GBP/USD Forecast December 5, 2016, Technical Analysis
The GBP/USD pair broke higher during the day on Friday, as we start to approach the 1.27 level yet again. This is an area that I think will break, and once it does we will probably make...
Author: FX Empire
EUR/USD Forecast December 5, 2016, Technical Analysis
The EUR/USD pair fell slightly but then turned back around to form a hammer. The hammer of course is a bullish sign but I think that any rally at this point in time should be a nice...
AUD/USD Forecast December 5, 2016, Technical Analysis
The AUD/USD pair fell slightly during the session on Friday, but found enough support near the 0.74 level to bounce and test the 0.7450 level again. We found resistance there, as we have in the past, so...
USD/CAD Forecast December 2, 2016, Technical Analysis
The USD/CAD pair broke down during the day on Thursday as oil markets rallied yet again. Breaking the bottom of the hammer from the previous session of course is a very negative sign but I think there...
GBP/USD Forecast December 2, 2016, Technical Analysis
The GBP/USD pair rallied at the beginning of the session on Thursday, but turned around to form a shooting star. If we break down below here, I think that the market will simply continue the overall consolidation...
USD/JPY Forecast December 2, 2016, Technical Analysis
The USD/JPY pair fell slightly during the Thursday session, but turned around to form a bit of a hammer. The hammer of course is a bullish sign, and because of this we could continue to go higher...
AUD/USD Forecast December 2, 2016, Technical Analysis
AUD/USD went back and forth during the Thursday session, so having said that it’s likely that the market will continue to be volatile in general. Ultimately, this is a market that tends to be greatly influenced by...
GBP/USD Forecast November 30, 2016, Technical Analysis
The GBP/USD pair rallied at the open on Tuesday, testing the 1.25 handle. This is a market that continues to see a lot of volatility in this area, and as a result I think it can be...
USD/CAD Forecast November 30, 2016, Technical Analysis
The USD/CAD pair rallied on Tuesday, but found a bit of resistance at the 1.35 level above. Because of this, the market looks likely to continue to chop around in general, as we are trying to build...
USD/JPY Forecast November 30, 2016, Technical Analysis
The USD/JPY pair rallied during the day on Tuesday, breaking above the 112.50 level during the day. Ultimately, this is a market that will continue to try to go higher, but it’s likely that we need a...