EUR/USD Forecast April 5, 2016, Technical Analysis
The EUR/USD pair initially fell during Monday, but found a bit of support below to bounce and form a hammer. The hammer of course is a bullish sign, and with this we look at this pair as...
Author: FX Empire
AUD/USD Forecast April 5, 2016, Technical Analysis
The AUD/USD pair fell slightly during the day on Monday, but essentially did nothing. Keep in mind that we have an interest rate decision coming out of the Reserve Bank of Australia today, and that of course...
GBP/USD Forecast April 4, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Friday, as the nonfarm payroll numbers came out. Nonetheless, we are most certainly in a range anyways, with the 1.45 level above being the ceiling while...
USD/JPY Forecast April 4, 2016, Technical Analysis
The USD/JPY pair fell during the course of the session on Friday, breaking below the bottom of the 2 hammers from the previous sessions. Because of this, looks like we are to suddenly going to consolidate in...
EUR/USD Forecast April 4, 2016, Technical Analysis
The EUR/USD pair went back and forth during the day on Friday, eventually settling on a fairly neutral candle. We could pull back from here, but the pullback should only end up being a buying opportunity as...
USD/CAD Forecast April 4, 2016, Technical Analysis
The USD/CAD pair initially rose during the course of the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star completely contradicts the hammer that we formed during...
AUD/USD Forecast April 4, 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 bit of a hammer. This was preceded by a couple of shooting stars though, so it...
USD/JPY Forecast April 1, 2016, Technical Analysis
The USD/JPY pair went back and forth during the course of the session on Thursday, forming a hammer yet again. We formed on Wednesday another hammer, so it leads us to believe that we will probably bounce...
USD/CAD Forecast April 1, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the session on Thursday, but turned back around to form a nice-looking hammer for the session, which of course is very bullish. The 1.30 level is a major...
GBP/USD Forecast April 1, 2016, Technical Analysis
The GBP/USD pair initially tried to rally, but it did get back about half of the gains from the session on Thursday. With this, it looks as if the market is probably going to continue to bounce...