GBP/USD Forecast November 3, 2016, Technical Analysis

by FX Empire | November 3, 2016 6:22 am
The GBP/USD pair rallied during the day on Wednesday, as we continue to find quite a bit of support just below. However, I see massive amount of resistance above here that could continue to push much lower....

EUR/USD Forecast November 3, 2016, Technical Analysis

by FX Empire | November 3, 2016 6:21 am
The EUR/USD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling....

AUD/USD Forecast November 3, 2016, Technical Analysis

by FX Empire | November 3, 2016 6:20 am
The Australian dollar initially fell during the day on Wednesday, but turned around to form a relatively supportive looking candle. There is a lot of noise above though, so I’m not willing to start buying at this...

EURAUD Support Turned Resistance (Nov 03, 2016)

by Kate Curtis | November 3, 2016 5:14 am
EURAUD recently broke below support around the 1.4600 major psychological level then dropped to a low of 1.4125. From there, price showed signs of a pullback and is currently testing the 61.8% Fibonacci retracement level.   The...

AUDUSD Descending Channel (Nov 02, 2016)

by Kate Curtis | November 2, 2016 5:20 am
AUDUSD is starting to trend lower on its 1-hour time frame, moving inside a descending channel and just bouncing off the resistance at .7650. Price seems to have its sights set back on the bottom of the...

USD/JPY Forecast November 1, 2016, Technical Analysis

by FX Empire | November 1, 2016 7:19 am
The USD/JPY pair rallied during the course of the session on Monday, breaking above the 105 level at one point. Ultimately, the market looks as if we are ready to go higher though, and with that I...

USD/CAD Forecast November 1, 2016, Technical Analysis

by FX Empire | November 1, 2016 7:18 am
The USD/CAD pair initially fell during the day on Monday but turned around to form a hammer. The hammer of course is a bullish sign, so I look at this is a market that’s ready to continue...

GBP/USD Forecast November 1, 2016, Technical Analysis

by FX Empire | November 1, 2016 7:17 am
The GBP/USD pair initially fell during the day on Monday, but turned around to form a little bit of a supportive candle. If we can rally above the top of this hammer, the market should then try...

EUR/USD Forecast November 1, 2016, Technical Analysis

by FX Empire | November 1, 2016 7:17 am
The EUR/USD pair fell during the day on Monday, but did get a little bit of a left towards the US afternoon as the 1.09 level offers quite a bit of support. Ultimately, I believe that this...

AUD/USD Forecast November 1, 2016, Technical Analysis

by FX Empire | November 1, 2016 7:16 am
The AUD/USD pair broke higher during the day on Monday, clearing the top of the hammer. With this being the case, it looks as if the market should continue to try to grind higher. I do recognize...