GBP/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:13 am
The GBP/USD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle. With this, it looks like we are going to test the...

EUR/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:12 am
The EUR/USD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement. Because of this, the market looks as if it has a proclivity to go higher over the longer term, so having that...

AUD/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:09 am
The AUD/USD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point. This is a market that has plenty of support below though, especially at the 0.75 handle. With...

USD/JPY Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:07 am
The USD/JPY pair initially fell during the course of the session on Tuesday but turn right back around to form a significantly bullish candle. That being the case, the market looks as if it is going to...

USD/CAD Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:06 am
The USD/CAD pair fell during the day on Tuesday, as we continue to press the 1.26 level below. That’s an area that causes support, but given enough time we should break down below in order to find...

GBP/USD Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:06 am
The GBP/USD pair broke above the 1.45 level significantly during the day on Tuesday, which is exactly what we have been waiting for here at FX Empire as a sign of bullish momentum in the British pound...

EUR/USD Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:04 am
The EUR/USD pair initially tried to rally during the day on Tuesday, but pullback in order to form a relatively benign candle. That being the case, looks as if the market could drop from here but we...

AUD/USD Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:03 am
The AUD/USD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains. This is a relatively weak looking candle, and with that being the case it looks as...

NZDUSD Bullish Divergence (Apr 27, 2016)

by Kate Curtis | April 27, 2016 2:26 am
NZDUSD has been trending higher and moving inside an ascending channel on its 4-hour chart. Price is currently bouncing off the channel support around the .6800 major psychological level and might be due for a climb to...

USD/JPY Forecast April 26, 2016, Technical Analysis

by FX Empire | April 26, 2016 6:08 am
The USD/JPY pair initially fell during the course of the day on Monday, but turned back around to form a hammer. The hammer of course is a very bullish sign, so it looks like we will continue...