USDCAD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:53 am
USDCAD is facing 1.3329 resistance, a break of this level would indicate that the uptrend from 1.3068 has resumed, then next target would be at 1.3450 area. Near term support is at 1.3230, below this level could...

USDJPY Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:52 am
USDJPY broke above 110.16 resistance and extended its upside movement from 108.49 to as high as 110.50. Further rise could be expected in a couple of days and next target would be at 111.50 area. Key support...

AUDUSD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:51 am
AUDUSD remains in the downtrend from 0.7295, further decline is still possible in a couple of days and next target would be at 0.7000 area. Near term resistance is at 0.7120, a break of this level could...

GBPUSD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:50 am
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3217. Further decline is still possible in a couple of days and next target would be at 1.2750 area. Key...

EURUSD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:49 am
EURUSD broke below 1.1289 support and extended its downside movement from 1.1514 to as low as 1.1267. Further decline is still possible after a minor consolidation and next target would be at 1.1200 area. Near term resistance...

BP Cycles and Elliott Wave from February 2016

by elliottwave-forecast.com | February 11, 2019 8:39 pm
BP Cycles and Elliott Wave from February 2016 Firstly I would like to mention the data I have on the BP stock goes back to around 1968 when prices were ranging around in between 1 & 2...

Shopify (NYSE:SHOP) – Bullish Flag Breakout Higher

by elliottwave-forecast.com | February 11, 2019 8:04 pm
Shopify (NYSE:SHOP) is an electronic commerce company offering online stores and retail point of sale platform designed for small and medium-sized businesses. Merchants can design, set up and manage their shops using a single interface which make is an...

EURUSD: The first long-term goal of increasing is 1.1415

by Assistant Traders | February 11, 2019 8:34 am
Total cash investments among the major participants in the CME Group of derivatives trading for the euro increased by less than 1%. At the same time, the total capitalization of investments in dollars amounted to $ 160...

USDCAD Daily Analysis – February 11, 2019

by ForexCycle.com | February 11, 2019 2:38 am
USDCAD’s upside movement from 1.3068 extended to as high as 1.3329. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Support is at 1.3230, a breakdown below this level...

USDJPY Daily Analysis – February 11, 2019

by ForexCycle.com | February 11, 2019 2:37 am
USDJPY moved sideways in a narrow range between 109.55 and 110.16. As long as 109.55 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.49, further rise to 111.00 area could be...