USD/CAD Forecast July 5, 2016, Technical Analysis

by FX Empire | July 5, 2016 6:08 am
The USD/CAD pair fell during the day on Monday, and fairly light trading. After all, the Americans were celebrating Independence Day, which of course ways upon liquidity. The amount of money coming out of the United States...

GBP/USD Forecast July 5, 2016, Technical Analysis

by FX Empire | July 5, 2016 6:07 am
The GBP/USD pair did very little on Monday, as the market continues to simply grind sideways. The British pound has been sold off drastically lately, and I do see the 1.35 level above as massively resistant, and...

EUR/USD Forecast July 5, 2016, Technical Analysis

by FX Empire | July 5, 2016 6:05 am
The EUR/USD pair initially fell during the day on Monday, but then turned back around to form a bit of a hammer. The hammer of course is a bullish sign but I also have the previous uptrend...

AUD/USD Forecast July 5, 2016, Technical Analysis

by FX Empire | July 5, 2016 6:04 am
The AUD/USD pair broke above the 0.75 level during the day on Monday, but we are still below the pressure that had formed a shooting star from the previous week. Because of this I believe that the...

EURUSD Broken Trend Line Pullback (July 05, 2016)

by Kate Curtis | July 5, 2016 3:53 am
EURUSD recently broke below a rising trend line on its daily time frame, signaling that the uptrend is over. Price dipped to a low of 1.0925 then showed signs of a pullback. Applying the Fib tool on...

GBP/USD Forecast July 4, 2016, Technical Analysis

by FX Empire | July 4, 2016 7:17 am
GBP/USD fell slightly during Friday, as we continue to see volatility. At this point in time, we are still within the previous consolidation area, so I don’t see much in the chart but if price can break down...

USD/JPY Forecast July 4, 2016, Technical Analysis

by FX Empire | July 4, 2016 7:16 am
The USD/JPY pair fell slightly during the course of the session on Friday, but quite frankly there is quite a bit of support just below. On top of that, you have to worry about whether or not...

AUD/USD Forecast July 4, 2016, Technical Analysis

by FX Empire | July 4, 2016 7:16 am
The AUD/USD  rose slightly during the Friday, testing the 0.75 level. However, price did not break above it and there is a shooting star from the previous week to worry about. With that in mind, I think we...

USD/CAD Forecast July 4, 2016, Technical Analysis

by FX Empire | July 4, 2016 7:15 am
The USD/CAD pair fell significantly during the day but gave back some of the losses before the day was done. At this point in time, it looks that we could drift a little lower but I’m not...

EUR/USD Forecast July 4, 2016, Technical Analysis

by FX Empire | July 4, 2016 7:14 am
EUR/USD  rallied slightly during session on Friday’s session, but found a little bit of trouble at the previous uptrend line as it offers resistance. With this being the case, market will more than likely form a correction...