USD/CAD Forecast October 1, 2014, Technical Analysis
The USD/CAD pair finally have the 1.12 level that we been talking about for some time, but has pullback a little bit towards the end of the day on Tuesday. With that, we feel that the market...
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GBP/USD Forecast October 1, 2014, Technical Analysis
The GBP/USD pair fell during the day on Tuesday, but found enough support at the 1.62 level to turn things back around and form a little bit of a hammer. With that being said, we feel that...
EUR/USD Forecast October 1, 2014, Technical Analysis
The EUR/USD pair fell during the course of the day on Tuesday, it bounced enough from the 1.2550 region to form a hammer. This suggests to us that we could see a bounce from here and perhaps...
AUD/USD Forecast October 1, 2014, Technical Analysis
The AUD/USD pair initially fell during the course of the day on Tuesday, but found enough support below to turn things back around and form a hammer. The hammer of course is a positive sign, and as...
EURJPY Moving Averages Support (Oct 1, 2014)
EURJPY appears to have found support at the 200 simple moving average, which is close to the 61.8% Fibonacci retracement level on the 4-hour time frame. Weak euro zone inflation data sparked a round of euro selling...
Europe: The ONE Economic Comparison That Must Not Be Named… Was Just Named
By Elliott Wave International It’s happened. The one economic comparison Europe has dreaded more than any other; the name that’s akin to Lord Voldemort for investors has been uttered: “deflation.” And it’s not just “deflation.” You can...
Top Approaching in Berkshire Hathaway?
By Elliott Wave International Editor’s note: The following article originally appeared in a special September-October double issue of Robert Prechter’s Elliott Wave Theorist, one of the longest-running financial letters in the business. From Sept. 25 to Oct....
USDCAD Daily Analysis – October 1, 2014
USDCAD’s upward movement from 1.0886 extended to as high as 1.1222. Further rise could be expected, and next target would be at 1.1300 area. Support is at 1.1130, only break below this level could signal completion of...
USDCHF Daily Analysis – October 1, 2014
USDCHF’s upward movement from 0.9300 extended to as high as 0.9596. Support is at 0.9485, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9700 area. Only...
USDJPY Daily Analysis – October 1, 2014
USDJPY continued its upward movement from 101.50, and the rise extended to as high as 110.08. Further rise could be expected, and next target would be at 112.00 area. Near term support is at 109.10, and the...