Hecla Mining (NYSE: HL) Impulsive Rally in Progress

by elliottwave-forecast.com | January 6, 2020 4:34 pm
Hecla Mining (NYSE: HL) is a mining company engaged in the exploration and development of mineral properties also the mining and processing of silver, gold, lead and zinc. Since May 2019, HL established a strong reversal after it...

Barrick Gold Corporation (NYSE: GOLD) Looking for Further Upside

by elliottwave-forecast.com | January 6, 2020 4:32 pm
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. As the precious metal price has been soaring recently, let’s take a look at the technical structure of the stock. GOLD established a major low...

Crude Oil Prices Jump as Middle East Tension Escalated

by elliottwave-forecast.com | January 6, 2020 4:31 pm
Crude Oil prices jumped by more than $2 after US drone strike killed top Iranian general. Fears mount that Iran may target the oil industry infrastructure across the region in the event of further tit-for-tat escalation. Last...

SUGAR ( $SB_F ) Forecasting The Path & Buying The Dips

by elliottwave-forecast.com | January 6, 2020 4:30 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGAR ( $SB_F ) published in members area of the Elliottwave-Forecast.com .  As our members know, SUGAR...

USDCAD Daily Analysis – January 6, 2020

by ForexCycle.com | January 6, 2020 2:37 am
USDCAD remains in the downtrend from 1.3327. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.2951 could be treated as consolidation for the downtrend, and further decline...

USDJPY Daily Analysis – January 6, 2020

by ForexCycle.com | January 6, 2020 2:36 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 109.70. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

AUDUSD Daily Analysis – January 6, 2020

by ForexCycle.com | January 6, 2020 2:36 am
AUDUSD extended its downside movement from 0.7031 to as low as 0.6930. Further decline is still possible after a minor consolidation and the target would be at the rising trend line on the 4-hour chart. Near term...

GBPUSD Daily Analysis – January 6, 2020

by ForexCycle.com | January 6, 2020 2:35 am
GBPUSD’s downside movement from 1.3284 extended to as low as 1.3053. Further decline would likely be seen after a minor consolidation and next target would be at 1.2900 area. Near term resistance is at 1.3165, only break...

EURUSD Daily Analysis – January 6, 2020

by ForexCycle.com | January 6, 2020 2:34 am
EURUSD extended its downside movement from 1.1239 to as low as 1.1125. Further decline is still possible and the target would be at the rising trend line on the 4-hour chart. Near term resistance is at 1.1180,...

USDCAD Weekly Analysis – January 5, 2020

by ForexCycle.com | January 5, 2020 12:07 pm
USDCAD extended its downside movement from 1.3327 to as low as 1.2951, breaking below 1.3015 support. Further decline would likely be seen after a minor consolidation and next target would be at 1.2800 area. Near term resistance...