License to Thrill No More

by ForexCycle.com | March 19, 2019 1:01 am
By Murray Gunn The luxury British car maker Aston Martin has learned a hard lesson; namely, diamonds may be forever, but the market for $400,000 cars is not. A February 28 Guardian article confirms that since going...

USDCAD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:57 am
USDCAD is in consolidation for the downtrend from 1.3467. Range trading between 1.3286 and 1.3390 would likely be seen in the coming days. Resistance is at 1.3390, as long as this level holds, the downtrend could be...

USDJPY Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:57 am
USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the short term uptrend from 110.77 had completed at 111.90 already. Deeper decline to test 110.77 support is possible...

AUDUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:56 am
AUDUSD broke above 0.7097 resistance and extended its upside movement from 0.7003 to as high as 0.7119. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

GBPUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:55 am
GBPUSD’s fall from 1.3381 extended to as low as 1.3184. Deeper decline is still possible in the coming days and next target would be at 1.3100 area. Resistance is now at 1.3300, only a break of this...

EURUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:54 am
EURUSD extended it upside movement from 1.1176 to as high as 1.1359. Further rise could be expected in a couple of days and next target would be at 1.1400 area. Key support is at 1.1294, only a...

Wave Structure Suggests Green Shoots Appearing in SNAP

by elliottwave-forecast.com | March 18, 2019 7:56 pm
Is There a Bottom for SNAP ? On March 3, 2017 shares of Snap Inc ( NYSE: SNAP ) printed a now all-time high of $29.44. Ever since then the social media/ camera company has seen very...

LMT Showing Elliott Wave Impulse Structure From All Time Lows

by elliottwave-forecast.com | March 18, 2019 7:55 pm
Lockheed Martin Corp (NYSE: LMT) is the largest defense, aerospace and advanced technologies company based in the United States employs approximately 105000 people worldwide. The company operates mainly on four business segments i.e Aeronautics, Missiles & Fire control,...

USDCAD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:27 am
USDCAD broke above the bearish trend line on the 4-hour chart, suggesting that lengthier consolidation for the downtrend from 1.3467 is underway. Range trading between 1.3286 and 1.3390 would likely be seen in a couple of days....