Elliott Wave View: Dow Futures (YM_F) Resumes Higher

by elliottwave-forecast.com | July 15, 2020 3:50 pm
YM_F 45 minutes chart below shows that Index has ended the cycle from July 7 high as wave 2 at 25293 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 7 high, wave ((a))...

USDCAD Daily Analysis – July 15, 2020

by ForexCycle.com | July 15, 2020 4:19 am
USDCAD extended its upside movement from 1.3490 to as high as 1.3645. Further rally would likely be seen and next target would be at 1.3800 area. Key support is at 1.3485, a breakdown below this level could...

USDJPY Daily Analysis – July 15, 2020

by ForexCycle.com | July 15, 2020 4:18 am
USDJPY is testing the resistance of the falling trend line on the 4-hour chart. A clear break of the trend line resistance would indicate that the downside movement from 108.16 had completed at 106.64 already, then another...

AUDUSD Daily Analysis – July 15, 2020

by ForexCycle.com | July 15, 2020 4:15 am
AUDUSD broke above 0.7000 resistance, suggesting that the upside movement from 0.6832 has resumed. Further rise would likely be seen and next target would be at 0.7100 area. Key support is at 0.6921, a breakdown below this...

GBPUSD Daily Analysis – July 15, 2020

by ForexCycle.com | July 15, 2020 4:14 am
GBPUSD extended its downside movement from 1.2669 to as low as 1.2479. Further decline is still possible and next target would be at 1.2400 area. Near term resistance is at 1.2600, a break of this level could...

EURUSD Daily Analysis – July 15, 2020

by ForexCycle.com | July 15, 2020 4:13 am
EURUSD extended its upside movement from 1.1184 to as high as 1.1423. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

$TSX : Canadian Stock Market Index Waiting for Commodities Breakout

by elliottwave-forecast.com | July 14, 2020 3:54 pm
S&P/TSX Composite is a Canadian stock market index representing roughly 70% of the market capitalization on the Toronto Stock Exchange. Under the ticker $TSX, one can track the market value of 250 most important companies. From 2009 to...

Kospi Cycles Longer Term Swing Count Remains Bullish

by elliottwave-forecast.com | July 14, 2020 3:53 pm
Kospi Cycles Longer Term Swing Count Remains Bullish The KOSPI Index in the long term has been trending higher with other world indices since inception in 1983. The index began with a base value set at 100 and...