USD/JPY Forecast July 26, 2016, Technical Analysis

by FX Empire | July 26, 2016 5:39 am
The USD/JPY pair initially rallied during the course of the session on Monday, but turned right back around to form a shooting star. The shooting star of course is a negative sign, and we could drop down...

USD/CAD Forecast July 26, 2016, Technical Analysis

by FX Empire | July 26, 2016 5:38 am
The USD/CAD pair broke higher during the course of the session here on Monday, slicing through the 1.32 level. Now that we broke above there, and the fact that the oil markets are looking soft, I believe...

GBP/USD Forecast July 26, 2016, Technical Analysis

by FX Empire | July 26, 2016 5:38 am
The GBP/USD pair did very little during the day on Monday, as we continue to see support at the 1.30 level. Alternately, if we rally at this point in time, I think that the sellers will reenter...

EUR/USD Forecast July 26, 2016, Technical Analysis

by FX Empire | July 26, 2016 5:37 am
The EUR/USD pair initially fell during the day on Monday, but turned around to slam into the 1.10 level again. This is an area that had been rather supportive recently, so it should now in theory be...

AUD/USD Forecast July 26, 2016, Technical Analysis

by FX Empire | July 26, 2016 5:36 am
The AUD/USD pair initially tried to rally during the day on Monday, but turned back around to form a bit of a shooting star. I think that if we can break above the 0.75 level, that would...

USDCAD Triangle Breakout (July 26, 2016)

by Kate Curtis | July 26, 2016 2:48 am
USDCAD formed lower highs and higher lows in the past few weeks since late May, creating a symmetrical triangle pattern on its 4-hour time frame. Price has broken above the triangle resistance, indicating that buyers are gaining...

USD/CAD Forecast July 25, 2016, Technical Analysis

by FX Empire | July 25, 2016 6:16 am
The USD/CAD pair broke higher during the course of the session on Friday, as we have shown quite a bit of bullish pressure and not only the US dollar, but also we have seen quite a bit...

USD/JPY Forecast July 25, 2016, Technical Analysis

by FX Empire | July 25, 2016 6:14 am
The USD/JPY pair initially tried to rally during the course of the session on Friday, but stalled in the middle of the day. At this point in time, looks as if the 105 level will be tested...

EUR/USD Forecast July 25, 2016, Technical Analysis

by FX Empire | July 25, 2016 6:14 am
The EUR/USD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower. I think that the 1.09 level will be...

GBP/USD Forecast July 25, 2016, Technical Analysis

by FX Empire | July 25, 2016 6:13 am
The British pound fell again during the day on Friday, as we continue to grind our way down towards the 1.30 and a. There is quite a bit of support just below though, so having said that...