GBP/USD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:54 am
The GBP/USD pair initially tried to rally during the course of the day on Friday but turned right back around yet again. This market looks like it is ready to start drifting lower, but that’s the key...

EUR/USD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:53 am
The EUR/USD pair initially tried to rally during the course of the day on Friday, but gave back about half of the games in order to form a shooting star. As you can see, we are still...

AUD/USD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:52 am
The Australian dollar initially tried to rally during the Friday session but back and sold off rather significantly. The shooting star that formed on Wednesday money been your first hint that we were running the trouble but...

USD/JPY Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:19 am
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but turned back around to form a bit of a shooting star. The shooting star of course is a negative sign, but...

GBP/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:18 am
The USD/CAD pair initially tried to rally during the course of the session on Thursday and then turned right back around to form a negative candle. We are approaching the 1.30 level, and subsequently a nice trend...

GBP/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:18 am
The GBP/USD pair fell slightly during the course of the day on Thursday, breaking below the 1.30 level. However, there is quite a bit of support all the way down to the 1.28 level below, so with...

EUR/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:17 am
EUR/USD pair initially fell during the course of the session on Thursday, but turned around to form a hammer. The hammer of course suggesting that we are going to continue see bullish pressure. However, I don’t like...

AUD/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:16 am
The AUD/USD pair went back and forth during the course of the session on Thursday, but looks very supportive and therefore I feel it’s only a matter of time before the Australian dollar continues to grind its...

USD/JPY Forecast August 11, 2016, Technical Analysis

by FX Empire | August 11, 2016 6:31 am
The USD/JPY pair fell during the course of the session on Wednesday, but at this point in time I believe that there is quite a bit of a “floor” in this market near the 100 level. Because...

USD/CAD Forecast August 11, 2016, Technical Analysis

by FX Empire | August 11, 2016 6:30 am
The USD/CAD pair fell rather significantly during the course of the session on Wednesday, testing the 1.30 level. This is an area that offers quite a bit of support, so the fact that we bounced from there...