USD/CAD Forecast July 22, 2016, Technical Analysis

by FX Empire | July 22, 2016 7:26 am
The US dollar initially fell against the Canadian dollar during the day on Thursday but turned around to form a bit of a hammer. The hammer suggests that we are going to go higher from here but...

GBP/USD Forecast July 22, 2016, Technical Analysis

by FX Empire | July 22, 2016 7:24 am
The GBP/USD pair went back and forth during the course of the day on Thursday, as we continue to bounce around. Anytime a bounce from here should run into a buzz all of resistance though, as the...

EUR/USD Forecast July 22, 2016, Technical Analysis

by FX Empire | July 22, 2016 7:22 am
The EUR/USD pair went back and forth during the course of the session on Thursday, as we continue to bounce around the 1.10 level. This is an area that has been very supportive recently, and of course...

AUD/USD Forecast July 22, 2016, Technical Analysis

by FX Empire | July 22, 2016 7:19 am
The AUD/USD pair initially rallied during the day on Thursday but turned back around to give up about half of the gains. Because of this, the market looks as if it is trying to break down but...

USD/JPY Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:43 am
The USD/JPY pair initially tried to fall during the course of the day on Wednesday but turned right back around to form a bullish candle. With this, the market looks as if it is ready to continue...

USD/CAD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:42 am
The USD/CAD pair initially rose during the course of the day but ended up turning around to form a shooting star. This coincides nicely with the oil markets falling and then bouncing. With this, the market looks...

GBP/USD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:29 am
The GBP/USD pair bounced slightly during the course of the session on Wednesday, as we continue to grind back and forth. Ultimately though, this is a market that seems to be very soft so therefore it’s likely...

EUR/USD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:25 am
The EUR/USD pair went back and forth during the course of the day on Wednesday, testing the 1.10 level. This is an area that has been the bottom of the recent consolidation area, so it makes sense...

AUD/USD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:20 am
The AUD/USD pair fell initially during the course of the session on Wednesday, falling but finding a little bit of support just below. With this, the market continues to look a little bit soft, but at this...

USD/JPY Forecast July 20, 2016, Technical Analysis

by FX Empire | July 20, 2016 6:54 am
The USD/JPY pair went back and forth during the course of the session on Tuesday, testing the 105 level as support. If we can break above the top of the neutral candle for the day on Tuesday,...