EURUSD Daily Analysis – July 24, 2017
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1684. As long as the price is above the rising trend line on its 4-hour chart, the bullish move could be expected to continue and next target...
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Oil, gold, ETFs & more: FREE pro-grade forecasts
Are you paying attention to commodities? You should be. Major moves in oil, gold and other commodities have offered up huge opportunities for traders in 2017. Our friends at Elliott Wave International have kept our subscribers ahead...
USDCAD Weekly Analysis – July 22, 2017
USDCAD stays below a bearish trend line on its daily chart and remains in the downtrend from 1.3793. As long as the trend line resistance holds, the downtrend could be expected to continue and further decline to...
USDJPY Weekly Analysis – July 22, 2017
USDJPY failed to break above 115.50 again. Indicating that lengthier sideways movement in a range between 108.00 and 115.50 is underway. Another fall to test 108.13 support could be expected in a couple of weeks. Near term...
AUDUSD Weekly Analysis – July 22, 2017
AUDUSD extended its bullish movement to as high as 0.7989. Now the pair is facing the resistance of the bearish price channel on its monthly chart at around 0.7900. A clear break above the channel resistance could...
GBPUSD Weekly Analysis – July 22, 2017
GBPUSD broke above 1.3047 resistance and is now in uptrend from 1.2589. As long as 1.2811 support holds, the uptrend could be expected to continue and next target would be at 1.3500 area. On the downside, a...
EURUSD Weekly Analysis – July 22, 2017
EURUSD broke above 1.1450 key resistance and reached as high as 1.1682, confirming the double bottom pattern on the weekly chart. As long as the pair is above the rising trend line on the daily chart, the...
USD/JPY Forecast July 24, 2017, Technical Analysis
The US dollar fell significantly during the Friday session against the Japanese yen, slicing below the 111.50 level. Because of this, the market then fell towards the 111 handle, which of course has a certain amount of...
USD/CAD Forecast July 24, 2017, Technical Analysis
The US dollar fell again against the Canadian dollar during the session on Friday, as we reached towards the 1.25 handle. That’s an area that should cause a bit of support, but when you look at the...
GBP/USD Forecast July 24, 2017, Technical Analysis
The British pound initially rose during the day on Friday but found enough resistance at the 1.30 level to roll over and it now looks as if we are going to continue the move lower. I think...