EURUSD Weekly Analysis – April 24, 2016

by ForexCycle.com | April 24, 2016 7:37 am
EURUSD is facing 1.1100 support, as long as this level holds, the fall from 1.1464 could be treated as consolidation of the uptrend from 1.0822, another rise towards 1.2000 could be expected after consolidation. On the downside,...

(Interview) Elliott Wave Analysis Pairs with Fibonacci Perfectly

by ForexCycle.com | April 17, 2016 12:44 pm
By Elliott Wave International Using Fibonacci calculations helps you identify high-probability price targets and trade setups. In this new interview with our Senior Instructor Jeffrey Kennedy, you’ll learn how Fibonacci pairs perfectly with Elliott wave analysis. Watch...

(Interview) Pinpoint Where You’re Wrong

by ForexCycle.com | April 17, 2016 12:43 pm
By Elliott Wave International The Wave Principle is the only technical analysis tool that lets you know exactly where you’re wrong, to the pip, tick, or penny. Our senior instructor Jeffrey Kennedy explains this important value —...

USDCAD Weekly Analysis – April 17, 2016

by ForexCycle.com | April 17, 2016 12:41 pm
USDCAD remains in downtrend from 1.4689, and the downward movement extended to as low as 1.2744. Near term resistance is at the top of the price channel on daily chart, as long as the channel resistance holds,...

USDJPY Weekly Analysis – April 17, 2016

by ForexCycle.com | April 17, 2016 12:40 pm
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75. Further decline could be expected after a minor consolidation, and next target would be at 105.00 area. Resistance is at the...

AUDUSD Weekly Analysis – April 17, 2016

by ForexCycle.com | April 17, 2016 12:39 pm
AUDUSD stays in the upward price channel on daily chart, and remains in uptrend from 0.6826. Near term support is at the bottom of the channel, as long as the channel support holds, the uptrend could be...

GBPUSD Weekly Analysis – April 17, 2016

by ForexCycle.com | April 17, 2016 12:39 pm
GBPUSD stayed in a trading range between 1.3835 and 1.4668 for several weeks. The price action in the range is likely consolidation of the downtrend from 1.5929 (Jun 18, 2015 high). As long as 1.4668 resistance holds,...

EURUSD Weekly Analysis – April 17, 2016

by ForexCycle.com | April 17, 2016 12:38 pm
EURUSD remains in uptrend from 1.0822, the fall from 1.1464 is likely consolidation of the uptrend. Support is at 1.1100, as long as this level holds, the uptrend could be expected to resume, and next target would...

USDCAD Weekly Analysis – April 10, 2016

by ForexCycle.com | April 10, 2016 7:52 am
USDCAD stays in a downward price channel on daily chart, and remains in downtrend from 1.4689. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500...

USDJPY Weekly Analysis – April 10, 2016

by ForexCycle.com | April 10, 2016 7:52 am
USDJPY continued its downward movement from 123.75, and the fall extended to as low as 107.67. Resistance is now at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend...