USD/CAD Forecast August 11, 2016, Technical Analysis

by FX Empire | August 11, 2016 6:30 am
The USD/CAD pair fell rather significantly during the course of the session on Wednesday, testing the 1.30 level. This is an area that offers quite a bit of support, so the fact that we bounced from there...

GBP/USD Forecast August 11, 2016, Technical Analysis

by FX Empire | August 11, 2016 6:29 am
The GBP/USD pair initially tried to rally during the course of the day on Wednesday, but turned around to form a bit of a shooting star. The shooting star of course is a very negative sign, and...

EUR/USD Forecast August 11, 2016, Technical Analysis

by FX Empire | August 11, 2016 6:28 am
The EUR/USD pair is rallying yet again, as we continue to go back and forth. Having said that though, I still think that there’s a lot of noise above that could cause resistance. With this, it’s likely...

AUD/USD Forecast August 11, 2016, Technical Analysis

by FX Empire | August 11, 2016 6:27 am
The AUD/USD pair took out during the course of the session on Wednesday, clearing the 0.7675 level. With this being the case, the market should continue to go much higher and if gold markets continue to push...

USDCAD Reversal Pattern (Aug 11, 2016)

by Kate Curtis | August 11, 2016 3:38 am
USDCAD seems to be tired from its uptrend, as a reversal pattern can be seen on its 4-hour time frame. Price is forming a head and shoulders formation and is gearing up to test the neckline at...

USD/JPY Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:21 am
The USD/JPY pair initially tried to rally during the day but then turned right back around form a bit of a slightly negative candle. However, I believe that there is more than enough support below to continue...

USD/CAD Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:21 am
The USD/CAD pair initially tried to rally during the course of the day on Tuesday, but fell significantly from there. There is still a significant uptrend line just below though, and as a result I feel that...

GBP/USD Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:20 am
The GBP/USD pair fell during the course of the day on Tuesday, but found enough support underneath the 1.30 level to turn things around and form a bit of a hammer like candle. There is a massive...

EUR/USD Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:19 am
The EUR/USD pair initially tried to fall during the day on Tuesday but found enough support to turn things back around and form a slightly positive candle. However, this is a market for me that is very...

AUD/USD Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:18 am
The AUD/USD pair fell initially during the course of the session on Tuesday, but turned back around to form a hammer as we press up against the massive resistance at the 0.7675 level. With this being the...