USD/JPY Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:20 am
The USD/JPY pair broke higher during the course of the session on Tuesday, breaking above the top of the shooting star from the Monday session. Because of this, I believe that the market is going to continue...

USD/CAD Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:19 am
The USD/CAD pair broke higher during the course of the session on Tuesday, breaking well above the previous uptrend line. With that being the case, the market looks as if it is trying to go much higher,...

GBP/USD Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:18 am
The GBP/USD pair initially fell during the course of the session, but turn right back around to form a bit of a hammer. The 1.30 level below offered support, and I think that extends all the way...

EUR/USD Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:17 am
The EUR/USD pair fell significantly during the day on Tuesday, breaking the bottom of the hammer from the Monday session. That of course is a very negative sign and as a result I think that the Euro...

AUD/USD Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:16 am
The Australian dollar fell during the day on Tuesday, as we continue to see weakness. We are approaching the 0.75 level below. This is an area that has offered quite a bit of support and resistance in...

USDCAD Countertrend Setup (Aug 31, 2016)

by Kate Curtis | August 31, 2016 3:56 am
USDCAD is still moving inside an ascending channel on its daily and 4-hour time frame, but price is nearing the top of the formation so a selloff might be due. This resistance is located around the 1.3250...

USD/JPY Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:12 am
The USD/JPY pair rallied slightly during the course of the session on Monday, but as you can see is still struggling a little bit. However, I do believe that eventually the US dollar continues to grind higher...

USD/CAD Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:11 am
The USD/CAD pair rallied during the course of the day on Monday, as we are clearly well above the 1.30 level now. It appears that the market is going to try to continue to go higher, and...

GBP/USD Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:09 am
The British pound fell slightly during the course of the session on Monday, as we continue to reach down to the 1.30 level below. If we break down below there, it’s very likely that the market will...

EUR/USD Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:08 am
The EUR/USD pair fell slightly during the course of the session on Monday, clearing the 1.12 level. With this being the case, the market should continue to go lower. I think that we will try to reach...