USDCAD Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:10 am
USDCAD is now in the downtrend from 1.3329, the bounce from 1.3195 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.3100 area. Resistance is at...

USDJPY Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:10 am
USDJPY’s upside movement from 108.49 extended to as high as 111.05. Further rise could be expected after a minor consolidation and next target would be at 112.00 area. Near term support is at 110.75, a breakdown below...

AUDUSD Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:09 am
AUDUSD is now in the uptrend from 0.7054, the fall from 0.7135 is likely correction for the uptrend. Further rally could be expected and next target would be at 0.7180 area. Support is at 0.7054, below this...

GBPUSD Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:08 am
GBPUSD moved sideways in a trading range between 1.2832 and 1.2996. As long as 1.2996 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3217, a breakdown below 1.2832 support could trigger...

EURUSD Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:07 am
EURUSD remains in the downtrend from 1.1514, the price action from 1.1257 is likely consolidation for the downtrend. Key resistance is at 1.1341, as long as this level holds, the downside movement could be expected to continue...

Elliott Wave View: Further Rally in Nikkei Favored

by elliottwave-forecast.com | February 13, 2019 8:18 pm
Short-term Elliott wave view in Nikkei suggests that the Index has ended correction at 20169 as wave ((X)) and starts a new leg higher. Decline to 20169 on 8 February took the form of an Elliott Wave...

Alibaba Ended Elliott Wave Flat Correction: What’s Next?

by elliottwave-forecast.com | February 13, 2019 8:18 pm
In this technical blog, we are going to take a look at the past performance of Alibaba ticker symbol: $BABA 4-Hour Elliott Wave Charts that we presented to our members. In which, the stock made a 3...

Elliott Wave Analysis: More Downside Expected in EURGBP

by elliottwave-forecast.com | February 13, 2019 8:17 pm
Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below EURGBP unfolded as an...

Gold: The first long-term goal of increasing is 1323.85

by Assistant Traders | February 13, 2019 7:26 am
Cash investments of the “owners of the markets” in derivatives for gold of the CME Group exchange amounted to $ 181 billion 609 million. Capitalization of investments increased by less than 1%. The net advantage of bullish...

USDCAD Daily Analysis – February 13, 2019

by ForexCycle.com | February 13, 2019 3:55 am
USDCAD broke below 1.3230 support, suggesting that the upside movement from 1.3068 had completed at 1.3329 already. Further decline could be expected and next target would be at 1.3100 area. Near term resistance is at 1.3240, above...