EURUSD Daily Analysis – August 13, 2018

by ForexCycle.com | August 13, 2018 1:57 am
EURUSD extended its downside movement from 1.1746 to as low as 1.1369. Further decline is still possible after a minor consolidation and next target would be at 1.1300 area. Resistance is at 1.1480, as long as this...

USDCAD Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:48 am
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the bounce from 1.2961 could be treated as consolidation for the...

USDJPY Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:48 am
USDJPY broke below the rising trend line on the daily chart, suggesting that the upside movement from 104.63 to as high as 113.17. Deeper decline would likely be seen in a couple of weeks and next target...

AUDUSD Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:47 am
AUDUSD broke below 0.7310 support and extended its downside movement from 0.8135 to as low as 0.7280. As long as the price is below the falling trend line on the daily chart, the downside movement could be...

GBPUSD Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:47 am
GBPUSD extended its downside movement from 1.4376 to as low as 1.2722. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...

EURUSD Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:46 am
EURUSD broke below 1.1508 support and extended its downside movement from 1.2555 to as low as 1.1388. Further decline is still possible and next target would be at 1.1200 area. Resistance levels are at 1.1550 and 1.1851,...

Dreaming of a “Comfortable Retirement” on a Public Pension?

by ForexCycle.com | August 10, 2018 2:37 am
By Elliott Wave International Did you realize that many U.S. pension funds are in trouble even though stocks have been rising since 2009? Even so, many retirees expect a comfortable retirement. Jump on once-in-a-lifetime opportunities and avoid...

USDCAD Daily Analysis – August 10, 2018

by ForexCycle.com | August 10, 2018 2:34 am
USDCAD is now in the downtrend from 1.3119. Further decline could be expected and a breakdown below 1.2961 support could take the price into 1.2850 zone. Resistance is at 1.3119, only a break of this level could...

USDJPY Daily Analysis – August 10, 2018

by ForexCycle.com | August 10, 2018 2:34 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.15. Further decline to test 110.58 support is possible and a breakdown below this level would aim 110.00 area. On...

AUDUSD Daily Analysis – August 10, 2018

by ForexCycle.com | August 10, 2018 2:34 am
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall to test 0.7310 would likely be seen in the coming days, a breakdown below this level could trigger further downside movement towards...