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...

AUD/USD Forecast September 7, 2015, Technical Analysis

by FX Empire | September 5, 2015 7:04 am
The AUD/USD pair initially tried to rally during the course of the session on Friday, and pulled back from the 0.70 level. Ultimately, the market should continue to go lower though, and as a result we are...

GBPUSD Long-Term Range (Sept 4, 2015)

by Kate Curtis | September 4, 2015 5:54 pm
GBPUSD has been selling off on the short-term charts but is currently approaching the bottom of the range visible on the daily time frame. Price could bounce off the floor around the 1.5100-1.5200 levels, which have held...

USD/JPY Forecast September 4, 2015, Technical Analysis

by FX Empire | September 4, 2015 5:51 am
The USD/JPY pair fell during the course of the session on Thursday, testing the 120 handle. However, we had enough support at that area to turn the market back around and keep the market somewhat afloat. With...

USD/CAD Forecast September 4, 2015, Technical Analysis

by FX Empire | September 4, 2015 5:51 am
The USD/CAD pair initially fell during the day on Thursday, but found enough support near the 1.31 level to turn things back around and form a hammer. With that being the case, the market looks as if...