USD/JPY Forecast September 1, 2016, Technical Analysis

by FX Empire | September 1, 2016 6:22 am
The USD/JPY pair broke higher during the course of the session here on Wednesday, as we continue to go to the upside. The 105 level above is the longer-term target, and I believe that pullbacks will continue...

USD/CAD Forecast September 1, 2016, Technical Analysis

by FX Empire | September 1, 2016 6:21 am
The US dollar rose against the Canadian dollar during the day on Wednesday, as the Crude Oil Inventories number came out much more bearish than anticipated. With that being the case, it’s likely that the Canadian dollar...

GBP/USD Forecast September 1, 2016, Technical Analysis

by FX Empire | September 1, 2016 6:20 am
The British pound had a slightly positive session during the day on Wednesday, as we have bounced just above the 1.30 level. However, I think that this pair will continue to offer selling opportunities going forward. I’m...

EUR/USD Forecast September 1, 2016, Technical Analysis

by FX Empire | September 1, 2016 6:19 am
The EUR/USD pair initially fell during the course of the session on Wednesday, but turned right back around to form a bit of a hammer. If we can break above the top the hammer, the market should...

AUD/USD Forecast September 1, 2016, Technical Analysis

by FX Empire | September 1, 2016 6:18 am
The AUD/USD pair initially fell during the course of the day on Wednesday, but turn right back around to form a bit of a hammer. The hammer of course is a very bullish sign so if we...

GBPUSD Head and Shoulders Forming (Sep 1, 2016)

by Kate Curtis | September 1, 2016 4:33 am
GBPUSD might be tired from its climb as price seems to be forming a head and shoulders pattern on its 1-hour time frame. The pair has yet to complete the right shoulder if the short-term Fib levels...

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...