EUR/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:02 am
The EUR/USD pair initially tried to rally on Thursday, but rolled over as we approached the 1.1880 level. The market then pulls back to the 1.1850 level, and after breaking above the 1.18 level is a very...

AUD/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:01 am
The Australian dollar rallied significantly during the Thursday session, as we finally broke above the 0.78 level it had been giving us some many issues. We pulled back a bit, but are starting to see buyers yet...

EURJPY Short-Term Correction Setup (Oct 13, 2017)

by Kate Curtis | October 13, 2017 6:02 am
EURJPY previously broke past the resistance at the 132.50 to 133.00 levels then zoomed up to a high of 133.46. Price has since pulled back to the broken resistance and the Fib tool on the latest swing...

USDCAD Daily Analysis – October 13, 2017

by ForexCycle.com | October 13, 2017 2:55 am
USDCAD broke below the bullish price channel on the 4-hour chart and is now in downtrend from 1.2598. Further decline would likely be seen in the coming days and next target would be at 1.2300, followed by...

USDJPY Daily Analysis – October 13, 2017

by ForexCycle.com | October 13, 2017 2:54 am
USDJPY broke below 112.21 support and is now in consolidation of the uptrend from 107.31. Range trading between 111.47 and 113.43 would likely be seen in a couple of days. Key support is located at 111.47. As...

AUDUSD Daily Analysis – October 13, 2017

by ForexCycle.com | October 13, 2017 2:53 am
AUDUSD’s bounce from 0.7732 extended to as high as 0.7838. Further rally to test 0.7875 resistance is still possible, above this level would confirm that the downtrend from 0.8124 had completed at 0.7732 already, then the following...

GBPUSD Daily Analysis – October 13, 2017

by ForexCycle.com | October 13, 2017 2:51 am
GBPUSD is facing 1.3291 resistance. A break of this level could bring price to next resistance level at 1.3455. However, the bounce from 1.3027 is likely correction of the downtrend from 1.3657, as long as 1.3455 resistance...

EURUSD Daily Analysis – October 13, 2017

by ForexCycle.com | October 13, 2017 2:50 am
EURUSD is in short term uptrend from 1.1669. As long as the price is above 1.1780 support, the upside movement could be expected to continue and next target would be at 1.1900, followed by 1.2029. On the...

DJ Commodity Index is supporting Higher GOLD

by elliottwave-forecast.com | October 12, 2017 11:34 am
The Dow Jones Commodity Index is a broad measure of the commodity futures market that emphasizes diversification and liquidity through a equal-weighted approach. It doesn’t allow any sector to make up more than 33% of its portfolio...

World Stock Index has much more upside

by elliottwave-forecast.com | October 12, 2017 11:20 am
The Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong.  The Index records and monitors daily changes of the largest companies of the Hong Kong Stock Market. It is the...