Uncharted Market Territory? No – complimentary webinar from EWI

by ForexCycle.com | March 20, 2020 8:19 am
There’s a lot of misinformation in the financial news right now. You have questions. Now get answers. On Friday, March 20, at 1pm ET, our friends at Elliott Wave International will present a special webinar by their...

USDCAD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:41 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3201. As long as the trend line support holds, the pullback from 1.4667 could be treated as consolidation for the...

USDJPY Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:40 am
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:39 am
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6684 had completed at 0.5507 already. Further rally could likely be seen in the coming days and next target would...

GBPUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:38 am
GBPUSD extended its downside movement from 1.3199 to as low as 1.1409. Resistance is now at 1.1792, as long as this level holds, the downside movement could be expected to continue and next target would be at...

EURUSD Daily Analysis – March 20, 2020

by ForexCycle.com | March 20, 2020 4:37 am
EURUSD extended its downside movement from 1.1496 to as low as 1.0652, breaking below 1.0778 support. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Near term resistance is...

Teladoc Health (NYSE: TDOC) Bullish Cycle Can Extend

by elliottwave-forecast.com | March 19, 2020 5:13 pm
Teladoc Health (NYSE: TDOC) is a multinational telemedicine and virtual healthcare company based in the United States. It offers an app-based medical consultations which present a safer solution for patient during the current pandemic conditions. The stock is...

The Clorox Company (NYSE: CLX) Ending an Impulsive Cycle

by elliottwave-forecast.com | March 19, 2020 5:12 pm
The Clorox Company (NYSE: CLX) is an American global manufacturer and marketer of consumer and professional products. Its’s brands include its namesake bleach and cleaning products.During a pandemic, the demand for sanitizing products rises significantly which helped Clorox to...

USDJPY Elliott Wave View: More Upside Expected

by elliottwave-forecast.com | March 19, 2020 5:11 pm
Short term Elliott Wave view in USDJPY suggests that the rally from March 09, 2020 low is showing a higher high sequence favoring a move towards $112.45-$114.17 target area the upside. The internals of that rally is...