If You Aren’t Making Music with Commodities, Try This Song Instead

by ForexCycle.com | December 14, 2018 5:46 am
By Elliott Wave International If financial markets were styles of music, equities, especially the most stable Big Board stocks, are like great classical compositions: They’re made up of consistent, steady tempos you could listen to all day...

USDCAD Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:44 am
No changed in our view, USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 is likely consolidation for the uptrend. As long as 1.3300 support holds, another rise to test 1.3444 resistance is possible,...

USDJPY Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:43 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 112.23. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:41 am
AUDUSD is facing 0.7178 support, a breakdown below this level could trigger further downside movement to 0.7100 area. Key resistance is at 0.7246, above this level would indicate that the downside movement had completed at 0.7178 already,...

GBPUSD Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:40 am
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3174, as long as the trend line resistance holds, the bounce from 1.2475 could be treated as consolidation for the...

EURUSD Daily Analysis – December 14, 2018

by ForexCycle.com | December 14, 2018 4:39 am
EURUSD is forming a triangle pattern on its 4-hour chart. A break of the upper line of the pattern would take the price to 1.1500 area. On the downside, a breakdown below the bottom trend line could...

Elliott Wave View Suggests Bitcoin Selloff Not Over

by elliottwave-forecast.com | December 13, 2018 5:50 pm
Short Term Elliott Wave view suggests that the selloff in Bitcoin is not yet over. Rally to $4409.77 ended Intermediate wave (X). Down from there, the decline is unfolding as a double three Elliott Wave structure where...

CL_F (Oil) A buying or selling opportunity?

by elliottwave-forecast.com | December 13, 2018 5:25 pm
We at Elliottwave-Forecast.Com look at the Market as a whole and we keep track of many instrument to get an edge in the Market. At the end, nobody is 100% correct, but having an edge is the...

USDCAD Daily Analysis – December 13, 2018

by ForexCycle.com | December 13, 2018 1:49 am
USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 could be treated as consolidation for the uptrend. Another rise to test 1.3444 resistance is possible and a breakout could trigger further upside movement towards...

USDJPY Daily Analysis – December 13, 2018

by ForexCycle.com | December 13, 2018 1:48 am
USDJPY remains in the uptrend from 112.23, further rise could be expected after a minor consolidation and next target would be at 114.00 area. Near terms support is at 113.00, a breakdown below this level could bring...