GBPUSD Daily Analysis – August 31, 2017

by ForexCycle.com | August 31, 2017 3:09 am
GBPUSD remains in the uptrend from 1.2774, the pullback from 1.2978 is likely correction of the uptrend. Another rise could be expected after the correction and a break of 1.2978 resistance could signal resumption of the uptrend....

EURUSD Daily Analysis – August 31, 2017

by ForexCycle.com | August 31, 2017 3:09 am
EURUSD stays above a bullish support trend line on its 4-hour chart and remains in the uptrend from 1.1662. As long as the trend line support holds, the uptrend could be expected to continue and next target...

CL_F Oil Elliott Wave View: Pullback in progress

by elliottwave-forecast.com | August 30, 2017 12:42 pm
Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46 and Minute wave ((x)) ended at 48.76. Oil has since made a...

Review of Binomo binary option broker

by ForexCycle.com | August 30, 2017 3:47 am
Binary option trading becomes more and more popular, and a number of brokerage companies increases constantly. But there are brokers who, despite the active growth of competition, continue to be in the lead within their niche on...

President Trump and … the Yield Curve?

by ForexCycle.com | August 30, 2017 3:15 am
By Elliott Wave International This chart offers a completely different take on the question of why President Trump’s approval is falling. 3 Videos + 8 Charts = Opportunities You Need to See. Join this free event hosted...

SPX Elliott Wave View: At Weekly Inflection Area

by elliottwave-forecast.com | August 29, 2017 1:48 pm
SPX S&P 500 Long Term Elliott Wave view suggests that the Index has reached the minimum target at 2234.35 to end a big cycle from an all time low. If we assume the Index starts from all-time...

EURCAD Inverse Head and Shoulders (Aug 29, 2017)

by Kate Curtis | August 29, 2017 7:49 am
EURCAD seems ready to go for a move higher as it formed an inverse head and shoulders pattern on its daily time frame. Price has yet to break past the neckline at the 1.5000 major psychological level...

USDJPY Is Facing Major Support At 108.13

by ForexCycle.com | August 29, 2017 5:14 am
USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months and is now facing the previous low support level at 108.13 once again. On the 4-hour chart, there is a bearish price channel...

USD/JPY Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:48 am
The US dollar dipped slightly against the Japanese yen on Monday, in relatively quiet trading. Given enough time, I think that the buyers may return to this market longer term, as the 108.50 level underneath should be...

USD/CAD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:47 am
The USD/CAD pair initially went sideways at the open on Monday, but then fell to reach towards the 1.2440 level. We then bounced after that, but I think that there is a significant amount of resistance above,...