EUR/USD Forecast October 25, 2017, Technical Analysis

by FX Empire | October 25, 2017 6:01 am
The EUR/USD pair rallied a bit during the day on Tuesday, reaching towards the 1.1775 level. The market pulled back a little bit from there, but as the Americans came on board, we continue to see bullish...

AUD/USD Forecast October 25, 2017, Technical Analysis

by FX Empire | October 25, 2017 5:59 am
The Australian dollar initially rallied on Tuesday, using the 0.78 level as support. The 0.7850 level above was resistance during the previous session, but we could even make it to that level. It look very bullish initially,...

GBPJPY Channel Support (Oct 25, 2017)

by Kate Curtis | October 25, 2017 3:34 am
GBPJPY has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price just bounced off resistance and could be due to test support at the 149.00 major psychological level....

USD/JPY Forecast October 24, 2017, Technical Analysis

by FX Empire | October 24, 2017 6:56 am
The US dollar gapped higher against the Japanese yen at the open on Monday, as Abe won the elections easily in Japan, which of course is good for the Nikkei, and suggests that we are to continue...

USD/CAD Forecast October 24, 2017, Technical Analysis

by FX Empire | October 24, 2017 6:55 am
The US dollar rallied against the Canadian dollar after initially dropping during the day on Monday. We have broken decidedly above the 1.26 level, and that being the case it’s likely that the market is ready to...

GBP/USD Forecast October 24, 2017, Technical Analysis

by FX Empire | October 24, 2017 6:54 am
The British pound rallied initially on Monday, but found enough resistance near the 1.3225 level to turn around and fall back towards the 1.3160 handle. Since then, we have stabilized a bit, and this essentially looks as...

EUR/USD Forecast October 24, 2017, Technical Analysis

by FX Empire | October 24, 2017 6:52 am
The EUR/USD pair initially fell on Monday, bounced a bit towards the 1.1775 level, but then rolled over significantly to reach down towards the 1.1725 handle before slightly bouncing again. If we break down to a fresh,...

AUD/USD Forecast October 24, 2017, Technical Analysis

by FX Empire | October 24, 2017 6:51 am
The Australian dollar tried to rally during most of the session on Monday, but ran into a buzz saw of resistance near the 0.7850 level, and then pulled back to test the vinyl 0.78 handle. This is...

GBPAUD Descending Channel (Oct 24, 2017)

by Kate Curtis | October 24, 2017 2:44 am
GBPAUD has been trending lower, moving inside a descending channel on its 4-hour chart. Price is currently testing the resistance at 1.6900, still deciding whether to make a bounce or a break. A bounce could take it...

Why Bitcoin can pullback from $6100 – $6800?

by elliottwave-forecast.com | October 23, 2017 3:01 pm
Bitcoin continue it’s outstanding performance as it managed to breach the $6000 barrier this weekend, it currently up 200% from 07/16 low and with a total of 500% for this year. The rally from $1830 low is represented by 3 swings...