EURUSD Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:46 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 and further decline to...

Soybean Hit 9 Year Low Due to Trade War

by elliottwave-forecast.com | June 22, 2018 2:30 pm
Early this week the price of Soybean futures (ZS_F) plunged to a new low in more than 9 years due to the tit-for-tat trade war between U.S. and China. Soybean Futures started to drop on Friday last...

USDJPY Support Around The Corner?

by elliottwave-forecast.com | June 22, 2018 10:40 am
USDJPY short-term Elliott wave view suggests that the rally to 110.91 high ended Minor wave 1 & also the cycle from 5/29 low. The internals of that rally higher unfolded as Elliott wave leading diagonalwhere Minute wave ((i)) ended at...

Trouble Spotting Market Trends? This Can Help

by ForexCycle.com | June 22, 2018 4:14 am
By Elliott Wave International Let it be stated upfront that there is no perfect way to analyze and forecast financial markets. No crystal balls. Yet, let’s be just as quick to add that in Elliott Wave International’s...

USDCAD Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:38 am
USDCAD extended its upside movement from 1.2856 to as high as 1.3335. Further rise could be expected after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3260, a breakdown...

USDJPY Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:37 am
USDJPY moved sideways in a trading range between 109.55 and 110.90. As long as 109.55 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.11 and a breakout of 110.90 resistance could...

AUDUSD Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:36 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7676. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:36 am
GBPUSD extended its downside movement from 1.3472 to as low as 1.3101. The subsequent bounce could be treated as consolidation for the downtrend. As long as 1.3298 resistance holds, the downside movement could b expected to resume...

EURUSD Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:35 am
EURUSD moved sideways in a trading range between 1.1508 and 1.1644. As long as 1.1644 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1851, and further decline towards 1.1300 area is...

VOX Elliott Wave View: Extending Higher As Impulse

by elliottwave-forecast.com | June 21, 2018 2:42 pm
Vanguard communication services ticker symbol: VOX short-term Elliott Wave view suggests that the rally to 84.50 on 5/11 peak ended intermediate wave (1) as an impulse. Down from there, the pullback to 81.78 on 5/29 low ended intermediate wave (2)...