GBP/USD Forecast August 3, 2016, Technical Analysis

by FX Empire | August 3, 2016 8:31 am
The GBP/USD pair rose during the course of the session on Tuesday, now looking to reach towards the top of the consolidation area. The 1.35 level continues to be massively resistive above though, so I’m simply waiting...

EUR/USD Forecast August 3, 2016, Technical Analysis

by FX Empire | August 3, 2016 8:30 am
The EUR/USD pair did have a bullish day during the day on Tuesday, breaking above the 1.12 level. While this is a bullish sign, the reality is that it’s not until we get above the previous uptrend...

AUD/USD Forecast August 3, 2016, Technical Analysis

by FX Empire | August 3, 2016 8:29 am
The AUD/USD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle. After the interest-rate announcement and statement, it appears that the...

GBPUSD Triangle Breakout (Aug 03, 2016)

by Kate Curtis | August 3, 2016 4:53 am
GBPUSD was previously consolidating inside a symmetrical triangle pattern on its 1-hour time frame before price decided to go for an upside breakout. This signals that buyers are taking control of price action and are ready to...

USD/JPY Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:45 am
The USD/JPY pair did nothing during the day on Monday, as we continue to hover just above the 102 level. With this being the case I think that the market will continue to try to find support...

USD/JPY Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:45 am
The USD/JPY pair did nothing during the day on Monday, as we continue to hover just above the 102 level. With this being the case I think that the market will continue to try to find support...

USD/CAD Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:45 am
The USD/CAD pair initially tried to fall during the course of the session on Monday, but then turned right back around to form a very bullish candle. With this being the case, we can break above the...

GBP/USD Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:44 am
The GBP/USD pair went back and forth during the course of the day on Monday, showing signs of confusion. With this being the case, the market looks as if it is going to continue to consolidate sideways,...

EUR/USD Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:43 am
The EUR/USD pair went back and forth during the course of the session on Monday, testing the 1.12 level for resistance. This being the case, it’s likely that we will find sellers, but at this point in...

AUD/USD Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:42 am
The AUD/USD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star. However, we have an interest rate decision coming out...