GBP/USD Forecast January 27, 2017, Technical Analysis

by FX Empire | January 27, 2017 9:07 am
The GBP/USD pair initially tried to rally, but turned around to fall during the day. I believe that there is a massive amount of support at the 1.25 handle however, and thus I am willing to buy...

EUR/USD Forecast January 27, 2017, Technical Analysis

by FX Empire | January 27, 2017 9:06 am
The EUR/USD pair fell significantly on Thursday, as the 1.0750 level offered massive resistance. By breaking down like this, I believe that the market continues to go lower, perhaps reaching towards the 1.05 level underneath. A breakdown...

AUD/USD Forecast January 27, 2017, Technical Analysis

by FX Empire | January 27, 2017 9:05 am
The Australian dollar had a negative session on Thursday, reaching towards the 0.75 level. This is an area where I suspect we will see quite a bit of support, so a supportive candle is reason enough to...

GBPUSD Long-Term Uptrend Signal (Jan 27, 2017)

by Kate Curtis | January 27, 2017 4:43 am
GBPUSD seems to be tired from its dive, as the pair formed a reversal pattern on its longer-term charts. Price failed in its last two attempts to break below the 1.1975 area, creating a double bottom formation...

Inflation: Here’s What the Wrong-Way Bet Looks Like

by ForexCycle.com | January 27, 2017 1:17 am
By Elliott Wave International   Markets all around the world are at a critical juncture — you must see this free report now. This is the fifth year EWI has created their annual State of the Global...

USDCAD Daily Analysis – January 27, 2017

by ForexCycle.com | January 27, 2017 1:13 am
USDCAD remains in downtrend from 1.3387. Further decline would likely be seen after a minor consolidation and next target would be at 1.2900 area. Resistance is at 1.3230, as long as this level holds, the downtrend will...

USDJPY Daily Analysis – January 27, 2017

by ForexCycle.com | January 27, 2017 1:13 am
No changed in our view, USDJPY remains in downtrend from 118.60, as long as 115.62 resistance holds, the price action from 112.56 could be treated as consolidation of the downtrend. Further decline would likely be seen and...