USDCAD Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:09 am
USDCAD remains in the uptrend from 1.3253. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3700...

USDJPY Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:07 am
USDJPY stays below a falling trend line on its 4-hour chart and remains in the downtrend from 113.70. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

AUDUSD Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:06 am
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7393. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

GBPUSD Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:05 am
GBPUSD is in downtrend from 1.2814, further decline could be expected and next target would be at 1.2300 area. Near term resistance is at 1.2640, only a break of this level could trigger another upside movement towards...

EURUSD Daily Analysis – January 3, 2019

by ForexCycle.com | January 3, 2019 3:04 am
EURUSD is now in downtrend from 1.1496, further decline is still possible and next target would be at 1.1200 area. Near term resistance is at 1.1400, only a break of this level could trigger another rise towards...

Can Twitter (NYSE:TWTR) Aim for New All Time Highs ?

by elliottwave-forecast.com | January 2, 2019 8:59 pm
The social networking service Twitter (NYSE:TWTR), is one of the fewest technology companies that went public and its stock under-performed among the sector against the giants of the game. After its IPO in 2013, TWTR rallied to $74...

Elliott Wave Analysis: Palladium’s Target Area Reaction

by elliottwave-forecast.com | January 2, 2019 8:58 pm
Welcome traders, today we will look at a couple of Palladium futures (PA #F) charts. The metal reached one of our blue target areas and react perfectly to our expectations. This will show you how profitable and efficient...

Will Yen Continue to Outperform in 2019?

by elliottwave-forecast.com | December 31, 2018 9:04 pm
Care to guess what is the best performing major currency in 2018? Chances are you will say that it’s the US Dollar. Although US Dollar is doing pretty well this year, the best performing currency is in...

OIL Elliott Wave Forecasting The Decline

by elliottwave-forecast.com | December 31, 2018 9:03 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of OIL published in members area of the website. As our members know, we were calling for decline in OIL...

USDCAD Daily Analysis – December 31, 2018

by ForexCycle.com | December 31, 2018 2:55 am
USDCAD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.3253. As long as the channel support holds, the upside movement could be expected to continue and next target would...