USDJPY Daily Analysis – October 1, 2018
USDJPY’s upside movement from 110.38 extended to as high as 113.96. Further rise is still possible in a couple of days and next target would be at 115.00 area. Near term support is at 113.30, a breakdown...
Author: ForexCycle.com
AUDUSD Daily Analysis – October 1, 2018
AUDUSD is now in the downtrend from 0.7314, the bounce from 0.7202 is likely consolidation for the downtrend. Further decline could be expected in a couple of days and next target would be at 0.7150 area. Resistance...
GBPUSD Daily Analysis – October 1, 2018
GBPUSD extended its downside movement from 1.3298 to as low as 1.3000, breaking below 1.3054 support. Deeper decline is still possible in a couple of days and next target would be at 1.2900 area. Near term resistance...
EURUSD Daily Analysis – October 1, 2018
EURUSD extended its downside movement from 1.1815 to as low as 1.1569. Further decline is still possible in a couple of days and next target would be at 1.1400 area. Resistance is at 1.1680, as long as...
Will the Fed’s Rate Hikes Choke the Stock Market Rally?
By Elliott Wave International Investing is hard. You, like many others, probably watch financial TV networks, read analysis, listen to talk shows and talk to fellow investors, trying to understand what’s next. One popular stock market “indicator”...
USDCAD Weekly Analysis – September 30, 2018
USDCAD is facing 1.2887 support once again. A breakdown below this level could trigger further downside movement towards 1.2800 area. Near term resistance is at 1.3081, followed by the falling trend line on the daily chart, only...
USDJPY Weekly Analysis – September 30, 2018
USDJPY extended its upside movement from 104.63 to as high as 113.71. Further rise could be expected in a couple of weeks and next target would be at 115.50 resistance. Near term support is at 112.50, only...
AUDUSD Weekly Analysis – September 30, 2018
AUDUSD failed to break above the bearish trend line on the daily chart and pulled back to 0.7200 area, suggesting that the pair remains in the downtrend from 0.8135 and the bounce from 0.7085 could be treated...
GBPUSD Weekly Analysis – September 30, 2018
GBPUSD broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 1.2661 had completed at 1.3298 already and correction for the uptrend is underway. Deeper decline is still...
EURUSD Weekly Analysis – September 30, 2018
EURUSD failed in its attempt to break above 1.1851 resistance and pulled back to 1.1570 area, suggesting that the pair remains in the downtrend from 1.2555 and the price action from 1.1510 could be treated as consolidation...