EURCAD Triangle Resistance (Sep 20, 2017)

by Kate Curtis | September 20, 2017 3:45 am
EURCAD is forming a descending triangle on its 4-hour chart and could be due for a test of the top. This lines up with the 61.8% Fibonacci retracement level near the 1.4850 minor psychological mark and a...

NZDUSD Elliott Wave View: More Upside

by elliottwave-forecast.com | September 19, 2017 11:08 am
NZDUSD Short Term Elliott Wave view suggests that the Index shows a 5 swing sequence from 8/31 low favoring further upside.  Rally from 8/31 low (0.7128) is unfolding as a double three Elliott Wave structure. Up from 0.7128, Minute...

USD/JPY Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:32 am
The US dollar gapped higher against the Japanese yen at the open on Monday, and then reached to a fresh, new highs. The market looks likely to see this market reaching towards the 114.50 level, now that...

USD/CAD Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:31 am
The US dollar rallied a bit during the day on Monday against the Canadian dollar, reaching towards the 1.2250 level. It looks as if we continue to show bullish pressure, but I think that there is more...

GBP/USD Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:30 am
The GBP/USD pair fell after initially trying to rally on Monday. It looks as if we are bit overextended, and we have filled the gap on longer-term charts. I think a pullback is necessary, and quite frankly...

EUR/USD Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:29 am
The EUR/USD pair gapped lower at the open on Monday, but then turned around to rally a bit. We are currently consolidating around the 1.1950 level, and that this market should continue to be difficult to trade...

AUD/USD Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:28 am
The Australian dollar initially tried to rally during the day on Monday, but gold markets have rolled over enough to put serious pressure on the Aussie. However, I do see support just below so I think that...

USDCAD Downtrend Pullback (Sep 19, 2017)

by Kate Curtis | September 19, 2017 4:49 am
USDCAD continues to trend lower but seems to be in a correction from its current selloff. Applying the Fibonacci retracement tool shows that the the 50% level lines up with the trend line resistance and the 1.2400...

AECOM Resuming the Rally Toward $50

by elliottwave-forecast.com | September 18, 2017 3:05 pm
AECOM (NYSE:ACM) provides planning, consulting, architectural and engineering design and program and construction management services for a range of projects including highways, airports, bridges, mass transit systems, to government and commercial clients. The company had US$17.4 billion of...

CADJPY Elliott Wave Sequence still bullish

by elliottwave-forecast.com | September 18, 2017 2:31 pm
CADJPY Elliott Wave Sequence is bullish and incomplete to the upside due to which we have been telling clients not to sell the pair and use the dips as an opportunity to get long for higher prices. Our Live Trading...