EURJPY Stays Above Ascending Trend Line

by ForexCycle.com | October 11, 2017 8:50 am
EURJPY stays above an ascending trend line on its daily chart, indicating that the price remains in the uptrend from 114.85. As long as the trend line support holds, the upside movement could be expected continue. On...

1 Hour a Week Forex Trading Strategy

by ForexCycle.com | October 11, 2017 4:37 am
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USDCAD Daily Analysis – October 11, 2017

by ForexCycle.com | October 11, 2017 2:25 am
USDCAD broke below the bottom of the price channel on the 4-hour chart. Further fall to test 1.2448 support would likely be seen. Below this level would indicate that the upside movement from 1.2061 had completed at...

USDJPY Daily Analysis – October 11, 2017

by ForexCycle.com | October 11, 2017 2:24 am
USDJPY broke below 112.21 support. Further decline would likely be seen and next target would be at 111.47. Below this level would indicate that the upside movement from 107.31 had completed at 113.43 already, then the following...

AUDUSD Daily Analysis – October 11, 2017

by ForexCycle.com | October 11, 2017 2:24 am
AUDUSD is now facing the falling trend line on its 4-hour chart. Breakthrough the trend line resistance would take price to next resistance level at 0.7875. Above this level would confirm that the downside movement from 0.8124...

GBPUSD Daily Analysis – October 11, 2017

by ForexCycle.com | October 11, 2017 2:23 am
GBPUSD broke above the falling trend line on its 4-hour chart, suggesting that the downtrend from 1.3657 had completed at 1.3027 already. Further rally could be expected in the coming days and next target would be at...

EURUSD Daily Analysis – October 11, 2017

by ForexCycle.com | October 11, 2017 2:22 am
EURUSD broke above the top trend line of the price channel on the 4-hour chart and is now facing the 1.1832 key resistance. Above this level would indicate that the downside movement from 1.2092 had completed at...

NZDUSD Broke Below Important Support At 0.7131

by ForexCycle.com | October 10, 2017 10:45 am
The NZDUSD pair recently broke below an important support level at 0.7131 and extended its bearish movement from 0.7557 to as low as 0.7055, indicating that the bearish movement from 0.7557 has resumed. Further decline towards 0.6817...

On Bulls and Bears, and the Delicate Balance Between Them

by ForexCycle.com | October 10, 2017 9:25 am
By Elliott Wave International 3 Videos + 8 Charts = Opportunities You Need to See. Join this free event hosted by Elliott Wave International and you’ll get a clear picture of what’s next in a variety of...

USDCAD Daily Analysis – October 10, 2017

by ForexCycle.com | October 10, 2017 2:04 am
USDCAD is now facing the bottom support trend line of the price channel on its 4-hour chart. Below the channel support could take price to 1.2448 key support level. A breakthrough would indicate that the uptrend from...