AUD/USD Forecast November 14, 2016, Technical Analysis

by FX Empire | November 13, 2016 5:47 am
The AUD/USD pair had a negative candle form for the session on Friday, reaching towards the 0.75 level. That is an area that has been important more than once, and the uptrend line of course continues to...

USD/JPY Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:06 am
The USD/JPY pair initially fell during the day on Thursday, but found the 105 level to be supportive enough to turn things around and cause a significant bounce. We are now looking at trying to break out...

USD/CAD Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:05 am
The USD/CAD pair tried to rally during the course of the week, reaching towards the 1.35 level above. That is an area that has been resistance, and at this point in time I think that we may...

GBP/USD Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:05 am
The GBP/USD pair broke higher during the day on Thursday, clearing the 1.25 level. If we can break above the top of the shooting star from the Wednesday session, this market could easily reach towards the 1.2850...

EUR/USD Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:04 am
The EUR/USD pair initially rallied at the open on Thursday, but then continued the bearishness that we have seen. It looks as if we are pressing against the 1.0850 level below, and we could continue to go...

AUD/USD Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:03 am
The AUD/USD pair initially rallied on Thursday, but continues to find the 0.7750 level above massively resistive. Because of this, we did up falling rather significantly and now it looks like we are going to continue to...

GBPJPY Descending Channel (Nov 11, 2016)

by Kate Curtis | November 11, 2016 5:30 am
GBPJPY has staged a strong rally recently but is currently hitting the ceiling at the top of its descending channel pattern visible on the 4-hour chart. If this area keeps gains in check, price could head back...

USDCAD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:05 am
USDCAD continued its upward movement from 1.3005, and the rise extended to as high as 1.3525. Further rise could be expected over the next several days, and next target would be at 1.3600 area. Key support is...

USDJPY Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:04 am
USDJPY’s upward movement from 101.18 extended to as high as 106.94. Further rise could be expected after a minor consolidation, and next target would be at 108.00 area. Near term support is at 104.90, as long as...

AUDUSD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:04 am
AUDUSD is facing 0.7557 support, a breakdown below this level will confirm that the uptrend from 0.7506 had completed at 0.7778 already, then the following downward movement could bring price to 0.7000 area.