GBP/USD Forecast April 15, 2016, Technical Analysis

by FX Empire | April 15, 2016 8:52 am
The GBP/USD pair initially fell during the course of the day on Thursday, but turned back around to form a hammer. The hammer of course is a bullish sign, and with that being the case we could...

EUR/USD Forecast April 15, 2016, Technical Analysis

by FX Empire | April 15, 2016 8:51 am
The EUR/USD pair went back and forth during the course of the session on Thursday, forming a fairly neutral candle. It does look a bit like a market that is trying to find some type of support,...

AUD/USD Forecast April 15, 2016, Technical Analysis

by FX Empire | April 15, 2016 8:50 am
The AUD/USD pair rose during the course of the day on Thursday, as we continue to try to grind higher. The 0.80 level above is the target for the longer term as far as we can tell,...

USD/JPY Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:12 am
The USD/JPY pair rose during the course of the session on Wednesday, as we continue to reach towards the 110 level. The 110 level was previously massively supportive, so it should be massively resistive now. With this,...

USD/CAD Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:11 am
The USD/CAD pair rose slightly during the course of the session on Wednesday, but still seems to be hanging about the 1.28 handle. With this being the case, it’s very unlikely that the buyers can come in...

GBP/USD Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:10 am
The GBP/USD pair fell during the course of the day on Wednesday, showing that we are starting to roll over a little bit in this pair as we continue to make lower highs. With this being the...

EUR/USD Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:09 am
The EUR/USD pair fell rather hard during the course of the day on Wednesday, breaking below the 1.13 level. With this, looks as if the market will probably continue to try to grind lower for the short-term,...

AUD/USD Forecast April 14, 2016, Technical Analysis

by FX Empire | April 14, 2016 9:08 am
The AUD/USD pair fell slightly during the course of the day on Wednesday, but at this point in time it looks like we continue to grind higher over the longer term. Any pullback at this point in...

GBPNZD Downtrend Pullback (Apr 14, 2016)

by Kate Curtis | April 14, 2016 4:51 am
GBPNZD has been trending lower on its 1-hour time frame, with a descending trend line connecting the latest highs of price action. The pair bounced off the 2.1000 major psychological mark and might be due for a...

USDCAD Countertrend Setup (Apr 13, 2016)

by Kate Curtis | April 13, 2016 2:18 am
USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. Price is now making its way close to the channel support near the 1.2700-1.2750 and might be due for a bounce. ...