EURUSD Daily Analysis – March 29, 2019

by ForexCycle.com | March 29, 2019 3:01 am
EURUSD extended its downside movement from 1.1448 to as low as 1.1213. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

DAX Forecasting The Rally And Buying The Dips In Blue Box

by elliottwave-forecast.com | March 28, 2019 6:06 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website.  As our members know, the Index has incomplete bullish...

Elliott Wave View: Nasdaq (NQ_F) Showing Signs of Rolling Over

by elliottwave-forecast.com | March 28, 2019 6:06 pm
Nasdaq (NQ_F) is showing a preliminary sign that the cycle from December 26, 2018 low has ended. After forming the high at 7544.68 on March 22, 2019, the Index has started to turn lower. The first leg...

USDCAD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:33 am
USDCAD moved sideways in a trading range between 1.3371 and 1.3444. Support is at 1.3371, a breakdown below this level could take the price to next support level at 1.3300. Resistance is at 1.3444, above this level...

USDJPY Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:32 am
USDJPY moved sideways in a trading range between 109.70 and 110.95. As long as 110.95 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 111.90, further decline towards 109.00...

AUDUSD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:31 am
AUDUSD is facing 0.7065 support, a breakdown below this level could trigger further downside movement towards 0.7000 area. Near term resistance is at 0.7100, a break of this level could bring the price back towards 0.1768.

GBPUSD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:30 am
GBPUSD is now in the uptrend from 1.3003. Further rise would likely be seen in a couple of days and next target would be at 1.3350 area. Near term support is at 1.3140, below this level could...

EURUSD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:29 am
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1448. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

Elliott Wave View: Further Strength Ahead for 10 Year Notes (ZN_F)

by elliottwave-forecast.com | March 27, 2019 7:13 pm
Short term Elliott Wave view on Ten Year Treasury Notes (ZN_F) suggests that the rally from January 18, 2019 low (121.02) is unfolding as an Impulse Elliott Wave structure. The Notes is currently within wave (3) of...

Elliott Wave View: High Frequency Box Suggested NASDAQ Rally

by elliottwave-forecast.com | March 27, 2019 7:12 pm
Hello fellow traders. Today, I want to share some Elliott Wave charts of Nasdaq Futures (NQ_F) which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 03/08/19....