GBPUSD Weekly Analysis – February 4, 2018

by ForexCycle.com | February 4, 2018 8:14 am
GBPUSD remains in the uptrend from 1.3027, the fall from 1.4345 could be treated as consolidation of the uptrend. Near term support is at 1.3979. As long as this level holds, the uptrend could be expected to...

EURUSD Weekly Analysis – February 4, 2018

by ForexCycle.com | February 4, 2018 8:13 am
EURUSD remains in the uptrend from 1.1554, the fall from 1.2537 is likely consolidation of the uptrend. As long as the price is above the bullish trend line on the daily chart, the uptrend could be expected...

Urgent Message Two Must See NASDAQ Charts

by ForexCycle.com | February 2, 2018 4:10 am
By Elliott Wave International [FREE RESOURCE] Investors Go for Broke: 3 Charts, Same Message… This short video shows you everything you need to know about the position of the stock market today. It’s a must-see message for...

USDCAD Daily Analysis – February 2, 2018

by ForexCycle.com | February 2, 2018 4:08 am
USDCAD remains in the downtrend from 1.2590. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2150...

USDJPY Daily Analysis – February 2, 2018

by ForexCycle.com | February 2, 2018 4:07 am
USDJPY is facing 109.77 resistance. A breakout of this level will suggest that the downside movement from 113.38 had completed at 108.28 already, then further rally towards 111.48 resistance could be seen. Near term support is at...

AUDUSD Daily Analysis – February 2, 2018

by ForexCycle.com | February 2, 2018 4:07 am
AUDUSD broke below the bullish trend line on the 4-hour chart. Deeper decline to test 0.7956 support is possible in the coming days. A breakdown below this level will confirm that the uptrend from 0.7501 (Dec 8,...

GBPUSD Daily Analysis – February 2, 2018

by ForexCycle.com | February 2, 2018 4:06 am
GBPUSD moved sideways in a trading range between 1.3979 and 1.4345. As long as 1.3979 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3301 and a breakout of...

EURUSD Daily Analysis – February 2, 2018

by ForexCycle.com | February 2, 2018 4:05 am
EURUSD is facing 1.2537 resistance. A breakout of this level will indicate that the uptrend from 1.1717 (Dec 12, 2017 low) has resumed, then further rise towards 1.2700 is possible. Near term support is at 1.2440. A...

Bitcoin’s $10,000 “Line in the Sand”

by ForexCycle.com | February 1, 2018 2:20 am
By Elliott Wave International On January 23, Bitcoin fell below $10,000. That’s the second time in recent days that prices dipped below this psychologically important threshold. The headlines picked up on the drama: “Bitcoin tumbles below $10,000...

USDCAD Daily Analysis – February 1, 2018

by ForexCycle.com | February 1, 2018 2:11 am
USDCAD extended its downside movement from 1.2590 to as low as 1.2247. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...