EUR/USD Forecast February 22, 2017, Technical Analysis

by FX Empire | February 22, 2017 8:19 am
The EUR/USD pair fell during the day on Tuesday, reaching towards the 1.05 level, an area that I think should cause quite a bit of support. If we can break down below there though, the market could...

AUD/USD Forecast February 22, 2017, Technical Analysis

by FX Empire | February 22, 2017 8:17 am
The AUD/USD pair fell on Tuesday, but found enough support near the 0.7650 level to turn things around to form a hammer. The hammer of course is a very bullish sign, and if we can break above...

USD/JPY Forecast February 21, 2017, Technical Analysis

by FX Empire | February 21, 2017 9:03 am
The USD/JPY pair rallied a bit during the day on Friday, but the markets were quiet in general. The 112.50 level looks to be the beginning of significant support, and if we can break above the top...

USD/CAD Forecast February 21, 2017, Technical Analysis

by FX Empire | February 21, 2017 9:02 am
The USD/CAD pair had a volatile session on Monday, as the 1.31 level offered enough resistance to keep the market fairly flat. This makes a lot of sense as US banks were closed for Presidents’ Day, so...

GBP/USD Forecast February 21, 2017, Technical Analysis

by FX Empire | February 21, 2017 9:01 am
The GBP/USD pair rallied on Monday, slamming towards the 1.25 resistance barrier. If we can break above the 1.2550 level, I think that the market will continue to reach towards the 1.27 level. Pullbacks continue to find...

EUR/USD Forecast February 21, 2017, Technical Analysis

by FX Empire | February 21, 2017 9:00 am
The EUR/USD pair rallied a bit during the day on Monday, but we remain relatively choppy in this area, so I believe that the 50-day exponential moving average could offer resistance, and push this market back towards...

AUD/USD Forecast February 21, 2017, Technical Analysis

by FX Empire | February 21, 2017 8:59 am
The AUD/USD pair initially fell on Monday, but found enough bullish pressure at the 0.7650 level to show signs of continuation in the uptrend. The market should then reach towards the 0.7750 level. That area continues to...

USD/JPY Forecast February 20, 2017, Technical Analysis

by FX Empire | February 19, 2017 1:47 am
The USD/JPY pair fell during the day on Friday, testing the 112.50 level for support. However, I think there’s enough support just below that eventually this market will bounce and reach towards the 115 handle. I think...

USD/CAD Forecast February 20, 2017, Technical Analysis

by FX Empire | February 19, 2017 1:46 am
The USD/CAD pair broke above the top of the hammer from the Thursday session during Friday, attempting to break out to the upside. If we can break above the top of the range for the Friday session,...

GBP/USD Forecast February 20, 2017, Technical Analysis

by FX Empire | February 19, 2017 1:45 am
The GBP/USD pair fell during the day on Friday, but found enough support at the 1.24 level to turn things around and show signs of life. The 1.24 level should be supportive, and as a result this...