USD/CAD Forecast February 5, 2016, Technical Analysis
The USD/CAD pair broke down during the course of the day on Thursday, dipping all the way down to roughly the 1.36 handle. Because of this, we look very negative at one point but by the end...
Author: FX Empire
GBP/USD Forecast February 5, 2016, Technical Analysis
The GBP/USD pair had a volatile session on Thursday, but ultimately pull back a little bit to form a somewhat neutral candle. The momentum ran out, but that’s not a huge surprise considering that today is Nonfarm...
EUR/USD Forecast February 5, 2016, Technical Analysis
The EUR/USD pair broke higher during the course of the day on Thursday, as we have completely cleared the previous resistance barrier for the consolidation area. With that being the case, the market looks as if it...
AUD/USD Forecast February 5, 2016, Technical Analysis
The AUD/USD pair rallied during the session on Thursday but pullback enough to form a bit of a shooting star. The shooting star sits right at the 0.72 handle, and of course the previous uptrend. Because of...
USD/JPY Forecast February 3, 2016, Technical Analysis
The USD/JPY pair fell significantly during the course of the session on Tuesday, as it appears we are trying to find significant support below. There is quite a bit of support at the 118.50 level, but quite...
USD/CAD Forecast February 3, 2016, Technical Analysis
The USD/CAD pair tried to rally during the course of the session on Tuesday, but turned back around to form a bit of a shooting star. That being the case, the market looks as if it is...
GBP/USD Forecast February 3, 2016, Technical Analysis
The GBP/USD pair initially fell during the day on Tuesday, but turned back around to form a bit of a hammer. The hammer is suggesting that the market is going to try to reach above the 1.45...
EUR/USD Forecast February 3, 2016, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Tuesday, as we struggled above the 1.09 region. Because of this, looks like we may pullback and continue the overall consolidation that we’ve...
AUD/USD Forecast February 3, 2016, Technical Analysis
The AUD/USD pair fell during the day on Tuesday, as it looks like we are starting to roll over a little bit. Because of this, we are sellers on a break down below the bottom of the...
USD/JPY Forecast February 1, 2016, Technical Analysis
The USD/JPY pair broke higher during the course of the day on Friday as we continue to see quite a bit of volatility due to the fact that the Bank of Japan is suggesting that quantitative easing...