GBP/USD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 5:59 am
The GBP/USD pair fell slightly during the course of the session on Thursday, and as you can see the sellers have jumped back in to take advantage of value found in the US dollars this point in...

EUR/USD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 5:59 am
EUR/USD rose during the course of the day but did pullback a little bit towards the end. I believe that we are going to continue to try to go higher, but it’s going to be very choppy....

AUD/USD Forecast August 26, 2016, Technical Analysis

by FX Empire | August 26, 2016 5:58 am
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but failed and ended up turning around and forming a shooting star. This being the case, the market is very likely to...

EURUSD Uptrend Pullback (Aug 26, 2016)

by Kate Curtis | August 26, 2016 5:34 am
EURUSD has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and currently testing resistance. If the ceiling holds, EURUSD could pull back to the channel support at the 1.1150 minor psychological level....

USD/JPY Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:25 am
The USD/JPY pair initially fell during the day on Wednesday, but we turn right back around as the 100 level continues to offer support. This being the case, the market is paying attention to the fact that...

USD/CAD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:22 am
The USD/CAD pair went back and forth during the course of the day on Wednesday, ultimately forming a slightly positive candle. We are pressing up against the bottom of the previous uptrend line now, and of course...

GBP/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:21 am
The GBP/USD pair went back and forth during the course of the session here on Wednesday, as we continue to try to find some type of resistance above in order to start selling again. I believe that...

EUR/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:20 am
The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below. I believe the actual “floor” at the 1.12 level below will continue to keep...

AUD/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:19 am
The AUD/USD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move. At this point in time though,...

AUDUSD Descending Channel (Aug 25, 2016)

by Kate Curtis | August 25, 2016 2:20 am
AUDUSD has been trending lower on its 1-hour time frame, moving inside a descending channel formation. Price is trading around the middle, though, still deciding whether to test the resistance at .7625 or support at .7550. The...