USDCAD Weekly Analysis – March 11, 2018
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2248. As long as the price is above the trend line, the fall from 1.3000 could be treated as consolidation...
Author: ForexCycle.com
USDJPY Weekly Analysis – March 11, 2018
USDJPY broke above the bearish trend line on the daily chart. Further rally to test 107.90 key resistance could be expected next week. A breakout of this level would indicate that the downside movement from 113.75 had...
AUDUSD Weekly Analysis – March 11, 2018
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7712 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 0.7500 area. Near term support is...
GBPUSD Weekly Analysis – March 11, 2018
GBPUSD is now in the downtrend from 1.4345. Further decline would likely be seen in a couple of weeks and next target would be at 1.3500, followed by 1.3000. Near term resistance is at the falling trend...
EURUSD Weekly Analysis – March 11, 2018
EURUSD is now in downtrend from 1.2555, the bounce from 1.2154 is likely correction for the downtrend. Further decline would likely be seen in a couple of weeks and a breakdown below 1.2154 support could take price...
The Last Great Myth of Every Financial Euphoria
By Elliott Wave International Beware of the “New Normal” in the Stock Market! The January 2018 Elliott Wave Financial Forecast put it this way: After two decades of Mania Era asset bubbles and sentiment extremes, what now...
USDCAD Daily Analysis – March 9, 2018
USDCAD remains in the uptrend from 1.2450. As long as the price is above the bullish trend line on the 4-hour chart, the fall from 1.3000 could be treated as consolidation for the uptrend, and another rise...
USDJPY Daily Analysis – March 9, 2018
USDJPY broke above the top trend line of the price channel on the 4-hour chart, suggesting that the short term downtrend from 107.90 had completed at 105.24 already. Further rally could be expected in a couple of...
AUDUSD Daily Analysis – March 9, 2018
AUDUSD’s short term uptrend from 0.7712 had completed at 0.7842 already. Another fall could be expected in the coming days and next target would be at 0.7712 support. Below this level would confirm that the downtrend from...
GBPUSD Daily Analysis – March 9, 2018
GBPUSD broke below a bullish trend line on its 4-hour chart, suggesting that the short term uptrend from 1.3711 had completed at 1.3929 already. Deeper decline to test 1.3711 support would likely be seen in the coming...