GBP/USD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:08 am
The GBP/USD pair fell slightly during the course of the session on Friday, as we collected some of the gains from the Thursday session. Ultimately though, we recognize that the market had a very bullish run recently,...

EUR/USD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:08 am
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance. On top of that, the 1.10 level above is a large,...

AUD/USD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:07 am
The AUD/USD pair went back and forth during the course of the day on Friday, testing the 0.74 level. We ultimately pulled back to form a bit of a neutral candle, but the range is getting wider...

GBPAUD Trend Line Correction (Dec 4, 2015)

by Kate Curtis | December 4, 2015 6:04 am
GBPAUD has been on a steady downtrend but just enjoyed a nice pop higher after the release of today’s set of data from Australia and the UK. This opens the possibility of a correction to the trend...

USD/JPY Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:50 am
The USD/JPY pair fell apart during the day on Thursday as we sell broad US dollar selling. However, this was predicated mainly upon the European Central Bank not offering as much stimulus as anticipated, and as a...

USD/CAD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:50 am
The USD/CAD pair tried to rally during the course of the day on Thursday, but turned back around to give up about half of the gains. Ultimately though, the thing that we know about this particular pair...

GBP/USD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:49 am
The GBP/USD pair initially fell during the day on Thursday but then shot right through the 1.50 level like it wasn’t even there. As we started to close towards the end of the day, we are starting...

EUR/USD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:49 am
The EUR/USD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle. This was in reaction to...

AUD/USD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:48 am
The AUD/USD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar. We are approaching the 0.74 level though, and that is an area that...

AUDUSD Ascending Trend Line (Dec 3, 2015)

by Kate Curtis | December 3, 2015 7:19 am
AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of...