GBP/USD Forecast August 22, 2016, Technical Analysis

by FX Empire | August 22, 2016 6:34 am
The GBP/USD pair fell slightly during the course of the day, testing the 1.30 level for support. If we can break down below there, I feel that the market then will reach to the 1.2850 level below....

EUR/USD Forecast August 22, 2016, Technical Analysis

by FX Empire | August 22, 2016 6:33 am
The EUR/USD pair fell significantly during the day but did bounce a bit by the end of the day on Friday. By doing so, looks as if we are trying to build up enough momentum to finally...

AUD/USD Forecast August 22, 2016, Technical Analysis

by FX Empire | August 22, 2016 6:32 am
The AUD/USD pair broke down during the course of the session on Friday, finding the market reaching for the 0.76 level. However, I think there is more than enough support below that sooner or later we will...

EURUSD Uptrend Correction (Aug 22, 2016)

by Kate Curtis | August 22, 2016 5:28 am
EURUSD is on an uptrend on its 4-hour time frame, moving above an ascending trend line and getting ready to test support. The Fib tool applied on the latest swing high and low shows that the 61.8%...

USD/JPY Forecast August 19, 2016, Technical Analysis

by FX Empire | August 19, 2016 6:42 am
The USD/JPY pair went back and forth during the course of the session on Thursday, forming a somewhat exhaustive candle. If we can break down below the 99.50 level, I feel at that point in time we...

USD/CAD Forecast August 19, 2016, Technical Analysis

by FX Empire | August 19, 2016 6:42 am
The USD/CAD pair fell significantly during the course of the day on Thursday, as we continue to see weakness in the US dollar, and of course massive strength in the oil markets. With this being the case,...

GBP/USD Forecast August 19, 2016, Technical Analysis

by FX Empire | August 19, 2016 6:41 am
The GBP/USD pair broke higher during the course of the session on Thursday, clearing the 1.30 level. However, I believe that this market has quite a bit of resistance above, so it simply waiting to see exhaustion...

EUR/USD Forecast August 19, 2016, Technical Analysis

by FX Empire | August 19, 2016 6:39 am
The EUR/USD pair rose during the course of the day, reaching towards the 1.1350 level. The area has been resistive in the past, and having said that it’s likely that the sellers could reenter this market, but...

AUD/USD Forecast August 19, 2016, Technical Analysis

by FX Empire | August 19, 2016 6:39 am
The AUD/USD pair went back and forth during the course of the day on Thursday, ultimately turning around to form a bit of a shooting star. The fact that we have formed a shooting star in this...

EURAUD Reversal Pattern (Aug 19, 2016)

by Kate Curtis | August 19, 2016 3:39 am
EURAUD has been declining on its 4-hour chart but a reversal pattern has formed, signaling a potential uptrend. Price has failed in its last two attempts to break below the 1.4500 major psychological support, creating a double...