CVR Energy (CVI) Daily Bullish Sequence

by elliottwave-forecast.com | October 2, 2017 3:06 pm
On November 2016, CVR Energy (NYSE: CVI) made an important low to end a daily correction from 2013 peak, up from there the stock either started a new bullish cycle to take it toward new all time highs or it’s just doing...

USDCNH Broke Above Major Resistance Trend Line

by ForexCycle.com | October 2, 2017 11:47 am
USDCNH extended its upside movement from 6.4412 to as high as 6.6777, breaking through a major bearish trend line on its daily chart, confirming that the bearish movement from 6.8588 had completed at 6.4412 already. On the...

AUDUSD Resistance Turned Support (Oct 02, 2017)

by Kate Curtis | October 2, 2017 5:06 am
AUDUSD previously broke past the resistance around the .7750 minor psychological level then zoomed up to the .8100 area. From there, price retreated from the rally and is showing signs of a correction to the broken resistance....

USDCAD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:20 am
USDCAD extended its upside movement from 1.2061 to as high as 1.2532. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to continue and next target...

USDJPY Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:17 am
USDJPY remains in the uptrend from 107.31, the fall from 113.25 is likely consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as...

AUDUSD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:16 am
AUDUSD moves in a bearish price channel on the 4-hour chart and remains in the downtrend from 0.8102. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be...

GBPUSD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:15 am
GBPUSD stays in a falling price channel on its 4-hour chart, suggesting that the pair remains in the downtrend from 1.3652. As long as the price is in the channel, the downside movement could be expected to...

EURUSD Daily Analysis – October 2, 2017

by ForexCycle.com | October 2, 2017 2:13 am
EURUSD stays in a descending price channel on its 4-hour chart and remains in the downtrend from 1.2029. As long as the price is in the channel, the bounce from 1.1717 could be treated as consolidation of...