EUR/USD Forecast September 1, 2017, Technical Analysis

by FX Empire | September 1, 2017 5:40 am
The EUR/USD pair fell initially on Thursday, but turned around to show signs of support again. I think that the market could continue to go higher, but with today being the job number report out of the...

AUD/USD Forecast September 1, 2017, Technical Analysis

by FX Empire | September 1, 2017 5:39 am
The AUD/USD pair fell initially during the day on Thursday, but bounced enough to break above the 0.79 level again. This is a pretty bullish move, but I think this is going to have more to do...

GBPJPY Elliott Wave View: Ending correction

by elliottwave-forecast.com | August 31, 2017 11:58 am
GBPJPY Short Term Elliott Wave suggests that the decline to 8/23 low at 139.27 ended Minor wave W. Minor wave X bounce is currently unfolding as a double three Elliott Wave Structure. Minute wave ((w)) of X ended at...

USD/JPY Forecast August 31, 2017, Technical Analysis

by FX Empire | August 31, 2017 5:53 am
The US dollar exploded to the upside on Tuesday against the Japanese yen, and then continued that bullish pressure on Wednesday. We are now clear the 110 handle, and it looks a very likely to continue to...

USD/CAD Forecast August 31, 2017, Technical Analysis

by FX Empire | August 31, 2017 5:52 am
The USD/CAD pair initially fell during the session on Wednesday, but found the 1.25 level to be supportive enough to turn the market around. Because of this, I think that the explosive moved to the upside signals...

GBP/USD Forecast August 31, 2017, Technical Analysis

by FX Empire | August 31, 2017 5:51 am
The British pound has gone sideways overall during the session on Wednesday, in a consolidated and messy manner. I believe that ultimately the British pound will continue to fall, and that the recent rally has been more...

EUR/USD Forecast August 31, 2017, Technical Analysis

by FX Empire | August 31, 2017 5:50 am
The EUR/USD pair fell on Wednesday, as we are reaching towards the 1.19 level. That’s an area that should be supportive, but if we break down below there I think there’s even more support near the 1.18...

AUD/USD Forecast August 31, 2017, Technical Analysis

by FX Empire | August 31, 2017 5:49 am
The Australian dollar has been sold off rather aggressively during the session on Wednesday, as the sellers stepped in just below the 0.80 level. Now that we are approaching the 0.79 handle, it is likely that we...

USDCAD Reversal Formation (Aug 31, 2017)

by Kate Curtis | August 31, 2017 3:41 am
USDCAD seems to be done with its selloff as price is forming a double bottom pattern on its 4-hour time frame. This classic reversal signal could be confirmed once price breaks past the neckline resistance at the...

CL_F Oil Elliott Wave View: Pullback in progress

by elliottwave-forecast.com | August 30, 2017 12:42 pm
Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46 and Minute wave ((x)) ended at 48.76. Oil has since made a...