USD/CAD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:12 am
The US dollar initially tried to rally during the course of the session on Tuesday, but found enough resistance to turn things back around. At this point, we have been very bullish, and I think that it’s...

GBP/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:10 am
The GBP/USD pair did very little during the day on Tuesday, as we show quite a bit of choppiness now. Ultimately, this is a market that has quite a bit of support just below but ultimately we...

EUR/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:09 am
The EUR/USD pair initially tried to rally during the day on Tuesday but turned around to form a bit of a shooting star. This suggests that we are going to continue to go a little bit lower,...

AUD/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:08 am
The AUD/USD pair fell initially on Tuesday but we did have enough bullish pressure under need to continue the move higher. Because of this, I feel that it is only a matter of time before we reach...

EURJPY Range Support (Nov 09, 2016)

by Kate Curtis | November 9, 2016 4:05 am
The top of the range on EURJPY still held as a ceiling as risk aversion returned to the markets. Price is now making its way towards support at the 112.75 area and might even be poised for...

USDJPY Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:34 am
USDJPY remains in downtrend from 105.53. Further decline could be expected over the next several days, and next target would be at 100.50 area.

AUDUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:34 am
AUDUSD’s upward movement from 0.7557 had completed at 0.7778 already. Deeper decline could be expected in a couple of days, and next target would be at 0.7550 area.

GBPUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:33 am
GBPUSD is facing 1.2330 support, a breakdown below this level will indicate that the upward movement from 1.1946 had completed at 1.2557 already, then further decline to test 1.1946 previous low support could be seen. However, as...

EURUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:32 am
EURUSD remains in uptrend from 1.0851. Further rise could be expected over the next several days, and next target would be at 1.1300 area.

USD/JPY Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:46 am
The USD/JPY pair gapped higher at the open on Monday, as the FBI announced that they were not going to suggest charging Hillary Clinton after going through the 650,000 emails. Because of this, traders seem to be...