USD/JPY Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:46 am
The USD/JPY pair gapped higher at the open on Monday, as the FBI announced that they were not going to suggest charging Hillary Clinton after going through the 650,000 emails. Because of this, traders seem to be...

USD/CAD Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:45 am
The USD/CAD pair gapped lower at the open on Monday, and then turned around to fill that gap. By doing so, we found quite a bit of resistance, and turned around yet again to form an exhaustive...

GBP/USD Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:44 am
The GBP/USD pair fell during the day on Monday, as the 1.25 level has offered resistance yet again. Ultimately, I believe that this market will continue to go lower, perhaps reaching towards the 1.22 handle below. If...

EUR/USD Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:43 am
The EUR/USD pair fell significantly during the day on Monday as we got word that the FBI was not going to indict Hillary Clinton due to emails. With this, looks as if we are going to continue...

AUD/USD Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:41 am
The AUD/USD pair initially fell on Monday but then found buyers to push the market higher. The gold markets fell during the day, and then reached towards the 0.7750 level. There is an exhaustive amount of resistance...

USDJPY Ascending Channel (Nov 08, 2016)

by Kate Curtis | November 8, 2016 3:39 am
USDJPY is trending higher, moving inside an ascending channel on its 4-hour time frame. Price just bounced off the resistance late last week and is pulling back towards support at the 102.00 major psychological level. The pair...

USDCAD Countertrend Setup (Nov 07, 2016)

by Kate Curtis | November 7, 2016 6:32 am
USDCAD has been trending higher and moving inside an ascending channel on its 4-hour time frame. Price is currently testing the resistance and seems to be indicating that a test of support is in order.   Stochastic...

USD/JPY Forecast November 7, 2016, Technical Analysis

by FX Empire | November 6, 2016 1:18 am
The USD/JPY pair had a very neutral candle form for the Friday session after the jobs number came out. It now looks as if the 103 level is going to continue to offer support, so if we...

USD/CAD Forecast November 7, 2016, Technical Analysis

by FX Empire | November 6, 2016 1:17 am
The USD/CAD pair initially tried to rally on Friday but turned around just below the 1.35 resistance barrier to form a massive shooting star. This is a negative sign, but there are a lot of hammers just...

GBP/USD Forecast November 7, 2016, Technical Analysis

by FX Empire | November 6, 2016 1:16 am
The GBP/USD pair rallied during the session on Friday, we continue to break out to the upside. However, if think that the market does go higher it’s likely that we will find a significant amount of resistance...