EURUSD Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:10 am
After touching 1.0819 support, EURUSD rebounded from 1.0808, indicating that the pair remains in uptrend from 1.0462, and the price action in the trading range between 1.0819 and 1.1467 could be treated as consolidation of the uptrend....

USD/JPY Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:54 am
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to grind just below the 124 handle. With this, we feel that the market will eventually find enough support,...

USD/CAD Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:53 am
The USD/CAD pair initially fell during the session on Thursday, but found enough support near the 1.2950 level to turn things back around, and form a massive hammer. This hammer of course is a very bullish sign,...

GBP/USD Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:52 am
The GBP/USD pair initially rallied during the session on Thursday, testing the 1.57 region. However, we sold off rather drastically and crashed into the 1.55 handle. This is an area that we find very important, so we...

EUR/USD Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:51 am
The EUR/USD pair rose during the course of the session on Thursday, slamming into the 1.10 level. With that being the case, the market did test the significant resistance barrier. We feel that this market can break...

AUD/USD Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:50 am
The AUD/USD pair tried to rally during the course of the session on Thursday, but we pullback in order to find a shooting star for the daily candle. With this, we feel that the market will break...

EURGBP Trend Line Pullback (July 24, 2015)

by Kate Curtis | July 24, 2015 3:35 am
EURGBP has been trending lower on its 4-hour forex chart, with price moving below a descending trend line connecting the highs since May. Price looks ready to pull back to the trend line, which is in line...

USD/JPY Forecast July 23, 2015, Technical Analysis

by FX Empire | July 23, 2015 7:02 am
The USD/JPY pair broke higher during the course of the session on Wednesday, breaking above the 124 level during that session. With this, the market looks as if it could continue to go higher, but it is...

USD/CAD Forecast July 23, 2015, Technical Analysis

by FX Empire | July 23, 2015 7:01 am
The USD/CAD pair broke higher during the course of the session on Wednesday, clearing the 1.30 level again. With this, we believe that short-term pullbacks will continue to offer buying opportunities, but we do anticipate that we...

GBP/USD Forecast July 23, 2015 Technical Analysis

by FX Empire | July 23, 2015 7:00 am
The GBP/USD pair broke higher during the course of the session on Wednesday, but turned back around to form a shooting star. With that, we believe that this market will probably try to drift a little bit...