USD/CHF falls to 2-week lows due to the US tax reform

by FXStreet | November 10, 2017 10:00 am
The USD/CHF ended the day with limited movements in a range with a bearish break. During the US session, a fall on the dollar board sent the pair to 0.9920, the lowest level since October 26. Senate...

EURUSD Area of Interest (Nov 10, 2017)

by Kate Curtis | November 10, 2017 6:35 am
EURUSD has been trending lower since breaking below the neckline of a head and shoulders pattern. Price is now moving inside a descending channel pattern and looks ready for a pullback to the resistance. Applying the Fibonacci...

USD/JPY Price Forecast November 10, 2017, Technical Analysis

by FX Empire | November 10, 2017 5:24 am
The US dollar rolled over during the trading session on Thursday, falling as low as the 113.25 handle before bouncing significantly. I think that the 113 level as massive support, and I believe that we will eventually...

GBP/USD Price Forecast November 10, 2017, Technical Analysis

by FX Empire | November 10, 2017 5:17 am
The British pound was choppy on Thursday, as we continue to consolidate in general. We are in a larger consolidation area, which extends down to roughly 1.3050, but is also supported by the 1.30 level underneath, as...

EUR/USD Price Forecast November 10, 2017, Technical Analysis

by FX Empire | November 10, 2017 5:15 am
The EUR/USD pair has been volatile during the trading session on Thursday, as the 1.16 level continues to attract a lot of attention. However, we have broken down below the neck line on a daily head and...

AUD/USD Price Forecast November 10, 2017, Technical Analysis

by FX Empire | November 10, 2017 5:12 am
The AUD/USD pair went back and forth and very choppy trading on Thursday initially, but then rolled over drastically. This of course is going to coincide with the gold market as per usual, which may have gotten...

USD/JPY Price Forecast November 9, 2017, Technical Analysis

by FX Empire | November 9, 2017 6:30 am
The US dollar fell a bit at the open on Wednesday, breaking down to the 113.40 level. We did bounce from there, but we are starting to see resistance at the 24-hour exponential moving average, and more...

USD/CAD Forecast November 9, 2017, Technical Analysis

by FX Empire | November 9, 2017 6:29 am
The US dollar fell during the trading session on Wednesday, breaking below the 24-exponential moving average on the hourly chart against the Canadian dollar. We are testing the 1.27 level, and I think at this point that...

GBP/USD Forecast November 9, 2017, Technical Analysis

by FX Empire | November 9, 2017 6:27 am
The British pound fell rather hard during the day on Wednesday, reaching down towards the 1.31 handle. There is a certain amount of support there though, extending down to the 1.30 level after that. I believe that...