CHFJPY Buying Elliott Wave Blue Boxes At Extreme Area

by elliottwave-forecast.com | February 6, 2020 4:55 pm
In this technical blog, we are going to take a look at the past performance of CHFJPY, 1-Hour Elliott wave Charts that we presented to our members. In which, the rally from October 2019 lows showed an impulse structure called for...

Elliott Wave View: Nikkei Has Resumed Higher

by elliottwave-forecast.com | February 6, 2020 4:54 pm
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index ended the correction from December 17, 2019 high in wave ((4)) at 22628. The Index has resumed higher in wave ((5)) although it still needs to...

XAUUSD Impulsive Elliott Wave Decline In Progress

by elliottwave-forecast.com | February 6, 2020 4:51 pm
XAUUSD (Gold) formed a secondary peak at 1593.82 on February 2, 2020 and turned lower sharply. Primary count suggests secondary peak completed wave B as a FLAT and wave C lower has started which should form part...

USDCAD Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:23 am
USDCAD remains in the uptrend from 1.3035. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3350...

USDJPY Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:22 am
USDJPY extended its upside movement from 108.30 to as high as 109.90. Further rise would likely be seen after a minor consolidation and next target would be at 110.28 resistance. Near term support is at 109.55, below...

AUDUSD Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:21 am
AUDUSD is facing 0.6777 resistance. As long as this level holds, the bounce from 0.6678 could be treated as consolidation for the downtrend from 0.7031, another fall to 0.6600 area is possible after the consolidation, only break...

GBPUSD Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:20 am
GBPUSD remains in the downtrend from 1.3209, further decline would likely be seen in the coming days, and next target would be at 1.2800 area. Near term resistance is at 1.3070, a break of this level could...

EURUSD Daily Analysis – February 6, 2020

by ForexCycle.com | February 6, 2020 4:18 am
EURUSD is facing 1.0992 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1020, a break of this level could bring the price back towards the top of...

TSLA Powerful Elliott Wave (III) Started From The Blue Box

by elliottwave-forecast.com | February 5, 2020 3:59 pm
TSLA has gained 447% since June 2019 and the vertical rally suggests it is super cycle wave (III) of an Elliott Wave Impulse structure up from all time low. In 2019, we looked for a pull back...