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...

GBP/USD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:05 am
The GBP/USD pair fell significantly during the day on Tuesday, as we continue to reach towards the 1.20 level. The initial flash crash support should give way given enough time though, so any type of rally at...

EUR/USD Forecast October 12, 2016, Technical Analysis

by FX Empire | October 12, 2016 6:03 am
The EUR/USD pair broke down significantly during the course of the session on Tuesday, slicing through the bottom of the support at the 1.11 level and now looks like it’s ready to reach towards the 1.10 level...