GBP/USD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:46 am
The British pound gapped higher against the US dollar at the open on Monday. We then fell almost immediately to fill that gap, and have since bounced from that level to reach the highs again. I believe...

EUR/USD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:44 am
The EUR/USD pair gapped higher at the open on Monday, but then pulled back to fill that gap almost immediately. Now that we have fill that gap and continue to go higher, I think that the market...

AUD/USD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:43 am
The AUD/USD pair gapped lower at the open on Monday, but then fill the gap and continue to go higher. However, I think the 0.80 level above offers a significant amount of resistance, and will take several...

USDCAD Daily Analysis – August 29, 2017

by ForexCycle.com | August 29, 2017 1:05 am
USDCAD extended its short term downtrend from 1.2778 to as low as 1.2444, facing the previous low support at 1.2413. A breakdown below this level could signal resumption of the downtrend from 1.3793 (May 5 high), then...

USDJPY Daily Analysis – August 29, 2017

by ForexCycle.com | August 29, 2017 1:04 am
After consolidation, USDJPY continued its downside movement from 114.49 and the fall extended to as low as 108.33. Further decline to test 108.13 (Apr 17 low) key support is still possible, a breakdown below this level could...

AUDUSD Daily Analysis – August 29, 2017

by ForexCycle.com | August 29, 2017 1:03 am
AUDUSD broke above 0.7962 resistance, indicating that the uptrend from 0.7807 has resumed. Further rise could be expected in a couple of days, and next target would be at 0.8030 area. Support is at 0.7866, only a...

GBPUSD Daily Analysis – August 29, 2017

by ForexCycle.com | August 29, 2017 1:02 am
GBPUSD is now in uptrend from 1.2774. Further rise is still possible and next target would be at 1.3000 area. Near term support is at 1.2870, only a breakdown below this level will indicate that correction for...

EURUSD Daily Analysis – August 29, 2017

by ForexCycle.com | August 29, 2017 1:02 am
EURUSD remains in the uptrend from 1.1662. Further rise could be expected in a couple of days and next target would be at 1.2165 area. Near term support is at 1.1900, as long as this level holds,...

Royal Gold Bullish Structure Calling Higher

by elliottwave-forecast.com | August 28, 2017 1:51 pm
Royal Gold (NASDAQ: RGLD) is one of the world’s leading precious metals royalty & stream companies, it’s engaged in the acquisition and management of gold, silver, copper, lead and zinc. The Company owns interests on 194 properties in...