GBPUSD Weekly Analysis – October 7, 2018

by ForexCycle.com | October 7, 2018 7:40 am
GBPUSD remains in the uptrend from 1.2661, the pullback from 1.3298 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3500 area. Near term support is...

EURUSD Weekly Analysis – October 7, 2018

by ForexCycle.com | October 7, 2018 7:39 am
EURUSD moved sideways in a trading range between 1.1301 and 1.1851 for several months. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and further decline towards...

Ripple (XRP) Makes Huge Waves: Did You See Them Coming?

by ForexCycle.com | October 5, 2018 6:13 am
By Elliott Wave International 7 Days of Free Forecasts 11 Top FX Markets + Bitcoin, Ethereum & Litecoin Forex FreeWeek | October 3-10, 2018 You’ve just seen how Elliott Wave analysis can help you anticipate even the...

USDCAD Daily Analysis – October 4, 2018

by ForexCycle.com | October 4, 2018 2:02 am
USDCAD’s bounce from 1.2782 extended to as high as 1.2884. However the bounce is likely consolidation for the downtrend from 1.3081. Another fall is possible after the consolidation and a breakdown below 1.2782 support could trigger further...

USDJPY Daily Analysis – October 4, 2018

by ForexCycle.com | October 4, 2018 2:02 am
USDJPY’s upside movement from 110.38 extended to as high as 114.54. Further rise is still possible and next target would be at 115.50 resistance. Near term support is at 113.52, a breakdown below this level could bring...

AUDUSD Daily Analysis – October 4, 2018

by ForexCycle.com | October 4, 2018 2:01 am
AUDUSD is facing 0.7085 support, a breakdown below this level could trigger further downside movement towards 0.7000. Near term resistance is at 0.7130, only a break of this level could bring the price back towards the falling...

GBPUSD Daily Analysis – October 4, 2018

by ForexCycle.com | October 4, 2018 2:01 am
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3298. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

EURUSD Daily Analysis – October 4, 2018

by ForexCycle.com | October 4, 2018 2:00 am
EURUSD continued its downside movement from 1.1815 and the fall extended to as low as 1.1464. Further decline could be expected and next target would be at 1.1400 area. Key resistance is at 1.1593, only a break...

USDCAD Daily Analysis – October 3, 2018

by ForexCycle.com | October 3, 2018 4:43 am
USDCAD remains in the downtrend from 1.3081, the bounce from 1.2782 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2700 area. Resistance is at 1.2870,...