AUDUSD Daily Analysis – November 1, 2017
AUDUSD failed to break above 0.7718 resistance and stayed in a trading range between 0.7624 and 0.7718. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as...
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GBPUSD Daily Analysis – November 1, 2017
GBPUSD continued its sideways movement in a range between 1.3027 and 1.3337, and is facing 1.3337 resistance once again. A breakout of this level could trigger further upside movement to 1.3500 zone. Near term support is at...
EURUSD Daily Analysis – November 1, 2017
EURUSD is in consolidation for the downtrend from 1.1879. Range trading between 1.1574 and 1.1685 would likely be seen in a couple of days. Near term resistance is at 1.1685, as long as this level holds, the...
EURJPY Formed A Double Top Pattern On 4-hour Chart
EURJPY moved below a major bullish trend line from 122.40 to 127.56 on its daily chart, suggesting that the upside movement from 114.85 had completed at 134.49 already. Further decline would likely be seen in the coming...
From “1:5 to 5:1 in 35 Years” – The Long March AWAY from Safety
By Elliott Wave International When market psychology finally turns, it will turn HARD. You can be ready: See what the market’s Elliott wave picture can do for you — today. 3 Videos + 8 Charts = Opportunities...
USD/JPY Forecast October 31, 2017, Technical Analysis
The US dollar fell slightly against the Japanese yen, reaching down towards the 113.50 level. The market looks very well supported in this region, but I think that the market is going to continue to be very...
USD/CAD Forecast October 31, 2017, Technical Analysis
The US dollar continues to show signs of strength against the Canadian dollar, as we rallied slightly during the trading session on Monday. I believe that we will continue to go higher, but we are probably a...
GBP/USD Forecast October 31, 2017, Technical Analysis
The British pound rallied during the day on Monday, showing signs of strength yet again. We reached the 1.32 level above, which has a certain amount of psychological importance. However, I think there is much more resistance...
EUR/USD Forecast October 31, 2017, Technical Analysis
The EUR/USD pair rallied initially during the day on Monday, but found enough resistance to turn around and roll over. It looks as if the Euro is going to continue to fall, and if that’s the case...
AUD/USD Forecast October 31, 2017, Technical Analysis
The Australian dollar rallied a bit during the day on Monday initially, but then rolled over a bit later in the day. The market continues to find resistance near the 0.7750 level, extending to the 0.78 level....