AUD/USD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:15 am
The AUD/USD pair initially tried to rally but then turn right back around during the day on Monday to turn back around and reach towards the 0.75 level. Any type of supportive candle in this general vicinity...

EURNZD Descending Channel (July 12, 2016)

by Kate Curtis | July 12, 2016 3:40 am
EURNZD is in the middle of pulling back up to the descending channel resistance visible on its 4-hour time frame. Using the Fib tool on the latest swing high and low shows that the 61.8% retracement level...

AUD/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:06 am
The AUD/USD pair initially fell during the course of the day but then broke out to the upside as the 0.75 level gateway. This bullish candle should signal that we are going to continue going higher, and...

EUR/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:05 am
The EUR/USD pair went back and forth as it typically does during a Nonfarm  payrolls on Friday, ultimately settling on a slightly negative candle. The United States added more than expected as far as jobs are concerned, but...

USD/JPY Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:04 am
The USD/JPY pair has gone back and forth during the course of the session on Friday, and with this being the case it’s likely that we are starting to hesitate now that we get close to the...

GBP/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:04 am
GBP/USD pair initially rallied a bit, but at the end of the day could not break above the 1.30 level with any gusto. At this point in time, it looks as if the market is going to...

AUDJPY Rising Channel (July 11, 2016)

by Kate Curtis | July 11, 2016 5:26 am
AUDJPY has started to trend higher on its 1-hour time frame, moving inside a rising channel on the short-term chart. Price is currently testing the channel support and might be due for a bounce towards the resistance...

USD/JPY Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:54 am
The USD/JPY pair fell slightly during the course of the session on Thursday, but at this point in time I believe that the market is essentially just trying to rest before we get the vital Nonfarm Payroll...

USD/CAD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:53 am
The USD/CAD pair initially fell during the day on Thursday but turned right back around and form a massive hammer. As we press the 1.30 level I cannot help but notice that this is the place to...

GBP/USD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:50 am
The GBP/USD pair initially tried to rally during the course of the day on Thursday, but turn right back around at the 1.30 level. Because of this, I believe that this pair is going to continue to...