EUR/USD Forecast June 15, 2015, Technical Analysis

by FX Empire | June 13, 2015 11:35 am
The EUR/USD pair initially fell during the course of the session on Friday, but just as we saw on both Thursday and Tuesday, the buyers stepped back into the marketplace and pushed the Euro higher. The market...

AUD/USD Forecast June 15, 2015, Technical Analysis

by FX Empire | June 13, 2015 11:34 am
The AUD/USD pair fell during the course of the session on Friday, but found enough support below the 0.77 level to turn things back around and form a hammer, just as we did on Thursday. With that,...

USD/JPY Forecast June 12, 2015, Technical Analysis

by FX Empire | June 12, 2015 5:32 am
The USD/JPY pair initially rallied during the course of the session on Thursday, but fell backwards a little bit to form something along the lines of a shooting star. With that, the market looks like it is...

USD/CAD Forecast June 12, 2015, Technical Analysis

by FX Empire | June 12, 2015 5:31 am
The USD/CAD pair initially rallied during the session on Thursday, but found the area above to be a bit too resistive, and therefore formed a shooting star. However, we see a bit of support below to keep...

GBP/USD Forecast June 12, 2015, Technical Analysis

by FX Empire | June 12, 2015 5:30 am
The GBP/USD pair initially fell during the course of the day on Thursday, testing the 1.54 level for support. It did in fact find a down there, and now we are looking at a hammer for the...

EUR/USD Forecast June 12, 2015, Technical Analysis

by FX Empire | June 12, 2015 5:30 am
The EUR/USD pair initially fell during the session on Thursday, but found enough support to turn things back around and form a hammer. We continue to go back and forth between the 1.14 level on the top,...

AUD/USD Forecast June 12, 2015, Technical Analysis

by FX Empire | June 12, 2015 5:29 am
The AUD/USD pair initially fell during the course of the session on Thursday, but bounced enough in order to form a bit of a hammer. Because of this, it looks like the Australian dollar is getting ready...

The Fed’s Gift of Free Money: Return to Sender

by ForexCycle.com | June 12, 2015 5:12 am
By Elliott Wave International On June 2, the postman rang once — and, boy, did he ring. That day, the Wall Street Journal published a strongly worded letter titled, “Grand Central: A Letter to Stingy American Consumers,”...

(Interview) Have YOU Heard of the 30-Year Commodity Cycle?

by ForexCycle.com | June 12, 2015 5:10 am
By Elliott Wave International Where are commodity prices headed? Get some answers from Elliott Wave International’s Commodity Junctures editor, Jeffrey Kennedy — and learn about the “30-year cycle.” And for a detailed forecast, watch Kennedy’s new, free...

GBPUSD Testing 1.5500 Again (June 11, 2015)

by Kate Curtis | June 11, 2015 6:54 am
GBPUSD is currently stalling at the 1.5500 area of interest once more, which has held as resistance then support in the past. This lines up with the 50% Fibonacci retracement level on the latest swing high and...