IYR Elliott Wave View: Buying The Wave 2 Pullback

by elliottwave-forecast.com | January 30, 2020 5:25 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of IYR, which we presented to members at elliottwave-forecast. In which, the rally from 16 December...

Elliott Wave View: Silver Has Scope for More Downside

by elliottwave-forecast.com | January 30, 2020 5:24 pm
Elliott wave view in Silver (ticker: XAGUSD) suggests that the sequence from January 8, 2020 high remains incomplete. As such, the metal still has scope to see more downside to reach the 100 – 123.6% Fibonacci extension...

USDCAD Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:10 am
USDCAD extended its upside movement from 1.3035 to as high as 1.3209. Further rise would likely be seen in a couple of days and next target would be at 1.3250 area. Support is now at 1.3153, a...

USDJPY Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:09 am
USDJPY moved sideways in a trading range between 108.73 and 109.26. The price action in the range is likely consolidation for the downtrend from 110.28, further decline to 108.00 area is possible after the consolidation. Resistance is...

AUDUSD Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:08 am
AUDUSD extended its downside movement from 0.6933 to as low as 0.6731. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6777, a break of this level could...

GBPUSD Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:07 am
GBPUSD is facing 1.2954 support, a breakdown below this level could trigger further downside movement towards 1.2850, followed by 1.2800. Near term resistance is at 1.3065, only break above this level could trigger another rise towards 1.3200.

EURUSD Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:06 am
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1172. As long as the trend line resistance holds, the bounce from 1.0992 could be treated as consolidation for the...

Zendesk (NYSE: ZEN) – Aiming for New All time Highs

by elliottwave-forecast.com | January 29, 2020 4:58 pm
Zendesk (NYSE: ZEN) bullish trend since IPO is still in progress despite the 30% correction which took place last year. The Bulls remained in Control as the stock ended a corrective 3 swing move lower then started a...