EUR/USD Forecast June 29, 2015, Technical Analysis

by FX Empire | June 29, 2015 9:01 am
The EUR/USD pair went back and forth during the course of the day on Friday, essentially settling nothing. But the one thing that we did see was that the 1.11 level continues offer support, as does the...

AUD/USD Forecast June 29, 2015, Technical Analysis

by FX Empire | June 29, 2015 9:01 am
The AUD/USD pair fell during the course of the day on writing, but remains well within the consolidation area that we have been stuck in for some time. With that, we don’t really have a trade at...

USDCAD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:19 am
USDCAD is in downtrend from 1.2563. Further decline to test 1.1919 support could be expected, a breakdown below this level will signal resumption of the longer term downtrend from 1.2835, then next target would be at 1.1500...

USDJPY Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:19 am
USDJPY is in consolidation of the long term uptrend from 75.57 (Oct 31, 2011). Range trading between 120.00 and 125.85 would likely be seen over the next several weeks. As long as 120.00 support holds, one more...

AUDUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:18 am
AUDUSD remains in long term downtrend from 0.9504 (Jul 1, 2014 high), the sideways movement in the range between 0.7532 and 0.8162 is likely consolidation of the downtrend. Key resistance is at 0.8162, as long as this...

GBPUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:18 am
GBPUSD is in uptrend from 1.5170, the fall from 1.5929 is likely consolidation of the uptrend. Support is at 1.5550, as long as this level holds, the uptrend could be expected to continue and next target would...

EURUSD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:17 am
EURUSD moved sideways in a trading range between 1.0819 and 1.1467. As long as 1.0819 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0462, and further rise towards 1.3000 is still...

Chinese Stocks: “How to Think Like a Billionaire Investor”

by ForexCycle.com | June 26, 2015 7:48 am
By Elliott Wave International With China’s main Shanghai Composite index up almost 40% this year, and the tech-heavy Shenzhen Composite index up more than 90% YTD, are Chinese stocks in a bubble? It’s a legitimate question. You’ll...

China Stocks: Where Have They Been and Where are They Going?

by ForexCycle.com | June 26, 2015 7:47 am
Historians have aptly named the 20th century the “American Century.” THIS century, many experts agree, will belong to China. In Q1 of 2015 alone, the Shanghai Composite stock index gained 16%. And over the prior 12 months,...

USD/JPY Forecast June 26, 2015, Technical Analysis

by FX Empire | June 26, 2015 7:46 am
The USD/JPY pair went back and forth during the course of the session on Thursday, essentially forming a rather neutral candle. The 123.50 level seems to be a bit of an epicenter of the range, but we...