USD/CAD Forecast February 17, 2017, Technical Analysis
The USD/CAD pair fell a bit during the day on Thursday, testing the 1.30 level. That is an area that has offered quite a bit of support in the past, and it looks as if it is...
Month: February 2017
GBP/USD Forecast February 17, 2017, Technical Analysis
The British pound rallied during the day on Thursday, showing signs of strength again. However, the 1.25 level seems to be a bit of a fulcrum for action, so unsurprisingly we stalled a bit there. I think...
EUR/USD Forecast February 17, 2017, Technical Analysis
The EUR/USD pair rallied during the day on Thursday, breaking above the top of the hammer from the previous session, this of course is a very bullish sign. However, the 50-day exponential moving averages just above and...
AUD/USD Forecast February 17, 2017, Technical Analysis
AUD/USD had an interesting session during the Thursday trading hours, as we reached towards the 0.7750 level. We turned around to form and exhaustive candle, and as a result I think we will more than likely try...
Buy GBP/AUD @ 1.62294 By Signal Factory
Buy GBP/AUD @ 1.62294 By Signal Factory | SL:1.61894 | TP:1.63094 | 2017.02.17 07:03 GMT Provided by signalfactory.com
Sell AUD/JPY @ 87.323 By Signal Factory
Sell AUD/JPY @ 87.323 By Signal Factory | SL:87.723 | TP:86.523 | 2017.02.17 06:13 GMT Provided by signalfactory.com
Roses Are Red… and So’s Been EURUSD’s Trend
By Elliott Wave International Today, February 14, is Valentine’s Day. But instead of chocolate hearts and red roses, we’re going to give investors and traders the ultimate gift — namely, the gift of knowledge. According to mainstream...
EURAUD Downtrend Pullback (Feb 17, 2017)
EURAUD has been trending lower and has recently broken below support around the 1.3800-1.3850 area. Price has dipped to 1.3725 before showing signs of a correction, and applying the Fib tool on the swing high and low...
USDCAD Daily Analysis – February 17, 2017
USDCAD’s downward movement from 1.3211 extended to as low as 1.3009. Further decline to test 1.2968 support is possible in a couple of days. Resistance is at 1.3120, a break of this level will indicate that the...
USDJPY Daily Analysis – February 17, 2017
USDJPY failed to break above 115.62 resistance, indicating that the pair remains in downtrend from 118.66 (Dec 15, 2016 high), and the price action from 112.56 could be treated as consolidation of the downtrend. Further decline would...