USD/CAD Forecast October 3, 2016, Technical Analysis

by FX Empire | October 1, 2016 6:31 am
The USD/CAD pair went back and forth during the course of the day on Friday, but ultimately settled on a slightly negative candle. I believe at this point in time we are going to continue to bounce...

GBP/USD Forecast October 3, 2016, Technical Analysis

by FX Empire | October 1, 2016 6:30 am
The GBP/USD pair went back and forth during the course of the day on Friday, forming a fairly neutral but shooting star like candle. I believe that there is a significant amount of support below, extending all...

EUR/USD Forecast October 3, 2016, Technical Analysis

by FX Empire | October 1, 2016 6:29 am
The EUR/USD pair fell initially during the course of the session, turning back around to form a hammer as we bounced off of the 1.1150 level. The hammer that we formed suggested that we are ready to...

AUD/USD Forecast October 3, 2016, Technical Analysis

by FX Empire | October 1, 2016 6:28 am
The AUD/USD pair initially fell on Friday, but turned around to form a hammer like candle. This is a market that continues to bounce around in this general vicinity, and therefore I’m not exactly excited about trading...

USD/JPY Forecast September 30, 2016, Technical Analysis

by FX Empire | September 30, 2016 7:19 am
The USD/JPY pair rallied during the course of the day on Thursday, testing the 101.75 handle. There is a significant amount of noise just above though, so I feel sooner or later the sellers will probably return....

USD/CAD Forecast September 30, 2016, Technical Analysis

by FX Empire | September 30, 2016 7:18 am
After a major negative candle during the session on Wednesday, the USD/CAD pair bounced a bit as oil markets calmed down. Ultimately, oil markets are reacting to the possible OPEC output cut, and as a result there...

GBP/USD Forecast September 30, 2016, Technical Analysis

by FX Empire | September 30, 2016 7:18 am
The GBP/USD pair initially tried to rally during the course of the session on Thursday but then turned around to form a fairly negative candle. I do recognize that there is a bit of support just below,...

EUR/USD Forecast September 30, 2016, Technical Analysis

by FX Empire | September 30, 2016 7:17 am
The EUR/USD pair initially fell during the course of the day on Thursday, but then turned right back around to form a hammer. This coincides with the hammer from Wednesday, so at this point in time I...

AUD/USD Forecast September 30, 2016, Technical Analysis

by FX Empire | September 30, 2016 7:15 am
The AUD/USD pair had a fairly negative candle during the day as we continue to run into quite a bit of resistance near the 0.77 handle. With this being the case, I feel that the market is...

EURAUD Channel Break Correction (Sep 30, 2016)

by Kate Curtis | September 30, 2016 5:04 am
EURAUD was previously trading inside an ascending channel on its 4-hour time frame before breaking lower and showing that a reversal is due. Price has found support near the 1.4600 mark and has pulled up from its...