EUR/USD Forecast August 22, 2017, Technical Analysis

by FX Empire | August 22, 2017 5:55 am
The EUR/USD currency pair initially fell on Monday, but found enough support near the 1.1730 level underneath to turn around and reach towards the 1.18 level above. A break above there should send this market looking towards...

AUD/USD Forecast August 22, 2017, Technical Analysis

by FX Empire | August 22, 2017 5:54 am
The Australian dollar initially fell on Monday, but found enough support just above the 0.79 level to shoot higher. Pay attention to gold, it tends to move in lockstep with this market, and it seems to be...

GBPNZD Range Setup (Aug 22, 2017)

by Kate Curtis | August 22, 2017 3:08 am
GBPNZD has recently bounced off the top of its range at the 1.7900 major psychological level and is making its way to the bottom at 1.7400. If this holds as support, another bounce back to the resistance...

USDCAD Daily Analysis – August 22, 2017

by ForexCycle.com | August 22, 2017 2:40 am
USDCAD stays below a bearish trend line on its 4-hour chart and remains in the downtrend from 1.2778. As long as the price is below the trend line, the downtrend could be expected to continue and next...

USDJPY Daily Analysis – August 22, 2017

by ForexCycle.com | August 22, 2017 2:39 am
USDJPY is in downtrend from 110.94, the bounce from 108.60 could be treated as consolidation of the downtrend. Resistance is at 109.59, as long as this level holds, the downtrend could be expected to continue and further...

AUDUSD Daily Analysis – August 22, 2017

by ForexCycle.com | August 22, 2017 2:37 am
AUDUSD is facing 0.7962 resistance. A break above this level could signal resumption of the uptrend from 0.7807, then further rise to test 0.8065 resistance could be seen. Support levels are at 0.7870 and 0.7807, only break...

GBPUSD Daily Analysis – August 22, 2017

by ForexCycle.com | August 22, 2017 2:36 am
GBPUSD broke above the top trend line of the price channel on its 4-hour chart and is now facing 1.2915 resistance. A break of this level will indicate that the downside movement from 1.3267 had completed at...

EURUSD Daily Analysis – August 22, 2017

by ForexCycle.com | August 22, 2017 2:35 am
EURUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 1.1909 had completed at 1.1662 already. Further rise to test 1.1909 resistance is possible, a break...

EURUSD Remains In Uptrend From 1.0569

by ForexCycle.com | August 21, 2017 10:43 am
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the pullback from 1.1909 could be treated as consolidation of...

USDCAD Daily Analysis – August 21, 2017

by ForexCycle.com | August 21, 2017 2:13 am
USDCAD is now in short term downtrend from 1.2778. Deeper decline to test 1.2413 support is possible in the coming days. A breakdown below this level will indicate that the downtrend from 1.3793 (May 5 high) has...