EUR/USD Forecast February 15, 2016, Technical Analysis

by FX Empire | February 13, 2016 4:55 am
The EUR/USD pair fell during the course of the session on Friday, showing real signs of volatility. Ultimately though, we believe that there is more than enough support below to turn this market back around and continue...

AUD/USD Forecast February 15, 2016, Technical Analysis

by FX Empire | February 13, 2016 4:54 am
The AUD/USD pair went back and forth during the course of the session on Friday, as we hug the 0.71 handle. Ultimately, we think that this market is going to continue to bounce around between the 0.70...

USD/JPY Forecast February 12, 2016, Technical Analysis

by FX Empire | February 12, 2016 6:48 am
The USD/JPY pair fell significantly during the course of the day on Thursday, but found enough support below to turn things back around and form a bit of a hammer. Because of that, it looks as if...

USD/CAD Forecast February 12, 2016, Technical Analysis

by FX Empire | February 12, 2016 6:47 am
The USD/CAD pair initially rose during the course of the day on Thursday, testing the 1.40 level which of course is a massive round number. That being the case, we turned back around to form something akin...

GBP/USD Forecast February 12, 2016, Technical Analysis

by FX Empire | February 12, 2016 6:47 am
The GBP/USD pair fell during the day on Thursday but did find enough support at 1.44 to turn things around and form a little bit of a hammer. Ultimately, it looks as if the market is ready...

EUR/USD Forecast February 12, 2016, Technical Analysis

by FX Empire | February 12, 2016 6:46 am
The EUR/USD pair broke a little bit higher during the course of the session on Thursday, as we continue to see strength. This is a pair that should reach towards the 1.15 level, given enough time. We...

AUD/USD Forecast February 12, 2016, Technical Analysis

by FX Empire | February 12, 2016 6:45 am
The Australian dollar dropped to the 0.70 level against the US dollar during the day on Thursday, but found enough support there to turn things around and form a hammer. However, we are in a very choppy...

EURJPY Countertrend Setup (Feb 12, 2016)

by Kate Curtis | February 12, 2016 5:50 am
EURJPY has been trending lower on its longer-term time frames but the opportunity for a countertrend setup is emerging. Price is currently testing the bottom of its descending channel visible on the 4-hour and daily charts and...

USD/JPY Forecast February 11, 2016, Technical Analysis

by FX Empire | February 11, 2016 8:06 am
The USD/JPY pair initially tried to rally during the course of the session here on Wednesday, but found the area near 115 to be far too resistive. We ended up continuing the downtrend, and have now broken...

USD/CAD Forecast February 11, 2016, Technical Analysis

by FX Empire | February 11, 2016 8:06 am
During the day on Wednesday, we ended up going back and forth during the course of the session in order to form a rather neutral candle. We tested the 1.40 level, and it now appears that if...