EUR/USD Forecast: no political troubles in Germany

by FXStreet | November 20, 2017 10:36 am
The common currency started had a rough beginning of the week, as talks for a coalition government in Germany ended on Sunday after the Free Democratic Party pulled out. Merkel’s CDU has now been sentenced to a minority...

USDJPY Range Resistance (Nov 20, 2017)

by Kate Curtis | November 20, 2017 4:32 am
USDJPY looks ready to trade sideways on its daily time frame as price has bounced off the resistance around 114.25. This could put the pair on track towards its range support at 108.50. The 100 SMA is...

USD/JPY Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:20 pm
The US dollar fell significantly during the trading session on Friday, and then bounced slightly to only roll over again. We have tested the 112 level, and if we can continue to go lower from here, the...

USD/CAD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:18 pm
The US dollar has been very volatile against the Canadian dollar during the trading session on Friday, initially dipping down towards the 1.2715 level, and then exploding to the upside, reaching as high as 1.2830. We then...

GBP/USD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:16 pm
The British pound has been very volatile during the trading session on Friday, testing the 1.3250 level but failing. However, I think that eventually we will break above there as the British pound is going to continue...

EUR/USD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:14 pm
The EUR/USD pair has been choppy during the trading session on Friday, rallying a bit, breaking above the 1.18 level. However, we roll over from there and it looks as if were going to settle on an...

AUD/USD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:13 pm
The Australian dollar has fallen a bit during the day on Friday, showing signs of struggle against the US dollar you again. The 0.7550 level underneath has been supportive in the past, and is the beginning of...

GBPJPY Descending Channel (Nov 17, 2017)

by Kate Curtis | November 17, 2017 6:34 am
GBPJPY continues to trend lower on its short-term time frames. Price is testing the resistance at 149.00 and could be ready for a drop to the channel support at 147.50. The 100 SMA is below the longer-term...

USD/JPY Price Forecast November 17, 2017, Technical Analysis

by FX Empire | November 17, 2017 5:20 am
The US dollar has been very choppy against the Japanese yen during the trading session on Thursday, as we continue to dance around the 113 handle. The previous downtrend line that was the top of the channel...