USD/JPY Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:30 am
The USD/JPY pair broke higher during the day on Thursday, clearing the 112.50 level. A break above the top of the candle for the session well send this market looking towards the 115 handle. Pullbacks should continue...

USD/CAD Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:29 am
The US dollar went back and forth against the Canadian dollar during the Thursday session, testing the 1.31 level for support in finding it. I believe that if we can break above the top of the range...

GBP/USD Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:27 am
The British pound went back and forth during the day on Thursday, showing signs of volatility. It looks as the 1.25 level will continue to be supportive, so a break above the top of the candle should...

EUR/USD Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:26 am
The EUR/USD pair fell during the day on Thursday, breaking below the 50-day exponential moving average. If we can break below the hammer from the Wednesday session, I believe that the EUR/USD pair will continue to drop...

AUD/USD Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:25 am
The AUD/USD pair went back and forth on Thursday, showing signs of confusion. I think there is more than enough support below at the 0.76 level to keep the market going higher, and eventually reaching towards the...

USD/JPY Forecast February 9, 2017, Technical Analysis

by FX Empire | February 9, 2017 8:01 am
The USD/JPY pair found the 112.50 level to be resistive enough to keep the market down again during the day on Wednesday. A break above that level should send this market reaching towards the 113.50 level, and...

USD/CAD Forecast February 9, 2017, Technical Analysis

by FX Empire | February 9, 2017 8:00 am
The US dollar fell a bit against the Canadian dollar, but still has a significant amount of support just below current trading levels. Because of this, I believe that it is only a matter of time before...

GBP/USD Forecast February 9, 2017, Technical Analysis

by FX Empire | February 9, 2017 7:59 am
The GBP/USD pair fell initially during the day on Wednesday, but turned around and found quite a bit of support near the 1.25 handle. Because of this, the market looks as if it is going to continue...

EUR/USD Forecast February 9, 2017, Technical Analysis

by FX Empire | February 9, 2017 7:57 am
The EUR/USD pair fell during the session on Wednesday, but found enough support underneath to form a hammer. It looks as if the pair is going to consolidate between the 50-day exponential moving average and the 100-day...

AUD/USD Forecast February 9, 2017, Technical Analysis

by FX Empire | February 9, 2017 7:55 am
The AUD/USD pair rallied during the day on Wednesday, showing signs of life again. This is a market that has recently rallied, and thus it looks as if the 0.75 level is going to continue to be...