EURUSD Daily Analysis – April 27, 2018

by ForexCycle.com | April 27, 2018 12:55 am
EURUSD extended its downside movement from 1.2413 to as low as 1.2096. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

What to Expect at a Critical Market Point: End of a Wave 2 Rally

by ForexCycle.com | April 26, 2018 3:10 am
By Elliott Wave International The great game of Wall Street — where huge amounts of money are at stake every trading day. Many speculators play this game by watching for events outside of the stock market that...

USDCAD Daily Analysis – April 26, 2018

by ForexCycle.com | April 26, 2018 3:07 am
USDCAD’s upside movement from 1.2526 extended to as high as 1.2897. Further rise is still possible and next target would be at 1.2950 area. Key support is at 1.2812, only a breakdown below this level would indicate...

USDJPY Daily Analysis – April 26, 2018

by ForexCycle.com | April 26, 2018 3:07 am
USDJPY extended its upside movement from 106.88 to as high as 109.47. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Key support is now at 108.54, only a...

AUDUSD Daily Analysis – April 26, 2018

by ForexCycle.com | April 26, 2018 3:06 am
AUDUSD extended its downside movement from 0.7813 to as low as 0.7552. Key resistance is now at 0.7620, as long as this level holds, the downtrend could be expected to continue and further decline to 0.7500 area...

GBPUSD Daily Analysis – April 26, 2018

by ForexCycle.com | April 26, 2018 3:06 am
GBPUSD remains in the downtrend from 1.4376, the bounce from 1.3918 is likely consolidation for the downtrend. Resistance is at 1.4030, as long as the price is below this level, the downside movement could be expected to...

EURUSD Daily Analysis – April 26, 2018

by ForexCycle.com | April 26, 2018 3:05 am
EURUSD’s downside movement from 1.2413 extended to as low as 1.2160. Key resistance is now at 1.2245. As long as this level holds, the downtrend could be expected to continue and next target would be at 1.2050...

USDCAD Daily Analysis – April 25, 2018

by ForexCycle.com | April 25, 2018 2:46 am
USDCAD remains in the uptrend from 1.2526. Further rise would likely be seen after a minor consolidation and next target would be at 1.2930 area. Support is at 1.2750, only a breakdown below this level could bring...

USDJPY Daily Analysis – April 25, 2018

by ForexCycle.com | April 25, 2018 2:46 am
USDJPY remains in the uptrend from 106.88, the pullback from 109.20 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and a breakout of 109.20 resistance could take the price to 110.50...

AUDUSD Daily Analysis – April 25, 2018

by ForexCycle.com | April 25, 2018 2:46 am
AUDUSD remains in the downtrend from 0.7813, the bounce from 0.7576 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 0.7576 support could take the price to 0.7500...