GBP/USD Forecast July 28, 2016, Technical Analysis

by FX Empire | July 28, 2016 6:06 am
The GBP/USD pair initially fell during the day but did bounce a bit to form a slight hammer. I believe that this market is going to continue to consolidate just above the 1.30 level, so short-term buying...

EUR/USD Forecast July 28, 2016, Technical Analysis

by FX Empire | July 28, 2016 6:05 am
The EUR/USD pair initially tried to rally during the course of the session here on Wednesday, but turned around to form a slightly negative candle. This is a bit of a shooting star, and that of course...

AUD/USD Forecast July 28, 2016, Technical Analysis

by FX Empire | July 28, 2016 6:04 am
The Australian dollar initially rallied during the day on Wednesday, but found far too much in the way of resistance above and ended up turning back around and form a fairly negative candle. Nonetheless, I don’t feel...

GBPJPY Support Turned Resistance (July 28, 2016)

by Kate Curtis | July 28, 2016 3:56 am
GBPJPY recently broke below support at the 139.00 major psychological level then dipped to the 136.00 area before pulling up. Applying the Fib tool on the latest swing high and low on the 4-hour time frame shows...

USD/JPY Forecast July 27, 2016, Technical Analysis

by FX Empire | July 27, 2016 5:31 am
The USD/JPY pair fell initially during the course of the session on Tuesday, but bounced enough to form a bit of a hammer. The 105 level continues to ask supporters to come into the marketplace, and a...

USD/CAD Forecast July 27, 2016, Technical Analysis

by FX Empire | July 27, 2016 5:30 am
The USD/CAD pair went back and forth during the course of the session, pulling back in order to find buyers, meaning that we should continue to go higher given enough time. After all, the oil markets are...

GBP/USD Forecast July 27, 2016, Technical Analysis

by FX Empire | July 27, 2016 5:30 am
The GBP/USD pair went back and forth during the course of the day on Tuesday, as we continue to bounce above the 1.30 level. This is a market that is very negative overall, but looks as if...

EUR/USD Forecast July 27, 2016, Technical Analysis

by FX Empire | July 27, 2016 5:29 am
The EUR/USD pair initially tried to rally during the course of the session on Tuesday, finding enough resistance above the 1.10 level to continue to grind this market lower. The market picking down below the 1.10 level...

AUD/USD Forecast July 27, 2016, Technical Analysis

by FX Empire | July 27, 2016 5:28 am
The AUD/USD pair rose during the course of the day on Tuesday, reaching out and above the 0.73 level. Pay attention to the gold market, because of gold rises, the Australian dollar should as well. There will...

USDCAD Breakout Correction (July 27, 2016)

by Kate Curtis | July 27, 2016 2:16 am
USDCAD recently made an upside breakout from its symmetrical triangle pattern, signaling that buyers have taken control of price action. However, the rally was cut short at the 1.3200 area and a correction seems to be taking...