EURGBP Uptrend Channel (Sep 21, 2016)

by Kate Curtis | September 21, 2016 5:57 am
EURGBP has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and making its way towards the resistance around the .8800 major psychological level. For now, price seems to be pulling back to...

GBPUSD Range Setup (Sep 20, 2016)

by Kate Curtis | September 20, 2016 6:08 am
GBPUSD has been trading sideways on its 4-hour time frame, moving between support at the 1.2900 area and resistance at 1.3450. Price is nearing the bottom of the range at the moment and might be due for...

USD/JPY Forecast September 20, 2016, Technical Analysis

by FX Empire | September 20, 2016 5:58 am
The USD/JPY pair fell slightly during the course of the session on Monday, testing the 101.50 level. This is an area that would be slightly supportive, but I believe that there is quite a bit of support...

USD/CAD Forecast September 20, 2016, Technical Analysis

by FX Empire | September 20, 2016 5:57 am
The USD/CAD pair initially fell during the course of the session, and then turn right back around to form a very positive candle. A hammer sitting at the 1.32 level shows that we are still trying to...

GBP/USD Forecast September 20, 2016, Technical Analysis

by FX Empire | September 20, 2016 5:56 am
The GBP/USD pair initially rallied during the course of the day on Monday, but gave back about half of the gains during the day. With this being the case, the market looks as if it is still...

EUR/USD Forecast September 20, 2016, Technical Analysis

by FX Empire | September 20, 2016 5:55 am
The EUR/USD pair rallied during the course of the day on Monday, bouncing off of the 1.1150 level as we expected. Ultimately, I believe that given enough time there will be sellers and signs of exhaustion so...

AUD/USD Forecast September 20, 2016, Technical Analysis

by FX Empire | September 20, 2016 5:55 am
The AUD/USD pair rose during the course of the session on Monday, breaking above the 0.75 level. The 0.7550 level is an area that has seen a bit of resistance previously, so if we can break above...

AUDUSD Reversal Confirmation (Sep 19, 2016)

by Kate Curtis | September 19, 2016 5:25 am
AUDUSD seems to be tired from its climb since it already formed a head and shoulders reversal pattern on its 4-hour time frame. Price also broke below the neckline at the .7500 major psychological level, confirming its...

USD/JPY Forecast September 19, 2016, Technical Analysis

by FX Empire | September 17, 2016 8:39 am
The USD/JPY pair rose slightly during the course of the session on Friday, but we continue to grind sideways overall as there is plenty of volatility in this market right now, and not necessarily a whole lot...

USD/CAD Forecast September 19, 2016, Technical Analysis

by FX Empire | September 17, 2016 8:39 am
The USD/CAD pair rose during the course of the session on Thursday, slicing through the 1.32 level. By doing so, we continue to test serious resistance and I think we are trying to break out to the...