GBP/USD Forecast July 7, 2016, Technical Analysis
The GBP/USD pair fell slightly during the course of the session on Wednesday, but turned right back around to form a bit of a hammer. If we can break above the top of the hammer, and more...
Author: FX Empire
EUR/USD Forecast July 7, 2016, Technical Analysis
The EUR/USD pair initially fell during the course of the session on Wednesday, but turn right back around and form a hammer. The hammer of course is a bullish sign and we could very well could reach...
AUD/USD Forecast July 7, 2016, Technical Analysis
The AUD/USD pair initially fell during the course of the day on Wednesday but turn right back around to break above the 0.75 level. With this, I do believe that the Australian dollar will more than likely...
USD/JPY Forecast July 6, 2016, Technical Analysis
The USD/JPY pair had a negative session during the day on Tuesday, but at this point in time I am very hesitant to short this market. The main reason for that is the Bank of Japan has...
USD/CAD Forecast July 6, 2016, Technical Analysis
The USD/CAD pair rose during the day on Tuesday, reaching towards the 1.30 level. Ultimately, this is a market that should continue to be very volatile, but on top of that highly influenced by the oil markets....
GBP/USD Forecast July 6, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Tuesday, breaking down to a fresh, new low. Because of this, I believe that the market should continue to go lower but I also recognize that...
EUR/USD Forecast July 6, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the course of the day on Tuesday but found the previous uptrend line as resistive, and as a result we turn right back around to form a fairly negative...
AUD/USD Forecast July 6, 2016, Technical Analysis
The AUD/USD pair fell a bit during the course of the day on Tuesday as traders returned from the Independence Day holiday in America. The 0.76 level appears to be offering quite a bit of resistance, so...
USD/JPY Forecast July 5, 2016, Technical Analysis
The USD/JPY pair did very little during the course of the day on Monday, and as a result I am simply standing on the sidelines when it comes to the Japanese yen. On top of that, we...
USD/CAD Forecast July 5, 2016, Technical Analysis
The USD/CAD pair fell during the day on Monday, and fairly light trading. After all, the Americans were celebrating Independence Day, which of course ways upon liquidity. The amount of money coming out of the United States...