USDCAD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:17 am
USDCAD’s upside movement from 1.3179 extended to as high as 1.3374. As long as the price is in the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

USDJPY Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:16 am
USDJPY continued its sideways movement in a trading range between 109.14 and 109.99. The sideways movement is likely consolidation for the uptrend from 105.05. As long as 109.14 support holds, the upside movement could be expected to...

AUDUSD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:15 am
AUDUSD’s downside movement from 0.7235 to as low as 0.7076. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue, and next target would...

GBPUSD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:14 am
GBPUSD extended its upside movement from 1.2396 to as high as 1.3128. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

EURUSD Daily Analysis – January 25, 2019

by ForexCycle.com | January 25, 2019 2:13 am
EURUSD failed to break above the falling trend line on the 4-hour chart and extended its downside movement from 1.1570 to as low as 1.1289. As long as the trend line resistance holds, the downside movement could...

EURUSD : Will Pair Break Lower?

by elliottwave-forecast.com | January 24, 2019 6:53 pm
EURUSD Technical Analysis January 23/2019 EURUSD : Bearish market patterns can be seen on the Daily chart. In the chart below there are bearish patterns that have already triggered SELLS. The blue bearish pattern triggered SELLS at...

Apple Forecasting The Elliott Wave Bounce

by elliottwave-forecast.com | January 24, 2019 6:46 pm
In this technical blog, we are going to take a look at the past performance of Apple ticker symbol: $AAPL, 1 hour Elliott Wave charts that we presented to our clients. We are going to explain the structure and...

Is S&P 500 Ready to Make All-Time High?

by elliottwave-forecast.com | January 24, 2019 6:35 pm
S&P 500 formed a significant high at 2947 on Sept 21, 2018 after a 342% rally in 10 years. During the entire rally from year 2009 low, there was no major correction in the Index, that is...

Elliott Wave View: Gold In Consolidation Before a Break Higher

by elliottwave-forecast.com | January 24, 2019 6:28 pm
Short term Elliott Wave view in Gold suggests the rally to $1298.03 ended wave (W). The yellow metal is now correcting the cycle from August 16, 2018 low within wave (X) in 3, 7, or 11 swing....

USDCAD Daily Analysis – January 24, 2019

by ForexCycle.com | January 24, 2019 5:17 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3179. As long as the price is in the channel, the upside movement could be expected to continue and next...