A Look at the Perilous Psychology of Financial Bubbles

by ForexCycle.com | September 23, 2020 1:16 pm
By Elliott Wave International The months before the 2000 and 2007 stock market peaks saw a measurable rise in news stories that used the phrase “financial bubble.” But instead of selling, many investors kept right on buying....

3 Elliott Wave Resources AND Free U.S. Market Forecasts

by ForexCycle.com | September 20, 2020 12:53 pm
Volatility has returned — and, most likely, it will only heat up from here. You’re probably wondering what’s next. So, let our friends at Elliott Wave International help. In a few days, they’re starting a rare event called Unprecedented Year, Unprecedented...

USDCAD Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:48 pm
No changed in our view, USDCAD remains in the downtrend from 1.4667, the price action from 1.2993 is likely consolidation for the downtrend. Resistance is located at the top of the falling price channel on the daily...

USDJPY Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:45 pm
USDJPY is facing 104.18 support, a breakdown below this level could trigger further downside movement towards 103.00. Key resistance is at 107.05, only break above this level could signal completion of the downtrend.

AUDUSD Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:44 pm
AUDUSD remains in the uptrend from 0.5507, the pullback from 0.7413 is likely consolidation for the uptrend. As long as the price is in the rising price channel on the daily chart, the upside movement could be...

GBPUSD Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:38 pm
GBPUSD is facing the support of the rising price channel on the daily chart. As long as the channel support holds, the upside movement from 1.1409 could be expected to resume, and further rise to 1.3800 area...

EURUSD Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:35 pm
EURUSD broke below the rising trend line on the daily chart and continued its sideways movement in a trading range between 1.1695 and 1.2010. As long as 1.1695 key support holds, the sideways movement could be treated...

The Connection Between Stocks and the Economy is not What Most Investors Think

by ForexCycle.com | September 16, 2020 10:08 pm
By Elliott Wave International You’ve probably heard the phrase, “leading economic indicators.” In the U.S., they refer to a core set of data points, including the Consumer Price Index, the Producer Price Index, employment, manufacturing activity, housing...

USDCAD Weekly Analysis – September 13, 2020

by ForexCycle.com | September 13, 2020 2:07 pm
USDCAD remains in the downtrend from 1.4667, the bounce from 1.2993 is likely consolidation for the downtrend. As long as 1.3400 resistance holds, the downside movement could be expected to continue and next target would be at...