GBP/USD Forecast January 14, 2016, Technical Analysis

by FX Empire | January 14, 2016 6:11 am
The GBP/USD pair fell during the day on Wednesday, as the market continues to show negativity. We bounced enough to form a hammer though, and as a result it looks as if the market may have a...

EUR/USD Forecast January 14, 2016, Technical Analysis

by FX Empire | January 14, 2016 6:10 am
The EUR/USD pair went back and forth during the course of the day on Wednesday, using the 1.08 level as a bit of a springboard in order to keep the market afloat. That being the case, it...

AUD/USD Forecast January 14, 2016, Technical Analysis

by FX Empire | January 14, 2016 6:10 am
AUD/USD fell significantly during the course of the session on Wednesday, as the market continues to bounce around the 0.70 level. The market has broken down previously, and as a result it’s more than likely that the...

USDJPY Complex Head and Shoulders (Jan 14, 2016)

by Kate Curtis | January 14, 2016 4:36 am
USDJPY could be in for a long-term selloff, as the pair has formed a complex head and shoulders pattern on its daily time frame. Price is still hovering around the neckline around 117.50-118.00, with a downside break...

USD/JPY Forecast January 13, 2016, Technical Analysis

by FX Empire | January 13, 2016 5:28 am
The USD/JPY pair initially tried to rally during the day on Tuesday, but just as we had done on Monday, the sellers came back into the marketplace later in the day and formed a less than stellar...

USD/CAD Forecast January 13, 2016, Technical Analysis

by FX Empire | January 13, 2016 5:26 am
The USD/CAD pair initially fell during the course of the day on Tuesday but found enough support below the 1.42 level to turn things around and go higher. This is a very strong uptrend at this point...

GBP/USD Forecast January 13, 2016, Technical Analysis

by FX Empire | January 13, 2016 5:26 am
The GBP/USD pair broke down during the course of the session on Tuesday, breaking well below the 1.45 level. With that, the market looks as if the British pound is going to continue to suffer, and with...

EUR/USD Forecast January 13, 2016, Technical Analysis

by FX Empire | January 13, 2016 5:22 am
The EUR/USD pair fell significantly during the day on Tuesday, as we race towards the 1.08 level. With this, the market looks as if it is probably going to try to reach down towards the 1.07 level...

AUD/USD Forecast January 13, 2016, Technical Analysis

by FX Empire | January 13, 2016 5:21 am
The AUD/USD pair went back and forth during the course of the session on Tuesday, as we continue to bounce around the 0.70 level. The Australian dollar is very soft, and gold markets look as if they...

AUDUSD Daily Range Support (Jan 13, 2016)

by Kate Curtis | January 13, 2016 4:23 am
AUDUSD is currently bouncing off the bottom of its long-term range visible on the daily time frame, partly supported by the pickup in risk sentiment and stronger than expected data in China. The pair has found support...