Dow Futures Elliott Wave View: Pullback Should Find Support

by elliottwave-forecast.com | August 22, 2018 10:33 am
Short-term Elliott Wave view on YM_F (Dow Futures) suggests that the pullback to 24956 low ended Minor wave 4. Up from there, Index is rallying within Minor wave 5 to end a 5 waves up from 4/2/2018 low. Minute...

USDCAD Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:42 am
USDCAD extended its downside movement from 1.3174 to as low as 1.3013. Further decline is still possible and next target would be at 1.2961 support. Near term resistance is at 1.3070, only a breakout of this level...

USDJPY Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:41 am
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.15. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

AUDUSD Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:41 am
AUDUSD extended its upside movement from 1.7202 to as high as 0.7381. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:40 am
GBPUSD broke above 1.2827 resistance and extended its upside movement from 1.2661 to as high as 1.2924. Further rise is still possible and next target would be at the falling trend line on the 4-hour chart. Near...

EURUSD Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:39 am
EURUSD’s upside movement from 1.1301 extended to as high as 1.1601. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – August 21, 2018

by ForexCycle.com | August 21, 2018 1:59 am
USDCAD is now in downtrend from 1.3174. Further decline is still possible after a minor consolidation and next target would be at 1.2961 support. Near term resistance is at 1.3100, only a break of this level could...

USDJPY Daily Analysis – August 21, 2018

by ForexCycle.com | August 21, 2018 1:59 am
USDJPY broke below 110.10 support and extended its downside movement from 112.15 to as low as 109.77. Further decline is still possible in a couple of days and next target would be at 109.00 area. Near term...

AUDUSD Daily Analysis – August 21, 2018

by ForexCycle.com | August 21, 2018 1:58 am
AUDUSD’s upside movement from 0.7202 extended to as high as 0.7353. Further rise is still possible after a minor consolidation and next target would be at 0.7400 area. Support is at the bullish trend line on the...

GBPUSD Daily Analysis – August 21, 2018

by ForexCycle.com | August 21, 2018 1:58 am
GBPUSD is facing 1.2827 resistance, a break of this level would indicate that the downside movement from 1.3213 had completed at 1.26661 already, then the pair would find resistance at the falling trend line on the 4-hour...