GBP/USD Forecast August 29, 2016, Technical Analysis

by FX Empire | August 29, 2016 6:30 am
The GBP/USD pair initially tried to rally during the course of the day on Friday but turned right back around to form a shooting star. The shooting star sitting just below the 1.32 level suggests that we...

EUR/USD Forecast August 29, 2016, Technical Analysis

by FX Empire | August 29, 2016 6:29 am
The EUR/USD pair continues to show weakness and lofty levels. I believe that this market is going to continue to consolidate between the 1.12 level, and the 1.1350 level on the top. At this point in time,...

AUD/USD Forecast August 29, 2016, Technical Analysis

by FX Empire | August 29, 2016 6:28 am
The Australian dollar initially tried to rally during the course of the day on Friday, but turned right back around to form a very negative looking candle. We informed three shooting stars in a row on the...

USD/JPY Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 6:01 am
The USD/JPY pair initially fell during the course of the day on Thursday, but turned right back around to form a bit of a hammer. Because of the 100 level below, I believe that it’s only a...

USD/CAD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 6:00 am
The USD/CAD pair initially fell during the day on Thursday but turned right back around to form a bit of a hammer. The hammer of course is a very strong sign, and as a result we may...

GBP/USD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 5:59 am
The GBP/USD pair fell slightly during the course of the session on Thursday, and as you can see the sellers have jumped back in to take advantage of value found in the US dollars this point in...

EUR/USD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 5:59 am
EUR/USD rose during the course of the day but did pullback a little bit towards the end. I believe that we are going to continue to try to go higher, but it’s going to be very choppy....

AUD/USD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 5:58 am
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but failed and ended up turning around and forming a shooting star. This being the case, the market is very likely to...

USD/JPY Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:25 am
The USD/JPY pair initially fell during the day on Wednesday, but we turn right back around as the 100 level continues to offer support. This being the case, the market is paying attention to the fact that...

USD/CAD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:22 am
The USD/CAD pair went back and forth during the course of the day on Wednesday, ultimately forming a slightly positive candle. We are pressing up against the bottom of the previous uptrend line now, and of course...