GBP/USD Forecast November 4, 2015, Technical Analysis

by FX Empire | November 4, 2015 6:12 am
The GBP/USD pair fell initially during the course of the session on Tuesday, but found enough support near the 1.5350 level to turn things back around and form a bit of a hammer. Because of this, it...

EUR/USD Forecast November 4, 2015, Technical Analysis

by FX Empire | November 4, 2015 6:12 am
The EUR/USD pair fell significantly during the course of the session on Tuesday, but there is an uptrend line just below that should continue to keep this market somewhat supported. With this, if we can break down...

AUD/USD Forecast November 4, 2015, Technical Analysis

by FX Empire | November 4, 2015 6:11 am
The AUD/USD pair initially fell during the day on Tuesday, testing the 0.7150 level. The market found enough buyers there to turn things back around and form a bit of a hammer though, so it looks as...

USD/JPY Forecast November 3, 2015, Technical Analysis

by FX Empire | November 3, 2015 7:32 am
The USD/JPY pair rose during the course of the day on Monday, as the 120 level continues offer a significant amount of support. We believe that this market ultimately will break out above the top of the...

USD/CAD Forecast November 3, 2015, Technical Analysis

by FX Empire | November 3, 2015 7:31 am
The USD/CAD pair broke higher during the course of the session on Monday, as we approached the 1.31 level. With this, the market looks as if it is ready to continue going higher. A break above the...

GBP/USD Forecast November 3, 2015, Technical Analysis

by FX Empire | November 3, 2015 7:28 am
The GBP/USD pair initially tried to rally during the course of the day on Monday but found the 1.55 level far too resistive to continue going higher. In fact, we did up pulling back enough to form...

EUR/USD Forecast November 3, 2015, Technical Analysis

by FX Empire | November 3, 2015 7:15 am
The EUR/USD pair initially tried to rally during the course of the day on Monday, but turned back around to form a bit of a shooting star. The shooting star courses negative, we have more than enough...

AUD/USD Forecast November 3, 2015 Technical Analysis

by FX Empire | November 3, 2015 7:04 am
The AUD/USD pair went back and forth during the course of the session on Monday, essentially doing nothing. This of course has a lot to do with the Rate Statement coming out of Australia today, which the market...

USDJPY Descending Triangle (Nov 3, 2015)

by Kate Curtis | November 3, 2015 6:48 am
USDJPY has been forming lower highs and testing support at the 120.50 minor psychological level, creating a descending triangle pattern visible on the short-term time frames. Price is on its way up to test the resistance again...

NZDCAD Rising Channel (Nov 2, 2015)

by Kate Curtis | November 2, 2015 4:39 am
NZDCAD has recently broken above a long-term double bottom formation, indicating that an uptrend is underway. Price is currently moving inside a rising channel on its 1-hour chart and is testing the support near the .8900 major...