AUD/USD Forecast June 29, 2017, Technical Analysis

by FX Empire | June 29, 2017 6:14 am
The AUD/USD pair initially tried to rally on Wednesday, but found enough resistance near the 0.7625 handle to turn around and drop towards the 0.7580 level. We bounce from there again though, and then reached towards the...

EURGBP Short-Term Channel (Jun 29, 2017)

by Kate Curtis | June 29, 2017 4:59 am
EURGBP continues to trend higher after breaking past a major range resistance visible on its longer-term charts. On the 1-hour time frame, it can be seen that the pair is moving inside an ascending channel formation and...

EURJPY Elliott Wave Analysis Update 6.28.2017

by elliottwave-forecast.com | June 28, 2017 12:12 pm
Short term EURJPY Elliott Wave view suggests the decline to 122.35 on 6/15 low ended Intermediate wave (X). Rally from there is unfolding as an impulse Elliott Wave structure with extension where Minute wave ((i)) ended at 124.46...

EURNZD Area of Interest (Jun 28, 2017)

by Kate Curtis | June 28, 2017 6:08 am
EURNZD appears to be pulling up from its dive with the recent strong bounce, but this might represent a mere correction from the long-term slide. Applying the Fib tool on the latest swing high and low shows...

USD/JPY Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:20 am
The USD/JPY pair initially went sideways during the Tuesday session, dipped significantly to test the 111.50 level, and then broke above the 112 handle. That’s a very bullish sign and I believe that we are now free...

USD/CAD Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:18 am
The US dollar broke apart against the Canadian dollar rather significantly. Ultimately, this is a market that has broken below the 1.32 level, and that was an area that was offering a significant amount of support. I...

GBP/USD Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:17 am
The British pound initially went sideways during the day on Tuesday, and then broke higher, reaching towards the 1.2775 level. Above there, I think the 1.28 level offered resistance, so if we can break above there I...

EUR/USD Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:16 am
The EUR/USD pair had an extraordinarily bullish day on Monday, breaking above the 1.12 level handily, and reaching towards the 1.13 handle. The market should continue to go higher, and a break above the 1.1315 level is...

AUD/USD Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:14 am
The Australian dollar initially rally during the day on Tuesday but then found enough resistance near the 0.7625 handle to turn around and drop significantly. However, as I record this market for the Wednesday session, I can...

Hang Seng: Incomplete Elliott Wave Sequence

by elliottwave-forecast.com | June 27, 2017 1:01 pm
Hello fellow traders. In this technical blog we’re going to present the past Elliott Wave charts of Hang Seng ( $HSI-HKG ) .  As our members know, we were pointing out that Hang Seng is having incomplete bullish...