AUDUSD Daily Analysis – September 12, 2017

by ForexCycle.com | September 12, 2017 1:52 am
AUDUSD broke below the bullish trend line on its 4-hour chart, indicating that the short term uptrend from 0.7871 had completed at 0.8124 already. Further decline could be expected in a couple of days and next target...

GBPUSD Daily Analysis – September 12, 2017

by ForexCycle.com | September 12, 2017 1:51 am
GBPUSD broke below the bullish trend line on the 4-hour chart, indicating that consolidation for the uptrend from 1.2774 is underway. Range trading between 1.3070 and 1.3224 would likely be seen in a couple of days. Support...

EURUSD Daily Analysis – September 12, 2017

by ForexCycle.com | September 12, 2017 1:50 am
EURUSD is facing the support of the ascending trend line from 1.1662 to 1.1823 on its 4-hour chart. A clear break below the trend line could bring price back to test 1.1823 support, below this level could...

INSM Insmed Inc Stock Skyrocketed

by elliottwave-forecast.com | September 11, 2017 3:49 pm
INSM Insmed Inc Stock Skyrocketed by a staggering 120% higher recently. According to Nasdaq.com, the Insmed Inc. INSM stock advanced more than double in the pre-market trading after the company announced that its new drug, an inhaled...

Under Armour UAA Weekly Elliott Wave Outlook

by elliottwave-forecast.com | September 11, 2017 3:32 pm
Under Armour (NYSE: UAA) is one of the leading sporstwear companies around the world. However it’s stock has been struggling in the recent 2 years as it lost %68 since September 2015. In our previous article, we...

USDJPY Broke Below 108.13 Key Support

by ForexCycle.com | September 11, 2017 8:03 am
USDJPY recently broke below a major support level at 108.13, indicating that the sideways movement in a trading range between 108.13 and 115.50 is complete and the downtrend from 118.66 has resumed. On the downside The USDJPY...

USDCAD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:05 am
USDCAD extended its downside movement from 1.2662 to as low as 1.2061. As long as the price is below the bearish trend line on the 4-hour chart, the bounce from 1.2061 could be treated as consolidation of...

USDJPY Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:04 am
USDJPY’s downside movement from 110.67 extended to as low as 107.31. Resistance is at the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the rise from 107.31 could be treated...

AUDUSD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:03 am
AUDUSD remains in the uptrend from 0.7807, the fall from 0.8124 is likely consolidation of the uptrend. Near term support is located at the bullish trend line on the 4-hour chart. As long as the price is...

GBPUSD Daily Analysis – September 11, 2017

by ForexCycle.com | September 11, 2017 3:02 am
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2909. As long as the trend line support holds, the uptrend could be expected to continue and further rise to...