USD/CAD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:06 am
The USD/CAD pair broke higher during the course of the session on Tuesday, breaking above the 1.32 level again. Ultimately, I feel that this market is going to continue to trade to grind higher, and with that...

GBP/USD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:05 am
The GBP/USD pair fell significantly during the day on Tuesday, as we continue to reach towards the 1.20 level. The initial flash crash support should give way given enough time though, so any type of rally at...

EUR/USD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:03 am
The EUR/USD pair broke down significantly during the course of the session on Tuesday, slicing through the bottom of the support at the 1.11 level and now looks like it’s ready to reach towards the 1.10 level...

AUD/USD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:02 am
The AUD/USD pair broke down below the bottom of the shooting star from the Monday session during the Tuesday trading hours. It looks as if we are going to reach down to the 0.75 level below, and...

USD/JPY Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:56 am
The USD/JPY pair initially fell during the day on Monday, but then turned around to reach towards the 103.75 region. I do believe that eventually we will continue to go higher, and perhaps reach towards the 105...

USD/CAD Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:55 am
The USD/CAD pair initially tried to rally during the day on Monday, but then fell rather significantly as Vladimir Putin suggested that Russia may cut back production of petroleum going forward to help OPEC. However, we still...

GBP/USD Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:54 am
The GBP/USD pair did very little during the day on Monday as we continue to simply meander just below the 1.24 level. Ultimately, I believe that this market will have to make some type of move, but...

EUR/USD Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:53 am
The EUR/USD pair fell significantly during the course of the session on Monday, crashing into the 1.1150 level. I believe that there is a significant amount of support just below there, so it is going to take...

AUD/USD Forecast October 11, 2016, Technical Analysis

by FX Empire | October 11, 2016 5:52 am
The AUD/USD pair went back and forth on Monday, showing quite a bit of volatility as the market really doesn’t have much in the way of directionality at this point. I do think that eventually we have...

USD/JPY Forecast October 10, 2016, Technical Analysis

by FX Empire | October 8, 2016 7:09 am
The USD/JPY pair fell during the course of the day on Friday, forming a somewhat negative candle. I believe that the market will continue to go higher though, so at this point in time I look for...