EURUSD Daily Analysis – September 21, 2017

by ForexCycle.com | September 21, 2017 2:52 am
EURUSD is facing 1.1823 key support once again. A breakdown below this level could indicate that the uptrend from 1.0569 (Apr 10 low) had completed at 1.2092 already, then deeper decline towards 1.1662 could be seen. On...

TSG Bullish in the Weekly – Keep Buying the Dip

by elliottwave-forecast.com | September 20, 2017 3:06 pm
The Star Group Inc. NASDAQ:TSG is Bullish in the Weekly, the reason we recommend keep buying the dips for extension higher. Starting with the company’s profile. The Stars Group Inc. provides technology-based products and services to the...

AUDUSD Broke Below Trend Line Support At 0.7975

by ForexCycle.com | September 20, 2017 8:34 am
After failing in its two attempts to break above the resistance of the May 2015 high of 0.8162, AUDUSD pulled back from 0.8124 and broke below a major support trend line at 0.7975 on its daily chart,...

USD/JPY Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:52 am
The USD/JPY pair was slightly negative on Tuesday, as the market continues to be volatile, but as we wait for the results of the Federal Reserve meeting, it should be noted that this is going to be...

USD/CAD Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:50 am
The US dollar chop around against the Canadian dollar during the session on Tuesday, as we are testing the previous uptrend line from the weekly chart. We are underneath it, so I think that there should be...

GBP/USD Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:49 am
The British pound has been chopping around over the last 24 hours, as we have recently pressed against the 1.3650 level. That’s the area where we gapped lower after the Brexit vote, and of course offers a...

EUR/USD Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:48 am
The EUR/USD pair rallied on Tuesday, testing the 1.20 level. This is an area that should continue to offer a bit of resistance, but with the Federal Reserve looking likely to not be able to raise interest...

AUD/USD Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:47 am
The Australian dollar exploded to the upside during the day on Tuesday, breaking above the 0.80 level at one point. We turned around though, and I think that this level will continue to offer a significant amount...

EURCAD Triangle Resistance (Sep 20, 2017)

by Kate Curtis | September 20, 2017 3:45 am
EURCAD is forming a descending triangle on its 4-hour chart and could be due for a test of the top. This lines up with the 61.8% Fibonacci retracement level near the 1.4850 minor psychological mark and a...

USDCAD Daily Analysis – September 20, 2017

by ForexCycle.com | September 20, 2017 12:51 am
USDCAD stays above a rising trend line on its 4-hour chart and remains in a short term uptrend from 1.2061. Further rally is still possible and next target would be at the bearish trend line on the...