USD/CAD Forecast August 21, 2017, Technical Analysis

by FX Empire | August 19, 2017 8:06 am
The USD/CAD pair fell significantly during the day, struggling to find any type of stability. We have made a fresh, new low, so therefore looks as if we are going to continue to sell off. I look...

GBP/USD Forecast August 21, 2017, Technical Analysis

by FX Empire | August 19, 2017 8:05 am
The British pound initially rally against the US dollar on Friday, but then pulled back into continue to try to build a bit of a base in this general vicinity. I think that we will probably see...

EUR/USD Forecast August 21, 2017, Technical Analysis

by FX Empire | August 19, 2017 8:03 am
The EUR/USD pair rallied slightly during the day, but Friday wasn’t exactly explosive. Currently, looks as if the market is trying to form a bit of a base at the 1.17 level, as the last couple of...

AUD/USD Forecast August 21, 2017, Technical Analysis

by FX Empire | August 19, 2017 8:01 am
The AUD/USD pair rallied during the day on Friday, slicing through the 0.79 level. This is a very bullish sign, and I think now that will continue to go much higher, perhaps reaching towards the 0.80 level...

Dow Futures Elliott Wave view 8.18.2017

by elliottwave-forecast.com | August 18, 2017 8:35 am
Short term Dow Futures (YM_F) Elliott wave view suggest that the rally to 8/08 peak 22177 ended the “Cycle” from Feb 11, 2016 low. The decline from there is unfolding as an impulse suggesting the index could...

AUDUSD Rebounded From Trend Line Support

by ForexCycle.com | August 18, 2017 7:17 am
AUDUSD rebounded strongly to 0.7960 area after approaching the bullish trend line on its daily chart, suggesting that the pair remains in the uptrend from 0.7328 and the pullback from 0.8065 could be treated as consolidation of...

USD/JPY Forecast August 18, 2017, Technical Analysis

by FX Empire | August 18, 2017 5:14 am
The USD/JPY pair has been volatile during the last 24 hours, as we continue to dance around the 110 level. I think looking at the longer-term charts, it’s likely that the buyers are coming in to pick...

USD/CAD Forecast August 18, 2017, Technical Analysis

by FX Empire | August 18, 2017 5:13 am
The USD/CAD pair fell during the session on Thursday, testing the 1.26 level underneath for support. A bounce from there should send the market higher, and so far we are seeing that happen. The market could then...

GBP/USD Forecast August 18, 2017, Technical Analysis

by FX Empire | August 18, 2017 5:12 am
The GBP/USD pair initially tried to rally during the trading session on Thursday, but then found enough resistance to retest the 1.2850 level for support again. We have bounce from there, but found sellers above yet again....

EUR/USD Forecast August 18, 2017, Technical Analysis

by FX Empire | August 18, 2017 5:11 am
The EUR/USD pair has fallen significantly during the trading session on Thursday, but as the Americans came back we bounced above the 1.17 level again. I think the given enough time, the buyers will probably return because...