GBP/USD Forecast September 3, 2015, Technical Analysis

by FX Empire | September 3, 2015 6:29 am
The GBP/USD pair fell during the bulk of the session on Wednesday, but found enough support near the 1.5250 level to turn things back around and form a nice-looking hammer. The hammer of course suggests that the...

EUR/USD Forecast September 3, 2015, Technical Analysis

by FX Empire | September 3, 2015 6:29 am
The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to go back and forth and simply grind away. With this, the market looks very tight and as a result we...

AUD/USD Forecast September 3, 2015, Technical Analysis

by FX Empire | September 3, 2015 6:28 am
The AUD/USD pair fell during the course of the session on Wednesday, testing the 0.70 level for support. We ultimately formed a hammer here, so we feel that a break above the top of the hammer is...

AUDCAD Correction Play (Sept 3, 2015)

by Kate Curtis | September 3, 2015 6:07 am
AUDCAD recently broke below the support around the .9400-.9425 area and dipped to a low of .9250. From there, price bounced and showed signs of a potential pullback to the broken support zone, which might now hold...

USD/JPY Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:43 am
The USD/JPY pair fell during the course of the session on Tuesday, breaking below the 120 level at one point. However, we would anticipate the buyers should come back into this marketplace, so if we are going...

USD/CAD Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:42 am
The USD/CAD pair initially broke higher during the course of the session on Tuesday, but found enough resistance above to turn things back around and form a shooting star. This will be interesting to pay attention to,...

GBP/USD Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:41 am
The GBP/USD pair broke down during the course of the day on Tuesday, breaking the bottom of two hammers from previous trading, and as a result the market looks as if it is going to continue going...

EUR/USD Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:40 am
The EUR/USD pair rose slightly during the course of the session on Tuesday, as the 1.13 level has offered support. Ultimately, this market should then head to the 1.15 level given enough time. However, we need to...

AUD/USD Forecast September 2, 2015, Technical Analysis

by FX Empire | September 2, 2015 6:40 am
The AUD/USD pair fell significantly during the course of the session on Tuesday, breaking down to a fresh, new low. However, the 0.70 level below is a large, round, psychologically significant number. Because of this, the market...

EURGBP Range Resistance (Sept 2, 2015)

by Kate Curtis | September 2, 2015 3:03 am
EURGBP is still moving inside its range on the 4-hour time frame, currently testing the resistance at the .7400 major psychological level. An upside break might be possible since stochastic is climbing while the 100 SMA just...