USD/CAD Forecast August 14, 2017, Technical Analysis

by FX Empire | August 12, 2017 7:19 am
The US dollar fell against the Canadian dollar on Friday, slicing through the 1.27 level again. The market is taking a bit of a break after several attempts to the upside, and I think that a pullback...

GBP/USD Forecast August 14, 2017, Technical Analysis

by FX Empire | August 12, 2017 7:18 am
The British pound went back and forth during the day on Friday, initially trying to break above the 1.30 level, but then found enough resistance to turn around yet again. Ultimately, I think that the market should...

EUR/USD Forecast August 14, 2017, Technical Analysis

by FX Empire | August 12, 2017 7:17 am
The EUR/USD pair initially dipped lower during the day on Friday, but then shot higher impulsively during the American session. It looks as if the market is trying to find its footing, and eventually should go looking...

AUD/USD Forecast August 14, 2017, Technical Analysis

by FX Empire | August 12, 2017 7:15 am
The Australian dollar has been very volatile during the Friday session, initially dipping to a fresh, new low, and then exploding to the upside. I think this market is trying to find some type of a longer-term...

USD/JPY Forecast August 11, 2017, Technical Analysis

by FX Empire | August 11, 2017 4:39 am
The USD/JPY pair broke down during the session on Thursday, slicing through what little bit of support we had seen at the 109.50 level. I believe that it’s only a matter of time before the sellers return...

USD/CAD Forecast August 11, 2017, Technical Analysis

by FX Empire | August 11, 2017 4:37 am
The US dollar initially tried to rally against the Canadian dollar, but then pulled back rather drastically. However, later in the day we are starting to see the market rally again, and it looks like we are...

GBP/USD Forecast August 11, 2017, Technical Analysis

by FX Empire | August 11, 2017 4:36 am
The GBP/USD pair initially fell on Thursday but found enough support near the 1.2950 level to bounce back towards the 1.30 handle. I think at this point in time, you’re probably best off sitting on the sidelines...

EUR/USD Forecast August 11, 2017, Technical Analysis

by FX Empire | August 11, 2017 4:34 am
The EUR/USD pair initially fell on Thursday, testing the 1.17 level. However, we have turned around significantly, and it looks as if this area could hold. If we can break above the 1.1775 level, the market should...

AUD/USD Forecast August 11, 2017, Technical Analysis

by FX Empire | August 11, 2017 4:33 am
The Australian dollar fell a bit during the day on Thursday, reaching down towards the 0.75 zero level underneath. We bounce from there, but I think overall, we are going to continue to see quite a bit...

EURGBP Countertrend Setup (Aug 11, 2017)

by Kate Curtis | August 11, 2017 2:44 am
EURGBP is still trending higher as it tests the top of the ascending channel resistance visible on the 4-hour time frame. Stochastic is moving up to signal that there’s still some bullish pressure left but the oscillator...