AUD/USD Forecast October 13, 2015, Technical Analysis

by FX Empire | October 13, 2015 7:57 am
The AUD/USD pair broke higher during the course of the day on Monday, as we continue to press the 0.74 handle. However, we are getting a bit overextended at this point in time so unless you are...

USDCHF Channel Support (Oct 12, 2015)

by Kate Curtis | October 12, 2015 5:56 am
USDCHF has been trending lower on its 1-hour chart, moving inside a descending channel and testing support. Price has formed a bearish flag right at the bottom of the channel around the .9600 major psychological support and...

USD/JPY Forecast October 12, 2015, Technical Analysis

by FX Empire | October 10, 2015 6:49 am
The USD/JPY pair broke higher during the course of the session on Friday, but quite frankly not far enough to get us interested. It appears of this market is going to continue to be volatile and choppy,...

USD/CAD Forecast October 12, 2015, Technical Analysis

by FX Empire | October 10, 2015 6:48 am
The USD/CAD pair initially fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a hammer. The hammer of course suggests that we could bounce...

GBP/USD Forecast October 12, 2015, Technical Analysis

by FX Empire | October 10, 2015 6:48 am
The GBP/USD pair fell during the course of the day on Friday, taking back most of the gains from the Thursday session. With that being said, looks like we could drift a little bit lower from here,...

EUR/USD Forecast October 12, 2015, Technical Analysis

by FX Empire | October 10, 2015 6:47 am
The EUR/USD pair broke higher during the course of the session on Friday, clearing the top of the shooting star from Thursday. With that being the case, the market looks as if it is ready go higher,...

AUD/USD Forecast October 12, 2015, Technical Analysis

by FX Empire | October 10, 2015 6:47 am
The AUD/USD pair broke higher during the course of the session on Friday, as we continue to grind our way towards the 0.7350 level. We are broken above to significant shooting stars now, so at this point...

GBPUSD Descending Channel (Oct 9, 2015)

by Kate Curtis | October 9, 2015 8:09 am
GBPUSD is starting a downtrend on its short-term time frames, as a descending channel is forming on its 1-hour forex chart. The pair just bounced off the channel support at the 1.5100 major psychological level and might...

USD/JPY Forecast October 9, 2015, Technical Analysis

by FX Empire | October 9, 2015 7:20 am
The USD/JPY pair initially fell during the course of the session on Thursday, but turned back around to form a little bit of a hammer. That being the case, the hammer sits just below the 120 handle,...

USD/CAD Forecast October 9, 2015, Technical Analysis

by FX Empire | October 9, 2015 7:19 am
The USD/CAD pair fell significantly during the day on Thursday, testing the 1.30 level. However, this is a huge supportive level for the market, and as a result we believe that a buying opportunity could present itself...