USD/JPY Forecast June 13, 2017, Technical Analysis

by FX Empire | June 13, 2017 3:49 am
The US dollar fell during the session on Monday, breaking below the 110 level rather early. We went sideways after that, but then try to break above that level. We found sellers again, and it now looks...

USD/CAD Forecast June 13, 2017, Technical Analysis

by FX Empire | June 13, 2017 3:47 am
The US dollar went back and forth with a general negative attitude during the day on Monday. We continue to see the Canadian dollar enjoy strength due to the stronger-than-expected employment figures last week, but ultimately, I...

GBP/USD Forecast June 13, 2017, Technical Analysis

by FX Empire | June 13, 2017 3:46 am
The British pound initially did very little at the open on Monday, but as the Europeans came back to work, you can see that we sliced through the 1.2750 level, and then broke down to the 1.2650...

EUR/USD Forecast June 13, 2017, Technical Analysis

by FX Empire | June 13, 2017 3:44 am
The EUR/USD pair initially rallied on Monday, as we reached towards the 1.1225 level. We did pull back to the 1.12 handle, an area that should offer a certain amount of psychological support. If we can bounce...

AUD/USD Forecast June 13, 2017, Technical Analysis

by FX Empire | June 13, 2017 3:43 am
The Australian dollar initially went sideways during the Monday trading hours, but eventually found buyers as the market started to reach towards the 0.7550 level above. That’s an area that will cause a little bit of resistance,...

EURGBP Range Breakout (June 13, 2017)

by Kate Curtis | June 13, 2017 3:31 am
EURGBP was previously trading inside a range with support around .8400 and resistance at .8800. Just recently, the pair broke past the resistance to signal that buyers are taking hold. Price closed back below the resistance in...

Nifty-NSE: Next Warning area for bulls

by elliottwave-forecast.com | June 12, 2017 1:13 pm
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12 months, Nifty lost 25% dropping from a...

GBP reaction after UK Election (GE2017)

by elliottwave-forecast.com | June 12, 2017 10:35 am
The pound sterling was headed for the biggest drop in a year after it emerged that the ruling Conservative Party has fallen short of a general majority after UK Election (GE 2017), just 10 days before the...

GBPJPY Channel Support (June 12, 2017)

by Kate Curtis | June 12, 2017 1:37 am
Guppy sold off sharply upon testing the channel resistance on its 4-hour time frame and is now hovering around support. A bearish flag pattern can be seen so a continuation of the move could lead to a...

10 Year Treasury Note (ZN) and SPX

by elliottwave-forecast.com | June 11, 2017 4:13 pm
Many traders around the World keep picking the top in Indices and fail to capitalise on the trend which is to the upside. Recently, we did an article to explain World Indices could see another huge peak around...