GBP/USD Forecast May 9, 2016, Technical Analysis
The GBP/USD pair initially tried to rally during the course of the day on Friday, but found the area above the 1.45 level as far too resistive to continue going higher. By doing so, looks as if...
Author: FX Empire
EUR/USD Forecast May 9, 2016, Technical Analysis
The EUR/USD pair initially tried to rally during the course of the session on Friday, but found the 1.15 level above to be far too resistive to continue the move higher. Once we got the disappointing jobs...
USD/JPY Forecast May 9, 2016, Technical Analysis
The USD/JPY pair fell a bit during the course of the session on Friday as we got fairly weak jobs numbers out of the United States. However, there is a significant amount of support just below, so...
USD/CAD Forecast May 9, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the day on Friday, but turned right back around to continue the bullish pressure. With this being the case, we are now ready to test the 1.30 level...
AUD/USD Forecast May 9, 2016, Technical Analysis
The AUD/USD pair initially fell during the course of the session on Friday, but turn right back around to form a hammer. Quite frankly, this is a market that has sold off rather drastically after the Reserve...
USD/JPY Forecast May 6, 2016, Technical Analysis
The USD/JPY pair went back and forth during the course of the day on Thursday, showing that we saw quite a bit of volatility. If we can break higher, the 108 level will be tested. I think...
USD/CAD Forecast May 6, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the day on Thursday, but turn right back around to form a bit of a hammer. We are approaching the 1.30 level, and what will be interesting today...
GBP/USD Forecast May 6, 2016, Technical Analysis
The GBP/USD pair broke down during the course of the day on Thursday, but still remains above the 1.44 level. That’s the area that we would have to break down in order for me to start selling...
EUR/USD Forecast May 6, 2016, Technical Analysis
The EUR/USD pair fell significantly during the course of the session on Thursday, as we broke down below the bottom of the shooting star from the previous day. However, there is a significant amount of support near...
AUD/USD Forecast May 6, 2016, Technical Analysis
The AUD/USD pair fell during the course of the session on Thursday, as we test the support down between the 0.75 level and the 0.74 handle. Ultimately, this is a market that will be very sensitive to...