AUD/USD Forecast April 26, 2016, Technical Analysis

by FX Empire | April 26, 2016 6:05 am
The AUD/USD pair went back and forth during the course of the day on Monday, as we simply continue to test support at the 0.77 level. With this being the case, the market should continue to go...

GBPJPY Reversal Signals (Apr 26, 2016)

by Kate Curtis | April 26, 2016 4:07 am
GBPJPY had been trading below a descending trend line on its 4-hour time frame earlier this year before an upside breakout took place, signaling a potential reversal. In addition, a complex double bottom pattern has formed and...

USDJPY Uptrend Pullback (Apr 25, 2016)

by Kate Curtis | April 25, 2016 4:59 am
USDJPY broke out of its double bottom formation on the 1-hour time frame, signaling that a reversal from the previous downtrend is about to take place. However, price has encountered resistance near the 112.00 major psychological level...

USD/JPY Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:17 am
The USD/JPY pair broke down during the course of the day on Friday, slicing through the 110 level, and of course the 111 level. Because of this, it looks as if the market is going to continue...

USD/CAD Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:16 am
The USD/CAD pair initially fell during the day on Friday, but turned back around to form a bit of a hammer. The hammer of course is a bullish sign, so if we can rally from here we...

GBP/USD Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:15 am
The GBP/USD pair broke higher during the course of the session on Friday, testing the top of the shooting star from the Thursday session. That being the case, the market looks as if there is quite a...

EUR/USD Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:14 am
The EUR/USD pair fell significantly during the day on Friday, after initially forming a shooting star from Thursday. That being the case, we broke down below the 1.1250 level, which had previously been support. With this, looks...

AUD/USD Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:14 am
The AUD/USD pair initially tried to rally during the day on Friday, but turned back around to form a slightly negative candle. The 0.77 level offered a bit of support, and it now looks as if we...

USD/JPY Forecast April 22, 2016, Technical Analysis

by FX Empire | April 22, 2016 6:39 am
The USD/JPY pair fell slightly during the course of the day on Thursday, as the 110 level offered enough resistance to turn the market back around a bit. Ultimately, this is a market that should continue to...

USD/CAD Forecast April 22, 2016, Technical Analysis

by FX Empire | April 22, 2016 6:38 am
The USD/CAD pair rose during the course of the session on Thursday, as we finally got a bit of a bounce. However, there is a massive amount of resistance above so it’s very likely that we will...