AUD/USD Forecast October 31, 2016, Technical Analysis
The AUD/USD pair went back and forth during the course of the day on Friday, eventually forming a bit of a hammer. The hammer of course is a very bullish sign, and a break above the top...
Author: FX Empire
USD/JPY Forecast October 28, 2016, Technical Analysis
The USD/JPY pair initially tried to fall during the day on Thursday, but then shot higher and broke above the 105 level. This is an area that I have been talking about being the “ceiling” in this...
USD/CAD Forecast October 28, 2016, Technical Analysis
The USD/CAD pair initially fell during the day on Thursday but found enough support below to turn the market back around and form a hammer yet again. With this, it looks as if we are going to...
GBP/USD Forecast October 28, 2016, Technical Analysis
The GBP/USD pair fell after initially trying to rally during the course of the day on Thursday. Ultimately, I believe there is quite a bit of support below, extending all the way down to the 1.20 level....
EUR/USD Forecast October 28, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Thursday, eventually forming a bit of a shooting star. It looks as if the market is ready to continue to go to the...
AUD/USD Forecast October 28, 2016, Technical Analysis
The AUD/USD pair broke down during the course of the day on Thursday, slicing through the bottom of the shooting star from Wednesday. Ultimately, this is a market that has plenty of support below, so it’s only...
USD/JPY Forecast October 27, 2016, Technical Analysis
The USD/JPY pair rallied during the course of the session on Wednesday, but the 105 level below continues offer a significant amount of resistance. If we can break above the 105 level, the market could very well...
USD/CAD Forecast October 27, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the session on Wednesday, but turned around to form a bit of a hammer. This is the third day in a row that we have seen a hammer,...
GBP/USD Forecast October 27, 2016, Technical Analysis
The GBP/USD pair rallied slightly during the day on Wednesday, as we continue to try to form some type of base in this area. Ultimately though, I believe that any rally will be sold off sooner or...
EUR/USD Forecast October 27, 2016, Technical Analysis
The EUR/USD pair rallied rather significantly during the day on Wednesday, touching the 1.0950 region. However, we gave up a lot of this gains in order to form a shooting star like candle, and that of course...