Elliott Wave View: Nasdaq (NQ_F) Extending Higher as Impulse

by elliottwave-forecast.com | November 27, 2019 10:10 pm
Elliott Wave View in Nasdaq (NQ_F) suggests that the rally from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. On the chart below, we can see wave 3 of the impulse from October 3 low...

USDCAD Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:59 am
USDCAD is in consolidation for the uptrend from 1.3041, as long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to resume, further rise to 1.3360 area...

USDJPY Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:58 am
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.27. As long as the channel support holds, the uptrend could be expected to continue and next target would be...

AUDUSD Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:58 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the short term downtrend from 0.6834. As long as the channel resistance holds, the downtrend could be expected to continue and next target...

GBPUSD Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:57 am
GBPUSD remains in the downtrend from 1.2985. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2768...

EURUSD Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:56 am
EURUSD extended its downside movement from 1.1097 to as low as 1.1003, facing the support level at 1.0989, a breakdown below this level could trigger further downside movement towards 1.0900. Near term resistance is at 1.1040, above...

Elliott Wave View: Bullish Sequence Suggests Supported SPX

by elliottwave-forecast.com | November 26, 2019 10:42 pm
Elliott Wave View in SPX suggests that the sequence in the index from December 26.2018 low remains incomplete to the upside suggests any dips should remain supported in 3, 7 or 11 swings looking for more upside....

$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave

by elliottwave-forecast.com | November 26, 2019 10:42 pm
$EWC iShares MSCI Canada ETF Long Term Cycles & Elliott Wave Firstly the EWC instrument inception date was 3/12/1996. The iShares MSCI Canada ETF seeks to track the investment results of an index composed of large and mid-sized companies...

USDCAD Daily Analysis – November 26, 2019

by ForexCycle.com | November 26, 2019 4:00 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the price action from 1.3327 could be treated as consolidation for...