USD/CAD Forecast April 29, 2016, Technical Analysis

by FX Empire | April 29, 2016 6:49 am
The USD/CAD pair fell slightly during the course the day on Thursday, breaking the bottom of the shooting star that had formed on Wednesday. This of course is a very negative sign but there is the 1.25...

GBP/USD Forecast April 29, 2016, Technical Analysis

by FX Empire | April 29, 2016 6:48 am
The GBP/USD pair rose during the day on Thursday, as we continue to see a bit of support near the 1.45 handle. Because of this, it looks as if we are trying to continue to grinder way...

EUR/USD Forecast April 29, 2016, Technical Analysis

by FX Empire | April 29, 2016 6:47 am
The EUR/USD pair went back and forth during the course the day on Thursday as we continue to grind away. However, there is a lot of volatility, and as a result we could be trying to break...

AUD/USD Forecast April 29, 2016, Technical Analysis

by FX Empire | April 29, 2016 6:46 am
The AUD/USD pair bounced a bit during the course of the session on Thursday, showing quite a bit of resilience. The market seems to have quite a bit of support below, near the 0.75 handle. With this,...

EURJPY Testing Major Support (Apr 29, 2016)

by Kate Curtis | April 29, 2016 2:56 am
EURJPY has been moving sideways on its 4-hour time frame, finding resistance around 127.50 and support at the 122.00 major psychological level. Price is currently testing the bottom of the range, still deciding whether to make a...

USD/JPY Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:14 am
The USD/JPY pair rose during the course of the day on Wednesday, as we continue to try to grind higher after the significant fall though we had seen previously. With this, we think there is massive support...

USD/CAD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:13 am
The USD/CAD pair initially fell during the course of the session on Wednesday, but found enough support to turn things back around and form something akin to a hammer. With this being the case, it’s likely that...

GBP/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:13 am
The GBP/USD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle. With this, it looks like we are going to test the...

EUR/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:12 am
The EUR/USD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement. Because of this, the market looks as if it has a proclivity to go higher over the longer term, so having that...

AUD/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:09 am
The AUD/USD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point. This is a market that has plenty of support below though, especially at the 0.75 handle. With...