USD/CAD Forecast February 8, 2016, Technical Analysis

by FX Empire | February 7, 2016 5:11 am
The USD/CAD pair broke higher during the course of the day on Friday, clearing the top of the hammer from Thursday. This is a very bullish sign, and the fact that it was at the 50% Fibonacci...

GBP/USD Forecast February 8, 2016, Technical Analysis

by FX Empire | February 7, 2016 5:11 am
The GBP/USD pair fell a bit during the course of the session on Friday, but did get back some of the losses by the time we closed. It appears that the market needs to break above the...

EUR/USD Forecast February 8, 2016, Technical Analysis

by FX Empire | February 7, 2016 5:10 am
The EUR/USD pair fell during the day on Friday, as the market had quite a bit of volatility. After all, the jobs number missed, but we still have quite a bit of support at the 1.1050 level...

AUD/USD Forecast February 8, 2016, Technical Analysis

by FX Empire | February 7, 2016 5:05 am
The AUD/USD pair broke down and below the bottom of the shooting star from the previous session on Friday. This is a very negative sign, and as a result it looks as if the market is ready...

USD/JPY Forecast February 5, 2016, Technical Analysis

by FX Empire | February 5, 2016 7:52 am
The USD/JPY pair broke down during the session on Thursday, as we are starting to slice through the last vestiges of support. Quite frankly, there is a hammer from a couple of weeks back that if we...

USD/CAD Forecast February 5, 2016, Technical Analysis

by FX Empire | February 5, 2016 7:51 am
The USD/CAD pair broke down during the course of the day on Thursday, dipping all the way down to roughly the 1.36 handle. Because of this, we look very negative at one point but by the end...

GBP/USD Forecast February 5, 2016, Technical Analysis

by FX Empire | February 5, 2016 7:50 am
The GBP/USD pair had a volatile session on Thursday, but ultimately pull back a little bit to form a somewhat neutral candle. The momentum ran out, but that’s not a huge surprise considering that today is Nonfarm...

EUR/USD Forecast February 5, 2016, Technical Analysis

by FX Empire | February 5, 2016 7:49 am
The EUR/USD pair broke higher during the course of the day on Thursday, as we have completely cleared the previous resistance barrier for the consolidation area. With that being the case, the market looks as if it...

AUD/USD Forecast February 5, 2016, Technical Analysis

by FX Empire | February 5, 2016 7:48 am
The AUD/USD pair rallied during the session on Thursday but pullback enough to form a bit of a shooting star. The shooting star sits right at the 0.72 handle, and of course the previous uptrend. Because of...

USDCAD Long-Term Uptrend (Feb 5, 2016)

by Kate Curtis | February 5, 2016 3:57 am
USDCAD has been selling off lately but it is closing in on the rising trend line visible on the daily time frame. Price could make a test of the 1.3500-1.3600 support area, which is in line with...