USD/CAD Forecast October 4, 2016, Technical Analysis

by FX Empire | October 4, 2016 8:37 am
The USD/CAD pair initially fell during the day on Monday but turned right back around to form a nice-looking hammer. This was mainly due to the fact that the oil markets got a little bit of a...

GBP/USD Forecast October 4, 2016, Technical Analysis

by FX Empire | October 4, 2016 8:36 am
The GBP/USD pair broke down during the course of the session on Monday, slicing through the 1.2850 level. If we can break down below the bottom of the candle for the session, we should then be able...

AUD/USD Forecast October 4, 2016, Technical Analysis

by FX Empire | October 4, 2016 8:35 am
The EUR/USD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150...

AUD/USD Forecast October 4, 2016, Technical Analysis

by FX Empire | October 4, 2016 8:34 am
The AUD/USD pair broke higher during the course of the session on Monday, but gave back more than half of the gains from the early part of the session. With this being the case, the market looks...

GBPJPY Triangle Support (Oct 04, 2016)

by Kate Curtis | October 4, 2016 6:02 am
GBPJPY has been selling off recently but is currently testing support at the descending triangle pattern visible on its 4-hour chart. Price seems to have found a floor at the 130.00 major psychological level and could be...

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by ForexCycle.com | October 4, 2016 1:45 am
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USDJPY Daily Analysis – October 4, 2016

by ForexCycle.com | October 4, 2016 1:40 am
USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 104.31 had completed at 100.08 already. Further rally could be expected, and next target would be at 104.00 zone. Support levels are...

AUDUSD Daily Analysis – October 4, 2016

by ForexCycle.com | October 4, 2016 1:39 am
AUDUSD remains in uptrend from 0.7441, the fall from 0.7710 is likely consolidation of the uptrend. Further rise is possible after consolidation, and next target would be at 0.7900 area. Key support is at 0.7589, only break...

GBPUSD Daily Analysis – October 4, 2016

by ForexCycle.com | October 4, 2016 1:38 am
GBPUSD broke below 1.2865 (Aug 15 low) support, and is now facing 1.2795 (Jul 6 low) support. A breakdown below this level will indicate that the long term downtrend from 1.5016 (Jun 24 high) has resumed, then...

EURUSD Daily Analysis – October 4, 2016

by ForexCycle.com | October 4, 2016 1:38 am
EURUSD remains in short term downtrend from 1.1279. Another fall to test 1.1123 support is still possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 (Aug 18 high) has resumed,...