GBP/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:51 am
The GBP/USD pair initially broke higher during the course of the day on Wednesday, but found enough resistance above the turn things back around and form a bit of a shooting star. The shooting star is of...

EUR/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:50 am
The EUR/USD pair broke higher during the course of the day on Wednesday after initially touching the support level just above the 1.10 handle that we had seen during Tuesday’s trading. With this, it appears that the...

AUD/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:48 am
The AUD/USD pair initially broke higher during the course of the session on Wednesday, but found enough resistance near the 0.74 level to turn things back around. With that being the case, the market ended up forming...

USD/JPY Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:27 am
The USD/JPY pair initially fell during the course of the session on Tuesday, but found support yet again and formed a nice-looking hammer. This hammer of course is a signal that we are going to continue to...

USD/CAD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:25 am
The USD/CAD pair initially tried to rally on Tuesday, but turned back around to form a shooting star. Because of this we feel that the market is going to pull back a little bit and look for...

GBP/USD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:25 am
The GBP/USD pair initially tried to rally during the day on Tuesday, but as you can see ran into quite a bit of trouble once we got to the 1.57 region. Because of this, it looks like...

EUR/USD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:22 am
The EUR/USD pair fell during the day on Tuesday, reaching down towards the 1.10 handle. This is an area that has been the middle of the larger consolidation area lately, and we feel that could offer a...

AUD/USD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:21 am
The AUD/USD pair broke down a little bit during the session on Tuesday, but quite frankly we have a lot of noise below us. At the end of the day though, we are most certainly in a...

USD/JPY Forecast August 17, 2015, Technical Analysis

by FX Empire | August 15, 2015 9:05 am
The USD/JPY pair fell during the course of the session on Friday, but turned back around to form a little bit of a hammer. Quite frankly, the market is looking to break out above the 125 handle,...

USD/CAD Forecast August 17, 2015, Technical Analysis

by FX Empire | August 15, 2015 9:04 am
The USD/CAD pair initially fell during the course of the session on Friday, but found enough buying pressure underneath to turn things back around and form a hammer. The hammer of course is a very bullish sign...