AUDUSD Trend Line Test (July 19, 2016)

by Kate Curtis | July 19, 2016 4:05 am
AUDUSD has been trending higher on the short-term time frames, moving above a rising trend line connecting the recent lows of price action. The pair is currently testing this support area and could be due for a...

EURUSD Range Support (July 18, 2016)

by Kate Curtis | July 18, 2016 5:30 am
EURUSD has been trading inside a range, moving between support at 1.1035 and resistance at 1.1150. Price is currently testing support at the bottom of the range and seems ready for a bounce back to the top. ...

USDCHF Rising Channel (July 15, 2016)

by Kate Curtis | July 15, 2016 2:17 am
USDCHF has been trending higher recently, moving inside a rising channel visible on its 1-hour and 4-hour charts. Price is currently testing the channel support and could be due for a bounce back to the resistance at...

EURAUD Descending Channel (July 14, 2016)

by Kate Curtis | July 14, 2016 4:20 am
EURAUD has been trending lower on its short-term and long-term time frames, but a potential opportunity to catch the downtrend has materialized on the 4-hour chart. Price is bouncing of the descending channel support and might be...

USD/JPY Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:22 am
The USD/JPY pair broke out to the upside during the course of the session on Tuesday, showing real strength as we approached the 105 level. This is an area that should cause quite a bit of resistance,...

USD/CAD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:21 am
The USD/CAD pair broke down during the course of the session on Tuesday, breaking below the 1.30 level slightly. However, there is a lot of support just below so it’s very likely that the market could find...

GBP/USD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:20 am
This market is very bullish, at least in the short-term. However, I do see a lot of noise at the 1.35 level that could cause quite a bit of trouble, extending all the way to at least...

EUR/USD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:20 am
The EUR/USD pair broke to the upside during the day on Tuesday, but turn right back around to form a bit of a shooting star. With this, I believe that the market will continue to favor selling...

AUD/USD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:18 am
The AUD/USD pair broke out to the upside during the course the day on Tuesday, forming a very strong candle as we crashed into the 0.7650 level. Because of this, if we continue to go higher and...

AUDJPY Retracement Setup (July 13, 2016)

by Kate Curtis | July 13, 2016 3:23 am
AUDJPY has been on such a strong rally these days but a correction might be due. Price appears to have hit a ceiling at the 80.00 major psychological level and could make a pullback to the Fib...