GBP/USD Forecast November 2, 2017, Technical Analysis

by FX Empire | November 2, 2017 8:36 am
The GBP/USD pair dipped a little bit at the open on Wednesday, but then bounced enough to reach towards the 1.33 handle. We then pull back from there to reach the 1.3250 level underneath, which has been...

EUR/USD Forecast November 2, 2017, Technical Analysis

by FX Empire | November 2, 2017 8:35 am
The EUR/USD pair fell slightly during the session on Wednesday, as we look likely to roll over due to the recent selloff that we have seen due to a more dovish Mario Draghi than previously expected. Because...

AUD/USD Forecast November 2, 2017, Technical Analysis

by FX Empire | November 2, 2017 8:33 am
The Australian dollar rallied a bit during the day on Wednesday, breaking above the 24-hour exponential moving average. The 0.77 level above is offering resistance, and I think currently we are doing nothing more than consolidating. The...

USD/JPY Forecast November 1, 2017, Technical Analysis

by FX Empire | November 1, 2017 7:28 am
The US dollar rallied against the Japanese yen during the trading session on Tuesday, but found the 113.50 level to be too resistive to continue going higher. It looks as if we are going to roll over...

USD/CAD Forecast November 1, 2017, Technical Analysis

by FX Empire | November 1, 2017 7:26 am
The US dollar went sideways during the session on Tuesday, before shooting towards the 1.29 level. The market is in an uptrend, so I like buying dips as they appear. If we can break above the 1.29...

GBP/USD Forecast November 1, 2017, Technical Analysis

by FX Empire | November 1, 2017 7:24 am
The British pound went sideways initially during the day on Tuesday, but then shot much higher, reaching towards the 1.3250 level. If we can make a fresh, new high, there’s no reason to think that we won’t...

EUR/USD Forecast November 1, 2017, Technical Analysis

by FX Empire | November 1, 2017 7:22 am
The EUR/USD pair has chop around during the session on Tuesday as we continue to hover just above the 1.16 level. The market has recently broken through the neckline of the head and shoulders on the daily...

AUD/USD Forecast November 1, 2017, Technical Analysis

by FX Empire | November 1, 2017 7:21 am
The Australian dollar fell rather hard during the Tuesday session, but continues to find buyers near the 0.7650 region. Because of this, I think we are going to see a lot of noise in the market, especially...

USD/JPY Forecast October 31, 2017, Technical Analysis

by FX Empire | October 31, 2017 7:46 am
The US dollar fell slightly against the Japanese yen, reaching down towards the 113.50 level. The market looks very well supported in this region, but I think that the market is going to continue to be very...

USD/CAD Forecast October 31, 2017, Technical Analysis

by FX Empire | October 31, 2017 7:45 am
The US dollar continues to show signs of strength against the Canadian dollar, as we rallied slightly during the trading session on Monday. I believe that we will continue to go higher, but we are probably a...