USD/CAD Forecast September 8, 2015, Technical Analysis

by FX Empire | September 8, 2015 6:24 am
The USD/CAD pair rose during the course of the session on Monday, but still remains below the recent highs out the 1.3350 level. If we can get above there, the market should then head to the 1.35...

GBP/USD Forecast September 8, 2015, Technical Analysis

by FX Empire | September 8, 2015 6:23 am
The GBP/USD pair bounced at the open on Monday, breaking well above the 1.5250 level. However, we recognize that this market has recently broken down significantly, and even though the 1.52 level looks to be rather supportive,...

EUR/USD Forecast September 8, 2015, Technical Analysis

by FX Empire | September 8, 2015 6:23 am
The EUR/USD pair initially fell on Monday, but found enough support near the 1.11 handle to turn things back around and form a bit of a hammer. As you can see on the chart, there is a...

AUD/USD Forecast September 8, 2015, Technical Analysis

by FX Empire | September 8, 2015 6:22 am
The AUD/USD pair went back and forth during the day on Monday, eventually doing nothing. That being the case it looks as if the 0.70 level is still keeping the market down, but you also have to...

EURCHF Channel Resistance (Sept 8, 2015)

by Kate Curtis | September 8, 2015 4:28 am
EURCHF has been gradually trading higher, moving inside a shallow rising channel on its 1-hour time frame. Price is currently testing the top of the range at the 1.0900 major psychological level, which might hold as resistance....

GBPJPY Retracement Play (Sept 7, 2015)

by Kate Curtis | September 7, 2015 4:40 am
GBPJPY has been trending lower on its 1-hour time frame, with the 100 SMA treading below the longer-term 200 SMA and indicating that the selloff could continue. Price bounced off the support at the 180.50 minor psychological...

USD/JPY Forecast September 7, 2015, Technical Analysis

by FX Empire | September 5, 2015 7:22 am
The USD/JPY pair fell initially during the day on Friday, as the jobs number missed the anticipated 217,000 jobs added during the month of August. However, there were underlying factors that suggested perhaps the employment situation was...

USD/CAD Forecast September 7, 2015, Technical Analysis

by FX Empire | September 5, 2015 7:15 am
The USD/CAD pair initially fell during the course of the day on Friday, but found enough support near the 1.3150 level to turn things back around and form a nice hammer. The hammer matches the one that...

GBP/USD Forecast September 7, 2015, Technical Analysis

by FX Empire | September 5, 2015 7:12 am
The GBP/USD pair fell on Friday, as the market reacted to the jobs number. This market tested the 1.52 level for support and found it – kind of. With this though, it looks as if the market...

EUR/USD Forecast September 7, 2015, Technical Analysis

by FX Empire | September 5, 2015 7:07 am
The EUR/USD pair went back and forth during the course of the day on Friday, essentially settling on a neutral candle. With that being the case, the market looks as if we are simply banging around and...