GBP/USD Forecast February 11, 2016, Technical Analysis

by FX Empire | February 11, 2016 8:05 am
The GBP/USD pair rose slightly during the course of the day on Wednesday, breaking above the 1.45 level again. Quite frankly, this is a market that although it looks like it is somewhat supported here, there is...

EUR/USD Forecast February 11, 2016, Technical Analysis

by FX Empire | February 11, 2016 8:04 am
The EUR/USD pair fell significantly during the course of the day on Wednesday but found enough support during the testimony by Janet Yellen in front of Congress. By turning back around, we ended up forming a massive...

AUD/USD Forecast February 11, 2016, Technical Analysis

by FX Empire | February 11, 2016 8:03 am
The AUD/USD pair broke higher during the course of the session on Wednesday, as we continue to see quite a bit of bounce at the 0.70 handle. However, there is a significant amount of resistance just above...

EURGBP Short-Term Pullback (Feb 11, 2016)

by Kate Curtis | February 11, 2016 5:10 am
EURGBP recently broke past a resistance area at the .7650 minor psychological level then climbed to the .7850 area before showing signs of a pullback. Price is drawing support at the 38.2% Fib based on the latest...

USD/JPY Forecast February 10, 2016, Technical Analysis

by FX Empire | February 10, 2016 11:24 am
The USD/JPY pair initially tried to rally during the course of the day and break back above the 115 level. However, we found more than enough resistance above there to turn the market back around and form...

USD/CAD Forecast February 10, 2016, Technical Analysis

by FX Empire | February 10, 2016 11:23 am
The USD/CAD pair fell during the course of the day on Tuesday, but found enough support near the 1.38 level to turn things back around and form a bit of a hammer. However, the 1.40 level above...

GBP/USD Forecast February 10, 2016, Technical Analysis

by FX Empire | February 10, 2016 11:22 am
The GBP/USD pair went back and forth during the course of the day on Tuesday, as we continue to bounce off of the 1.44 handle. Quite frankly, there is a significant amount of support just below, so...

EUR/USD Forecast February 10, 2016, Technical Analysis

by FX Empire | February 10, 2016 11:21 am
The EUR/USD pair initially tried to fall during the course of the day on Tuesday, but turned back around to form a very bullish candle. We even broke above the 1.13 level, and it now looks as...

AUD/USD Forecast February 10, 2016, Technical Analysis

by FX Empire | February 10, 2016 11:21 am
The AUD/USD pair initially fell during the course of the day on Tuesday, breaking well below the 0.70 level to test for support. We found quite a bit there, and ended up turning back around to form...

GBPUSD Rising Channel (Feb 10, 2016)

by Kate Curtis | February 10, 2016 3:47 am
GBPUSD has sold off recently but is still gradually trading higher on the 1-hour time frame. A rising channel can be seen connecting the latest lows and highs of price action.   Price is currently testing the...