USDCAD Weekly Analysis – April 29, 2018

by ForexCycle.com | April 29, 2018 9:13 am
USDCAD is now in uptrend from 1.2526. Further rise could be expected after a corrective consolidation and next target would be at 1.3100 area. Near term support is at 1.2800, a breakdown below this level would indicate...

USDJPY Weekly Analysis – April 29, 2018

by ForexCycle.com | April 29, 2018 9:12 am
USDJPY broke above 107.90 resistance and extended its upside movement from 104.63 to as high as 109.53, suggesting that the downtrend from 114.73 is complete. Further rise could be expected after a minor consolidation and next target...

AUDUSD Weekly Analysis – April 29, 2018

by ForexCycle.com | April 29, 2018 9:11 am
AUDUSD extended its downside movement from 0.8135 to as low as 0.7514. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and deeper...

GBPUSD Weekly Analysis – April 29, 2018

by ForexCycle.com | April 29, 2018 9:11 am
GBPUSD extended its downside movement from 1.4376 to as low as 1.3747, facing the support level at 1.3711. A breakdown below this level would indicate that the upside movement from 1.1946 (Oct 7, 2016 low) had completed...

EURUSD Weekly Analysis – April 29, 2018

by ForexCycle.com | April 29, 2018 9:10 am
EURUSD extended its downside movement from 1.2555 to as low as 1.2055, facing the support at bottom of the price channel on the daily chart. A clear break below the channel support would indicate that the uptrend...

Does Elliott Wave View Suggest A Turn In FTSE Is Imminent?

by elliottwave-forecast.com | April 27, 2018 2:20 pm
Short-term Elliott Wave view in FTSE suggest that the decline to 3/26/2018 low 6866.94 ended intermediate wave (B). Above from there, Intermediate wave (C) of ((B)) remains in progress with a strong rally to the upside unfolding as Impulse Elliott Wave structure....

USDCAD Daily Analysis – April 27, 2018

by ForexCycle.com | April 27, 2018 12:57 am
USDCAD moved sideways in a trading range between 1.2812 and 1.2897. As long as this level holds, the uptrend could be expected to continue and next target would be at 1.3000 area. Key support is at 1.2812,...

USDJPY Daily Analysis – April 27, 2018

by ForexCycle.com | April 27, 2018 12:57 am
USDJPY remains in the uptrend from 106.88, the fall from 109.47 is likely consolidation of the uptrend. Key support is at 108.54, as long as this level holds, the uptrend could be expected to continue and next...

AUDUSD Daily Analysis – April 27, 2018

by ForexCycle.com | April 27, 2018 12:56 am
AUDUSD’s downside movement from 0.7813 extended to as low as 0.7546. Further decline is still possible after a minor consolidation and next target would be at 0.7500 area. Key resistance is at 0.7620, only a breakout of...

GBPUSD Daily Analysis – April 27, 2018

by ForexCycle.com | April 27, 2018 12:56 am
GBPUSD remains in the downtrend from 1.4376. As long as 1.4000 resistance holds, the downside movement could be expected to continue and next target would be at 1.3800 area. Key resistance is at 1.4030, only a breakout...