USD/CAD Forecast October 18, 2016, Technical Analysis

by FX Empire | October 18, 2016 5:33 am
The USD/CAD pair went back and forth during the course of the day on Monday, testing the 1.32 level above for resistance. That’s an area where the market has reacted several times, and the fact that we...

GBP/USD Forecast October 18, 2016, Technical Analysis

by ForexCycle.com | October 18, 2016 5:33 am
The GBP/USD pair went back and forth on Monday, essentially doing nothing. There is a massive amount of support just below the 1.20 level though, so having said that it’s likely that any attempt to go lower...

EUR/USD Forecast October 18, 2016, Technical Analysis

by FX Empire | October 18, 2016 5:32 am
The EUR/USD pair broke higher during the day on Monday, slicing above the 1.10 level. It looks as if the market is trying to bounce out of the negativity that it has seen over the last couple...

AUD/USD Forecast October 18, 2016, Technical Analysis

by FX Empire | October 18, 2016 5:31 am
The AUD/USD pair broke higher during the course of the day on Monday, testing the massive support above the 0.7650 level. If we can break above there, it’s likely that we will continue to grind our way...

NZDUSD Long-Term Uptrend (Oct 18, 2016)

by Kate Curtis | October 18, 2016 5:27 am
NZDUSD has been trending higher on its daily time frame, moving inside an ascending channel and currently testing support. Price seems to have bounced off the bottom of the channel and is headed back to the top...

EURAUD Range Breakdown Correction (Oct 17, 2016)

by Kate Curtis | October 17, 2016 5:27 am
EURAUD broke below support at the 1.4550 minor psychological level then dipped to the 1.4400 area before pulling up. Using the Fib tool on the latest swing high and lows shows that the 61.8% retracement level coincides...

USD/JPY Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:43 pm
The USD/JPY pair initially rallied during the course of the session on Friday, but turned around to form a bit of a shooting star. The 105 level above is massively resistive, so having said that I feel...

USD/CAD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:42 pm
The USD/CAD pair fell rather significantly during the day on Friday, breaking down to the 1.31 level below. Ultimately, we have to see whether or not we get a supportive candle, and if we get that, I...

GBP/USD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:41 pm
The GBP/USD pair went back and forth during the course of the session on Friday, hovering right around the 1.22 handle. Ultimately, this is a market that I think continues to see negative pressure in, and perhaps...

EUR/USD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:40 pm
The EUR/USD pair fell during the session on Friday, slicing through the 1.10 level at one point. It looks as if the market is trying to grind its way lower, and at this point in time any...