USD/CAD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:53 am
The USD/CAD pair initially fell during the day on Wednesday but turned back around to form a very bullish candle as we charged towards the 1.32 handle. With this, we feel that the market is trying to...

GBP/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:51 am
The GBP/USD pair initially broke higher during the course of the day on Wednesday, but found enough resistance above the turn things back around and form a bit of a shooting star. The shooting star is of...

EUR/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:50 am
The EUR/USD pair broke higher during the course of the day on Wednesday after initially touching the support level just above the 1.10 handle that we had seen during Tuesday’s trading. With this, it appears that the...

AUD/USD Forecast August 20, 2015, Technical Analysis

by FX Empire | August 20, 2015 6:48 am
The AUD/USD pair initially broke higher during the course of the session on Wednesday, but found enough resistance near the 0.74 level to turn things back around. With that being the case, the market ended up forming...

AUDJPY Potential Breakout (Aug 20, 2015)

by Kate Curtis | August 20, 2015 5:31 am
AUDJPY has been consolidating inside an ascending triangle for a while and is currently testing the bottom of the pattern. A bounce off support might take place since stochastic is moving up from the oversold area and...

EURJPY Resistance Turned Support (Aug 19, 2015)

by Kate Curtis | August 19, 2015 7:53 am
EURJPY recently broke past the resistance at the 137.00 major psychological level then moved close to the 139.00 mark. From there, the pair retreated to test the broken resistance near the 50% Fibonacci retracement level.   Stochastic...

USD/JPY Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:27 am
The USD/JPY pair initially fell during the course of the session on Tuesday, but found support yet again and formed a nice-looking hammer. This hammer of course is a signal that we are going to continue to...

USD/CAD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:25 am
The USD/CAD pair initially tried to rally on Tuesday, but turned back around to form a shooting star. Because of this we feel that the market is going to pull back a little bit and look for...

GBP/USD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:25 am
The GBP/USD pair initially tried to rally during the day on Tuesday, but as you can see ran into quite a bit of trouble once we got to the 1.57 region. Because of this, it looks like...

EUR/USD Forecast August 19, 2015, Technical Analysis

by FX Empire | August 19, 2015 6:22 am
The EUR/USD pair fell during the day on Tuesday, reaching down towards the 1.10 handle. This is an area that has been the middle of the larger consolidation area lately, and we feel that could offer a...