GBP/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:10 am
The GBP/USD pair did very little during the day on Tuesday, as we show quite a bit of choppiness now. Ultimately, this is a market that has quite a bit of support just below but ultimately we...

EUR/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:09 am
The EUR/USD pair initially tried to rally during the day on Tuesday but turned around to form a bit of a shooting star. This suggests that we are going to continue to go a little bit lower,...

AUD/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:08 am
The AUD/USD pair fell initially on Tuesday but we did have enough bullish pressure under need to continue the move higher. Because of this, I feel that it is only a matter of time before we reach...

EURJPY Range Support (Nov 09, 2016)

by Kate Curtis | November 9, 2016 4:05 am
The top of the range on EURJPY still held as a ceiling as risk aversion returned to the markets. Price is now making its way towards support at the 112.75 area and might even be poised for...

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...