AUD/USD Forecast March 8, 2016, Technical Analysis

by FX Empire | March 8, 2016 8:26 am
The AUD/USD pair continued to break higher during the course of the day on Monday, testing the 0.75 level. If we can break above there, we should continue to go much higher, but quite frankly we are...

EURGBP Major Correction (Mar 08, 2016)

by Kate Curtis | March 8, 2016 5:26 am
EURGBP has been rallying for the past few weeks but it looks like a large correction is underway. Price found resistance around the .7900 mark and is showing signs of a pullback to the area of interest...

EURJPY Uptrend Confirmation (Mar 7, 2016)

by Kate Curtis | March 7, 2016 7:53 am
EURJPY recently formed a reversal pattern on its 1-hour time frame, signaling that an uptrend might take place. Price just broke above the double bottom neckline at 125.00, confirming that further gains are in the cards. The...

Last chance: Stop everything and do this now …

by ForexCycle.com | March 6, 2016 8:00 am
We emailed you a few days ago about this, but I want to follow up today because your window of opportunity is closing even faster than I expected. If you want to snag — while it’s still...

A Disturbing Global Shift Toward Financial Conservatism

by ForexCycle.com | March 6, 2016 7:59 am
By Elliott Wave International Editor’s note: The following article was adapted from the just-published State of the Global Markets Report–2016 Edition, one of our most anticipated annual reports for technically minded investors and analysts around the world....

USDCAD Weekly Analysis – March 6, 2016

by ForexCycle.com | March 6, 2016 7:57 am
USDCAD continued its downward movement from 1.4689, and the fall extended to as low as 1.3312. Further decline is still possible in a couple weeks, and next target would be at 1.3000 area. Resistance is at 1.3600,...

USDJPY Weekly Analysis – March 6, 2016

by ForexCycle.com | March 6, 2016 7:56 am
USDJPY moved sideways in a trading range between 110.97 and 114.87. The price action in the range is likely consolidation of the downtrend from 123.75. Resistance is at 116.00, as long as this level holds, the downtrend...

AUDUSD Weekly Analysis – March 6, 2016

by ForexCycle.com | March 6, 2016 7:55 am
AUDUSD broke above 0.7439 resistance, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) had completed at 0.6826 already. Further rise could be expected, and next target would be at 0.8000 area. Support is...

GBPUSD Weekly Analysis – March 6, 2016

by ForexCycle.com | March 6, 2016 7:55 am
GBPUSD remains in downtrend from 1.5929 (Jun 18, 2015 high), the rise from 1.3835 is likely consolidation of the downtrend. Resistance is at 1.4668, as long as this level holds, the downtrend could be expected to continue,...

EURUSD Weekly Analysis – March 6, 2016

by ForexCycle.com | March 6, 2016 7:54 am
EURUSD remains in uptrend from 1.0517, the fall from 1.1376 could be treated as correction of the uptrend. Further rise is possible over the next several weeks, and next target would be at 1.2000 area. Support is...