AUDUSD Weekly Analysis – August 28, 2016
AUDUSD is facing the support of the upward trend line on daily chart. As long as the trend line support holds, the uptrend from 0.7144 could be expected to continue, and next target would be at 0.8000...
Author: ForexCycle.com
GBPUSD Weekly Analysis – August 28, 2016
GBPUSD stays within a trading range between 1.2795 and 1.3480. As long as 1.3800 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5016, and another fall to...
EURUSD Weekly Analysis – August 28, 2016
EURUSD stays in a upward price channel on daily chart and remains in uptrend from 1.0911. Near term support is at 1.1150, as long as this level holds, the uptrend could be expected to continue, and next...
Get Your Free Report: Brazil’s Olympic Games’ “Disastrous” Preparedness: What If?s
Our partners at Elliott Wave International have just released a new, free report, titled: “Brazil’s Olympic Games ‘Disastrous’ Preparedness: What if?” You’ve heard stories about poor athlete accommodations, unfinished competition facilities, polluted bay waters and green swimming...
How to Quickly Spot Common Fibonacci Ratios on a Chart
By Elliott Wave International Each Elliott wave pattern has its own common Fibonacci relationships between waves. You can use them to set your price targets and determine where the trend should reverse. In other words, Fibonacci ratios...
When Does a Forecast Become a Trade?
By Elliott Wave International Jeffrey Kennedy, the editor of our popular Trader’s Classroom educational service, weighs in on how you know when it’s time to enter a trade. [Editor’s Note: A text version of the video is...
USDCAD Weekly Analysis – August 21, 2016
USDCAD broke below the bottom of the price channel on daily chart, indicating that the downtrend from 1.4689 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.1500...
USDJPY Weekly Analysis – August 21, 2016
USDJPY is facing 98.97 support, a breakdown below this level will signal resumption of the downtrend from 123.75 (Nov 18, 2015 high), then next target would be at 95.00 area. Key resistance is at 107.48, only break...
AUDUSD Weekly Analysis – August 21, 2016
AUDUSD stays above the upward trend line on daily chart and remains in uptrend from 0.7144. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
GBPUSD Weekly Analysis – August 21, 2016
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Key resistance is at 1.3800, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and...