AUDNZD Retracement Opportunity (Apr 06, 2016)

by Kate Curtis | April 6, 2016 3:37 am
AUDNZD broke past the resistance around the 1.1000 major psychological level last month then zoomed up to the 1.1300 levels before showing signs of a pullback. Applying the Fib tool on the latest swing high and low...

USD/JPY Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:59 am
The USD/JPY pair initially tried to rally during the course of the day on Monday but turned back around to form a bit of a shooting star. However, we do have a significant amount of support just...

USD/CAD Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:58 am
The USD/CAD pair went back and forth during the course of the session on Monday, as we continue to bounce upon the 1.30 level. We have a massive uptrend line just below though, so with that it’s...

GBP/USD Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:57 am
The GBP/USD pair went back and forth during the course of the day on Monday, as we gained some of the losses from the Friday session. This is a market that continues to grind sideways overall, with...

EUR/USD Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:56 am
The EUR/USD pair initially fell during Monday, but found a bit of support below to bounce and form a hammer. The hammer of course is a bullish sign, and with this we look at this pair as...

AUD/USD Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:56 am
The AUD/USD pair fell slightly during the day on Monday, but essentially did nothing. Keep in mind that we have an interest rate decision coming out of the Reserve Bank of Australia today, and that of course...

NZDUSD Ascending Channel (Apr 05, 2016)

by Kate Curtis | April 5, 2016 3:34 am
NZDUSD has slowly been trending higher, moving inside an ascending channel formation on its 4-hour chart. Price just bounced off the channel resistance at the .6950 minor psychological level and is due to test support at .6700-.6750...

GBP/USD Forecast April 4, 2016, Technical Analysis

by FX Empire | April 4, 2016 6:52 am
The GBP/USD pair fell during the course of the day on Friday, as the nonfarm payroll numbers came out. Nonetheless, we are most certainly in a range anyways, with the 1.45 level above being the ceiling while...

USD/JPY Forecast April 4, 2016, Technical Analysis

by FX Empire | April 4, 2016 6:51 am
The USD/JPY pair fell during the course of the session on Friday, breaking below the bottom of the 2 hammers from the previous sessions. Because of this, looks like we are to suddenly going to consolidate in...

EUR/USD Forecast April 4, 2016, Technical Analysis

by FX Empire | April 4, 2016 6:50 am
The EUR/USD pair went back and forth during the day on Friday, eventually settling on a fairly neutral candle. We could pull back from here, but the pullback should only end up being a buying opportunity as...