Elliott Wave Analysis: Further Strength Expected in Oil

by elliottwave-forecast.com | January 20, 2019 8:54 pm
In this blog, I want to share with you some Elliott Wave charts of Oil which we presented to our members at Elliott Wave Forecast. You see the 1-hour updated chart presented to our clients on the 01/10/19. Oil ended...

GBPJPY Reached The Extreme Area Lower And Bounced

by elliottwave-forecast.com | January 20, 2019 8:48 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPJPY, published in members area of the website.  As our members know, the pair had incomplete bearish...

Elliott Wave Hedging Suggests More Upside in CHK

by elliottwave-forecast.com | January 20, 2019 8:34 pm
Chesapeake Energy Corp’s (NYSE: CHK) most recent price action suggests the stock may be poised for a comeback in 2019. Beaten down to prices not seen since 2016 CHK is now tracing out what appears to be...

Copper Providing Another Elliott Wave Selling Opportunity Soon?

by elliottwave-forecast.com | January 20, 2019 8:27 pm
In this technical blog, we are going to cover past performance as well as some recent 1 hour Elliott Wave Charts of Copper, that we presented to our clients. We are going to explain the structure and...

USDCAD Weekly Analysis – January 20, 2019

by ForexCycle.com | January 20, 2019 6:19 am
USDCAD remains in the downtrend from 1.3664, the bounce from 1.3179 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 1.3000 area. Near term resistance is...

USDJPY Weekly Analysis – January 20, 2019

by ForexCycle.com | January 20, 2019 6:18 am
USDJPY extended its upside movement from 105.05 to as high as 109.88. Further rally is still possible next weeks and next target would be at 112.00 area. Near term support is at 109.00, a breakdown below this...

AUDUSD Weekly Analysis – January 20, 2019

by ForexCycle.com | January 20, 2019 6:17 am
AUDUSD’s upside movement from 0.6765 extended to as high as 0.7235. Further rise is still possible after a minor consolidation and next target would be at 0.7350 area. Near term support is at 0.7140, a breakdown below...

GBPUSD Weekly Analysis – January 20, 2019

by ForexCycle.com | January 20, 2019 6:16 am
GBPUSD’s bounce from 1.2396 extended to as high as 1.3000. Further rally could be expected in a couple of weeks and next target would be at 1.3100 area. Near term support is at 1.2750, a breakdown below...

EURUSD Weekly Analysis – January 20, 2019

by ForexCycle.com | January 20, 2019 6:15 am
EURUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1215. As long as the price is in the channel, the upside movement could be expected to continue and next...