$OR: Giant of Cosmetics l’Oréal Remains Strong During Lockdown

by elliottwave-forecast.com | July 31, 2020 3:21 pm
L’Oréal S.A. is the world largest cosmetics and beauty company. Headquartered in Clichy, France, the field of activities concentrates on skin care, hair color, perfume, make-up, hair care, sun protection etc.  L’Oréal is a part of Euro...

Elliott Wave View: Nasdaq Attempting for New Record

by elliottwave-forecast.com | July 31, 2020 3:18 pm
Nasdaq (NQ_F) 1 hour chart below shows that the Index has ended the correction from July 13 all-time high. The pullback unfolded as a flat Elliott Wave Structure.  From July 13 high, wave (A) ended at 10358.75 low....

Bitcoin Entered Wave Four And Offered Buying Opportunity

by elliottwave-forecast.com | July 30, 2020 4:08 pm
In this technical blog, we are going to take a look at the past performance of the 1 hour Elliott wave charts of Bitcoin ticker symbol: $BTCUSD. In which, the rally from June 27, 2020 low ( $8830)...

CHFJPY Incomplete Sequence Targeting Higher

by elliottwave-forecast.com | July 30, 2020 4:07 pm
In this blog, we are going to take a look at the Elliott Wave chart of CHFJPY. The Daily chart update below shows that the pair has continued to extend higher from October 4, 2019 low. Up...

USDCAD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:20 pm
USDCAD remains in the downtrend from 1.3715. 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 target would be at 1.3200...

USDJPY Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:19 pm
USDJPY extended its downside movement from 107.53 to as low as 104.77. Further decline would likely be seen and next target would be at 104.00 area. Near term resistance is at 105.50, a break of this level...

AUDUSD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:18 pm
AUDUSD broke above 0.7182 resistance, suggesting that the uptrend from 0.6832 has resumed. Further rise could be expected in the coming days and next target would be at 0.7300 area. Near term support is at 0.7100, a...

GBPUSD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:17 pm
GBPUSD stays above a rising trend line on the 4-hour chart, and remains in the uptrend from 1.2479. As long as the trend line support holds, the upside movement could be expected to continue and next target...

EURUSD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:17 pm
EURUSD extended its upside movement from 1.1184 to as high as 1.1806. Further rise is still possible after consolidation and next target would be at 1.1900 area. Near term support is at 1.1695, a breakdown below this...