EUR/USD Forecast October 21, 2016, Technical Analysis

by FX Empire | October 21, 2016 6:49 am
The EUR/USD pair initially tried to rally during the day on Thursday, but found enough resistance above the 1.10 level to turn things back around and fall rather significantly. Although this is an area that I have...

AUD/USD Forecast October 21, 2016, Technical Analysis

by FX Empire | October 21, 2016 6:48 am
The AUD/USD pair fell rather significantly during the course of the day on Thursday, forming a very significant bearish candle. In that being the case it’s likely that the markets will continue to see quite a bit...

USDCAD Countertrend Setup (Oct 21, 2016)

by Kate Curtis | October 21, 2016 5:48 am
USDCAD bounced off the ascending channel support around the 1.3100 area recently and is on its way to test resistance at 1.3300-1.3350. If this area holds as a ceiling, price could head back down for another test...

USD/JPY Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:16 am
The USD/JPY pair fell during the course of the day on Wednesday, as we continue to go back and forth overall. The 103 level seems to be supportive in general, so it’s likely that sooner or later...

USD/CAD Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:14 am
The USD/CAD pair broke down during the course of the session on Wednesday, but found enough support near the 1.30 level below to turn things back around and form a massive hammer. Because of this, it looks...

GBP/USD Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:13 am
The GBP/USD pair initially tried to rally during the course of the day on Wednesday, but turned right back around to show a slightly negative candle. With this being the case, it looks as if the market...

EUR/USD Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:12 am
The EUR/USD pair initially tried to rally during the course of the session on Wednesday, testing the 1.10 level, which of course has been resistive over the last several sessions. The shooting star is a very negative...

AUD/USD Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:11 am
The AUD/USD pair initially tried to fall during the course of the day on Wednesday but found enough buyers to continue to push this market towards the 0.7750 level, which of course is a larger barrier that...

USDCAD Short-Term Channel Bounce (Oct 20, 2016)

by Kate Curtis | October 20, 2016 6:13 am
USDCAD is trending higher on its long-term and short-term charts, moving inside an ascending channel on its 1-hour time frame. Price dipped below the channel support but spiked right back up, indicating that buyers are putting up...

USD/JPY Forecast October 19, 2016, Technical Analysis

by FX Empire | October 19, 2016 6:57 am
The USD/JPY pair went back and forth during the course of the session on Tuesday, forming a fairly neutral candle. Ultimately, there is a significant amount of support just below, so I don’t have any interest in...