AUD/USD Forecast October 6, 2015, Technical Analysis

by FX Empire | October 6, 2015 5:57 am
The AUD/USD pair broke higher during the course of the session on Monday, as we continue to see a bit of support. However, the market is most certainly in a downtrend overall, and as a result we...

AUDUSD Rising Channel (Oct 5, 2015)

by Kate Curtis | October 5, 2015 5:54 am
AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting...

USD/JPY Forecast October 5, 2015, Technical Analysis

by FX Empire | October 3, 2015 11:48 am
The USD/JPY pair fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a massive hammer. On a break above the top of the hammer,...

USD/CAD Forecast October 5, 2015, Technical Analysis

by FX Empire | October 3, 2015 11:47 am
The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here....

GBP/USD Forecast October 5, 2015, Technical Analysis

by FX Empire | October 3, 2015 11:47 am
The GBP/USD pair initially tried to rally during the course of the day on Friday, but found the area above the 1.52 level to be far too resistive to continue going higher. Because of this resistance, we...

EUR/USD Forecast October 5, 2015, Technical Analysis

by FX Empire | October 3, 2015 11:46 am
The EUR/USD pair broke higher during the course of the session on Friday, as the jobs number came out very light. With that, the US dollar sold off initially, but we believe that traders are starting to...

AUD/USD Forecast October 5, 2015, Technical Analysis

by FX Empire | October 3, 2015 11:46 am
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support at the 0.70 level to turn things back around and form a hammer. That hammer of course is a very...

USD/JPY Forecast October 2, 2015, Technical Analysis

by FX Empire | October 2, 2015 5:13 am
The USD/JPY pair fell during the course of the session on Thursday, as we continue to bounce around the 120 handle. With that being the case, the market looks as if it is simply going sideways, and...

USD/CAD Forecast October 2, 2015, Technical Analysis

by FX Empire | October 2, 2015 5:12 am
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough buying pressure near the 1.32 level to turn things back around and form a hammer. That being the case, the market...

GBP/USD Forecast October 2, 2015, Technical Analysis

by FX Empire | October 2, 2015 5:12 am
The GBP/USD pair went back and forth during the course of the session on Thursday, as we continue to struggle just below the 1.52 level. That being the case, the market looks as if it still will...