EUR/USD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:14 am
The EUR/USD pair initially fell during the course of the session on Thursday, breaking below the 1.10 level. However, we turned right back around to form a bit of a hammer and therefore I feel that we...

AUD/USD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:13 am
The Australian dollar fell significantly during the day on Thursday, reaching down towards the 0.75 level below, which of course is a fairly supportive and large number for the market to deal with. Ultimately, we ended up...

EURUSD Correction Setup (Oct 14, 2016)

by Kate Curtis | October 14, 2016 2:30 am
EURUSD recently broke below its descending triangle support at 1.1130 and has dipped to a low of 1.0988 before showing signs of a pullback. Applying the Fib tool on the latest swing high and low shows that...

USD/JPY Forecast October 13, 2016, Technical Analysis

by FX Empire | October 13, 2016 7:22 am
The USD/JPY pair broke higher during the course of the day on Wednesday, testing the 105 region. That’s an area that should continue to offer quite a bit of resistance though, so I think at this point...

USD/CAD Forecast October 13, 2016, Technical Analysis

by FX Empire | October 13, 2016 7:21 am
The USD/CAD pair went back and forth during the course of the session on Wednesday, and as a result we did up forming a fairly neutral candle. This being the case, I feel that the market will...

GBP/USD Forecast October 13, 2016, Technical Analysis

by FX Empire | October 13, 2016 7:20 am
The GBP/USD pair went back and forth during the course of the session on Wednesday, as we continue to drift slightly lower over the course of time. I believe that it’s only a matter time before the...

EUR/USD Forecast October 13, 2016, Technical Analysis

by FX Empire | October 13, 2016 7:20 am
The EUR/USD pair fell again during the day on Wednesday, testing the 1.10 level which has been my target for a few sessions now. With that being the case, I think that a bounce is likely to...

EURJPY Descending Channel (Oct 13, 2016)

by Kate Curtis | October 13, 2016 3:14 am
EURJPY is trending lower on its 4-hour time frame, moving inside a descending channel formation. Price is currently testing the resistance around 116.00 and might be due for a selloff back to support at the 111.00 major...

USD/JPY Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:07 am
The USD/JPY pair initially tried to rally during the course of the day on Tuesday, but turned back around and form a bit of a shooting star. Ultimately I believe that there is plenty of support below...

USD/CAD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:06 am
The USD/CAD pair broke higher during the course of the session on Tuesday, breaking above the 1.32 level again. Ultimately, I feel that this market is going to continue to trade to grind higher, and with that...