GBPUSD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:36 am
GBPUSD is in consolidation for the downtrend from 1.3298, the bounce from 1.2475 is likely consolidation for the downtrend. Range treading between 1.2475 and 1.2850 would likely be seen in a couple of weeks. As long as...

EURUSD Weekly Analysis – December 30, 2018

by ForexCycle.com | December 30, 2018 6:35 am
EURUSD is facing 1.1500 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. On the downside, as long as 1.1500 resistance holds, the sideways movement in the trading range between 1.1215 and...

USDCAD Daily Analysis – December 28, 2018

by ForexCycle.com | December 28, 2018 12:53 am
USDCAD extended its upside movement from 1.3253 to as high as 1.3660. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

USDJPY Daily Analysis – December 28, 2018

by ForexCycle.com | December 28, 2018 12:52 am
USDJPY moved sideways in a trading range between 110.26 and 111.45. The price action in the range is likely consolidation for the downtrend from 113.70, another fall towards 109.00 is possible after the consolidation. Key resistance is...

AUDUSD Daily Analysis – December 28, 2018

by ForexCycle.com | December 28, 2018 12:50 am
AUDUSD extended its downside movement from 0.7246 to as low as 0.7016. Further decline could be expected in a couple of days and next target would be at 0.6950 area. Resistance is at 0.7077, only a break...

GBPUSD Daily Analysis – December 28, 2018

by ForexCycle.com | December 28, 2018 12:48 am
GBPUSD is facing 1.2606 support, a breakdown below this level could trigger another fall towards 1.2475. However as long as 1.2606 support holds, the fall from 1.2738 would possibly be consolidation for the uptrend from 1.2475, further...

EURUSD Daily Analysis – December 28, 2018

by ForexCycle.com | December 28, 2018 12:47 am
EURUSD remains in the downtrend from 1.1485, the bounce from 1.1342 is likely correction for the downtrend. Another fall towards 1.1267 support is still possible after the correction. Resistance is at 1.1485, only break above this level...

World Indices: When to Start Buying Them Again

by elliottwave-forecast.com | December 27, 2018 9:15 pm
The World Indices have shown a sideways to lower year in 2018. The last Quarter alone World Indices lost their gains, for example, the SPX or the Dow Jones. Other World indices peaked earlier than others this year...

AUDCAD Elliott Wave Analysis: Calling The Bounce From Inflection Area

by elliottwave-forecast.com | December 27, 2018 6:12 pm
In this blog, I want to share some short-term Elliott Wave charts of AUDCAD which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 12/19/18. Showing that AUDCAD...