GBP/USD Forecast January 4, 2017, Technical Analysis

by FX Empire | January 4, 2017 6:56 am
The GBP/USD pair went back and forth on Tuesday, but ultimately settled on a somewhat neutral candle. I think the we could bounce from here, but we should find plenty of resistance above. I’m waiting to see...

EUR/USD Forecast January 4, 2017, Technical Analysis

by FX Empire | January 4, 2017 6:55 am
The EUR had an extraordinarily volatile session on Tuesday as traders came back. At one point, we made a fresh new low. However, we turned around to form a candle that could be thought of as somewhat...

AUD/USD Forecast January 4, 2017, Technical Analysis

by FX Empire | January 4, 2017 6:54 am
The Australian dollar rallied on Tuesday, as we continue to consolidate. This is a market that is a little bit oversold, so either consolidation or a bounce is needed to attract more sellers. Pay attention to the...

Sell GBP/USD @ 1.22536 By Signal Factory

by Signal Factory | January 4, 2017 6:45 am
Sell GBP/USD @ 1.22536 By Signal Factory | SL:1.22936 | TP:1.21736 | 2017.01.04 06:36 GMT Provided by signalfactory.com

Sell GBP/JPY @ 144.576 By Signal Factory

by Signal Factory | January 4, 2017 6:00 am
Sell GBP/JPY @ 144.576 By Signal Factory | SL:144.976 | TP:143.776 | 2017.01.04 05:51 GMT Provided by signalfactory.com

Buy EUR/NZD @ 1.50532 By Signal Factory

by Signal Factory | January 4, 2017 5:15 am
Buy EUR/NZD @ 1.50532 By Signal Factory | SL:1.50132 | TP:1.51332 | 2017.01.04 05:07 GMT Provided by signalfactory.com

GBPJPY Reversal Pattern (Jan 04, 2017)

by Kate Curtis | January 4, 2017 3:35 am
GBPJPY has previously been on an uptrend but it looks like bulls are tired from the climb. A head and shoulders pattern can be seen forming on its 4-hour time frame, although the right shoulder is still...

Commodities: New Year’s Promises Vs. Elliott Wave Patterns

by ForexCycle.com | January 4, 2017 1:18 am
By Elliott Wave International It’s that time of year again, when before us an entirely new blank slate is laid, which we eagerly fill with promises of better health, habits, and life choices. But, according to Statisticsbrain.com,...

USDJPY Daily Analysis – January 4, 2017

by ForexCycle.com | January 4, 2017 1:13 am
USDJPY is facing 118.66 resistance, a break of this level will indicate that the uptrend from 101.18 (Nov 09, 2016 low) has resumed, then next target would be at 120.00 area. Key support is at 114.73, only...