NIKE ( $NKE ) Forecasting The Decline & Selling The Rallies

by elliottwave-forecast.com | March 30, 2020 4:20 pm
Hello fellow traders.  Another instrument that we have been trading lately is NIKE stock. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKE, published in members area of...

$CA : Carrefour stock struggling with lack of space

by elliottwave-forecast.com | March 30, 2020 4:19 pm
The weekly technical structure of the Carrefour stock price is a good example of a market correction struggling with the lack of space.  Hereby, we observe a situation where the price extends lower in a Elliott Wave...

EURGBP Elliott Wave: Pair May Find Buyers Soon

by elliottwave-forecast.com | March 30, 2020 4:18 pm
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to...

What is CFD Trading?

by ForexCycle.com | March 30, 2020 10:28 am
CFD trading stands for Contract for Differences which is a financial contract that pays the difference between opening value and closing value of an asset in a transaction or it is making a profit from the movement...

USDCAD Daily Analysis – March 30, 2020

by ForexCycle.com | March 30, 2020 3:22 am
USDCAD broke below 1.4148 support, suggesting that the upside movement from 1.3201 had completed at 1.4667 already. Further decline would likely be seen and next target would be at 1.3800 area. Resistance is at 1.4155, a break...

USDJPY Daily Analysis – March 30, 2020

by ForexCycle.com | March 30, 2020 3:21 am
USDJPY broke below the bullish price channel on the 4-hour chart, suggesting that the upside movement from 101.17 had completed at 111.71 already. Further decline would likely be seen after a minor consolidation and next target would...

AUDUSD Daily Analysis – March 30, 2020

by ForexCycle.com | March 30, 2020 3:20 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.5507. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...

GBPUSD Daily Analysis – March 30, 2020

by ForexCycle.com | March 30, 2020 3:19 am
GBPUSD extended its upside movement from 1.1409 to as high as 1.2485. Further rise would likely be seen after a minor consolidation and next target would be at 1.2600 area. Near term support is at 1.2280, a...

EURUSD Daily Analysis – March 30, 2020

by ForexCycle.com | March 30, 2020 3:18 am
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1496 had completed at 1.0635 already. Further rally is still possible after a minor consolidation and next target would be...

USDCAD Weekly Analysis – March 29, 2020

by ForexCycle.com | March 29, 2020 11:07 am
USDCAD dropped sharply from 1.4667 to 1.3920. Further decline would likely be seen next week, and next target would be at the rising trend line on the daily chart. Near term resistance is at 1.4270, a break...