USD/CAD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 6:00 am
  The US dollar rallied significantly during the trading session on Wednesday, and Thursday of course has been more of the same. However, we are starting to roll over slightly, so I think we are going to...

GBP/USD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 5:59 am
  During the trading session on Thursday, we initially fell to the 1.3333 level, but then bounced rather significantly from this massive area of importance, especially due to not only structural support, but the agreement on the...

EUR/USD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 5:58 am
  The EUR/USD pair went back and forth during the trading session on Thursday, bouncing around the 1.18 level. At this point, I suspect that the market is going to try to form some type of base,...

AUD/USD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 5:57 am
  This pair could be interesting, because if the US dollar strengthens due to strong jobs reporting, we could see this market break down below the 0.75 handle, which I see as massive support. A breakdown below...

EURJPY Channel Support (Dec 07, 2017)

by Kate Curtis | December 7, 2017 5:29 am
EURJPY is still trading inside its shallow descending channel visible on the 4-hour time frame and is making its way back down to support at 131.50. A bounce from this area could take it back up to...

Sterling Volatility In Crucial Week of Brexit Talk

by elliottwave-forecast.com | December 6, 2017 1:24 pm
Sterling fell versus the dollar earlier this week as Brexit talk between the UK and EU falter at the last minute. British Prime Minister Theresa May is on the race to break the deadlock on the issue of...

Nasdaq Elliott Wave Analysis 12.6.2017

by elliottwave-forecast.com | December 6, 2017 12:14 pm
Nasdaq Intraday Elliott Wave view suggests that Intermediate wave (3) ended with the rally to 6429.5. Intermediate wave (4) pullback remains in progress to correct cycle from 8/21 low (5753.6) in 3, 7, or 11 swing before...

USD/JPY Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 9:00 am
  The US dollar rallied against the Japanese yen was perhaps in reaction to the US Congress looking likely to pass tax reform. That of course will be good for the United States economy, and of course...

GBP/USD Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 8:56 am
  The British pound continues to be very volatile, dropping after Teresa May said that there was no agreement between the UK and the EU yet. However, she remained upbeat, and eventually they will make some type...