CHFJPY Trend Setup (Oct 13, 2015)

by Kate Curtis | October 13, 2015 8:58 pm
CHF has slowly been trending higher on its 1-hour chart, as the recent lows of price action can be connected by an ascending trend line. Price recently broke past the near-term resistance near the 124.00 major psychological...

USD/JPY Forecast October 13, 2015, Technical Analysis

by FX Empire | October 13, 2015 8:21 am
The USD/JPY pair fell slightly during the course of the session on Monday, as we continue to bounce around the 120 level. With this, the market looks as if it is simply ready to stand still at...

USD/CAD Forecast October 13, 2015, Technical Analysis

by FX Empire | October 13, 2015 8:20 am
The USD/CAD pair broke higher during the course of the session on Monday, but remains just below the 1.30 level. We’ve got a get above there in order to start going long, and at that point time...

GBP/USD Forecast October 13, 2015, Technical Analysis

by FX Empire | October 13, 2015 8:19 am
The GBP/USD pair rose slightly during the course of the day on Monday, as the British pound continues to strengthen. That being said, if we can break to a fresh, new high, we feel that the market...

EUR/USD Forecast October 13, 2015, Technical Analysis

by FX Empire | October 13, 2015 8:18 am
The EUR/USD pair went back and forth during the course of the session on Monday, essentially going nowhere by the time the day ended. With that being the case, the market looks as if it isn’t going...

AUD/USD Forecast October 13, 2015, Technical Analysis

by FX Empire | October 13, 2015 7:57 am
The AUD/USD pair broke higher during the course of the day on Monday, as we continue to press the 0.74 handle. However, we are getting a bit overextended at this point in time so unless you are...

USDCHF Channel Support (Oct 12, 2015)

by Kate Curtis | October 12, 2015 5:56 am
USDCHF has been trending lower on its 1-hour chart, moving inside a descending channel and testing support. Price has formed a bearish flag right at the bottom of the channel around the .9600 major psychological support and...

Forex: “Elliott wave analysis helps me cut to the chase.”

by ForexCycle.com | October 11, 2015 8:35 am
By Elliott Wave International Jim Martens is one of the few forex Elliott wave instructors in the world and a long-time editor of Elliott Wave International’s forex-focused Currency Pro Service. A sought-after speaker, Jim has been applying...

US Stocks: The [Trend]Line Between Bull and Bear

by ForexCycle.com | October 11, 2015 8:32 am
By Elliott Wave International Last weekend, I went on a road trip with a friend and her two young sons. The second we left the driveway, the older boy placed a rubber pool noodle in between him...