Elliott Wave Analysis: USDJPY Extending Higher As Impulse

by elliottwave-forecast.com | July 13, 2018 2:47 pm
USDJPY short-term Elliott Wave view suggests that the rally to 111.13 high ended Minute wave ((i)). Down from there, the pullback to 110.24 low ended Minute wave ((ii)). The internals of that pullback unfolded as a Flat Elliott...

USDCAD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:56 am
USDCAD failed to break above 1.3224 resistance and stays in a trading range between 1.3063 and 1.3224. However, another rise to test 1.3224 resistance is still possible and a breakout of this level could trigger further upside...

USDJPY Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:56 am
USDJPY’s bullish movement from 109.36 extended to as high as 112.71. Support is now at 111.90, as long as this level holds, the upside movement could be expected to continue and next target would be at 113.00...

AUDUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:55 am
AUDUSD is facing 1.7420 resistance. A break of this level would indicate that the downside movement from 0.7483 had completed at 0.7360 already, then another rise towards 0.7600 could be seen. However, as long as 0.7420 resistance...

GBPUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:55 am
GBPUSD’s fall from 1.3362 extended to as low as 1.3169. Further decline could be expected in a couple of days and next target would be at 1.3000 area. Resistance levels are at 1.3245 and 1.3300, only break...

EURUSD Daily Analysis – July 13, 2018

by ForexCycle.com | July 13, 2018 12:54 am
EURUSD’s downside movement from 1.1790 extended to as low as 1.1649. Further decline is still possible after a minor consolidation and next target would be at 1.1550 area. Resistance is now at 1.1740, only a breakout of...

Elliott Wave Analysis: Is AUDUSD Ready to Resume Lower?

by elliottwave-forecast.com | July 12, 2018 10:19 am
AUDUSD short-term Elliott Wave view suggests that the decline to $0.7308 low ended Intermediate wave (A) of a possible Zigzag structure coming from 6/06/2018 peak ($0.7676). Above from there, the 3 waves recovery to $0.7484 high ended Intermediate wave (B) bounce....

USDCAD Daily Analysis – July 12, 2018

by ForexCycle.com | July 12, 2018 3:43 am
USDCAD is facing 1.3224 resistance. A break of this level could take the price to 1.3350 area. Support is at 1.3130, only a breakdown below this level could trigger another fall towards 1.2950.

USDJPY Daily Analysis – July 12, 2018

by ForexCycle.com | July 12, 2018 3:43 am
USDJPY extended its upside movement from 109.36 extended to as high as 112.38. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Support is at 111.50, only a breakdown...

AUDUSD Daily Analysis – July 12, 2018

by ForexCycle.com | July 12, 2018 3:42 am
AUDUSD extended its downside movement from 0.7483 to as low as 0.7360. Further decline could be expected in the coming days and next target would be at 1.7300 area. Resistance is at 0.7420, only a breakout of...