USD/CAD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:55 am
The USD/CAD pair fell during the day on Friday, but did bounce a bit towards the end of the day. I believe that this market is still well supported below, and quite frankly oil markets aren’t going...

GBP/USD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:54 am
The GBP/USD pair initially tried to rally during the course of the day on Friday but turned right back around yet again. This market looks like it is ready to start drifting lower, but that’s the key...

EUR/USD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:53 am
The EUR/USD pair initially tried to rally during the course of the day on Friday, but gave back about half of the games in order to form a shooting star. As you can see, we are still...

AUD/USD Forecast August 15, 2016, Technical Analysis

by FX Empire | August 15, 2016 9:52 am
The Australian dollar initially tried to rally during the Friday session but back and sold off rather significantly. The shooting star that formed on Wednesday money been your first hint that we were running the trouble but...

EURNZD Descending Channel (Aug 15, 2016)

by Kate Curtis | August 15, 2016 5:20 am
EURNZD has been trending lower, moving inside a descending channel on its 4-hour time frame. Price is currently testing the channel resistance and might be due for a bounce or a break. The 100 SMA is above...

USD/JPY Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:19 am
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but turned back around to form a bit of a shooting star. The shooting star of course is a negative sign, but...

GBP/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:18 am
The USD/CAD pair initially tried to rally during the course of the session on Thursday and then turned right back around to form a negative candle. We are approaching the 1.30 level, and subsequently a nice trend...

GBP/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:18 am
The GBP/USD pair fell slightly during the course of the day on Thursday, breaking below the 1.30 level. However, there is quite a bit of support all the way down to the 1.28 level below, so with...

EUR/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:17 am
EUR/USD pair initially fell during the course of the session on Thursday, but turned around to form a hammer. The hammer of course suggesting that we are going to continue see bullish pressure. However, I don’t like...

AUD/USD Forecast August 12, 2016, Technical Analysis

by FX Empire | August 12, 2016 9:16 am
The AUD/USD pair went back and forth during the course of the session on Thursday, but looks very supportive and therefore I feel it’s only a matter of time before the Australian dollar continues to grind its...