USD/JPY Forecast September 21, 2017, Technical Analysis

by FX Empire | September 21, 2017 9:51 am
The US dollar fell slightly during the session on Wednesday initially, but started to stable out as the Federal Reserve came back into focus. Longer-term, the Federal Reserve looks likely to stay on the sidelines a bit...

USD/CAD Forecast September 21, 2017, Technical Analysis

by FX Empire | September 21, 2017 9:50 am
The US dollar drifted a bit lower during the trading session on Wednesday against the Canadian dollar as the weekly trendline that had been broken recently has offered resistance. Overall, this could be a nice pullback that...

GBP/USD Forecast September 21, 2017, Technical Analysis

by FX Empire | September 21, 2017 9:49 am
The British pound drift in a bit higher during the session on Wednesday, as the 1.3650 level has held as support. This is an area that is stabilized as resistance from a previous gap, that formed after...

EUR/USD Forecast September 21, 2017, Technical Analysis

by FX Empire | September 21, 2017 9:48 am
The EUR/USD pair has gone sideways around the 1.20 level during the session on Wednesday as we continue to look bullish overall. There is a lot of noise in this area, and of course resistance due to...

AUD/USD Forecast September 21, 2017, Technical Analysis

by FX Empire | September 21, 2017 9:46 am
The Australian dollar exploded to the upside on Wednesday, using the 0.80 level as a springboard. Now that we’ve clear that level and more importantly, are testing recent highs, it’s likely that we will continue to see...

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...