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...

GBP/USD Forecast September 19, 2016, Technical Analysis

by FX Empire | September 17, 2016 8:38 am
The GBP/USD pair fell apart during the course of the day on Friday as we crashed towards the 1.30 level. Given enough time, we should continue to see negativity in this market and therefore think rallies will...

EUR/USD Forecast September 19, 2016, Technical Analysis

by FX Empire | September 17, 2016 8:36 am
The Euro fell rather sharply during the course of the day on Friday, slamming into the 1.1150 level. However, this is an area that is very important in general so I would not be surprise at all...

AUD/USD Forecast September 19, 2016, Technical Analysis

by FX Empire | September 17, 2016 8:30 am
The AUD/USD pair fell slightly during the course of the session on Friday, as we continue to bang around the 0.75 handle. This is an area that continues to be a bit of a magnet for price,...

EURAUD Uptrend Pullback (Sep 16, 2016)

by Kate Curtis | September 16, 2016 4:01 am
EURAUD recently broke above the neckline of an inverse head and shoulders pattern, signaling a reversal from its previous downtrend. Before price resumes its climb, it could still make a pullback to the broken resistance area.  ...