EUR/USD Forecast February 16, 2017, Technical Analysis

by FX Empire | February 16, 2017 6:07 am
The EUR/USD pair fell initially during the day on Wednesday, but found enough support of the 1.05 level to bounce and form a hammer. This of course is a bullish sign and I think that the market...

AUD/USD Forecast February 16, 2017, Technical Analysis

by FX Empire | February 16, 2017 6:06 am
The AUD/USD pair initially fell on Wednesday, but found enough support to turn things around and break out to a fresh, new high. Because of this, I think we’re going to try to reach towards the 0.7750...

USD/JPY Forecast February 13, 2017, Technical Analysis

by FX Empire | February 11, 2017 9:22 am
The USD/JPY pair initially tried to rally during the day on Friday, but continues to find resistance above. However, after the impulsive candle from Thursday, I believe that we will eventually break out to the upside. I’m...

USD/CAD Forecast February 13, 2017, Technical Analysis

by FX Empire | February 11, 2017 9:21 am
The USD/CAD pair broke down during the day on Friday, slicing through the 1.31 handle. The weekly candle looks a bit soft as well, so I think we are going to reach towards the 1.30 level underneath...

GBP/USD Forecast February 13, 2017, Technical Analysis

by FX Empire | February 11, 2017 9:19 am
The GBP/USD pair fell during the day on Friday, but found enough support underneath the 1.25 level to form a bit of a hammer. I believe that we are trying to make a stand here in the...

EUR/USD Forecast February 13, 2017, Technical Analysis

by FX Empire | February 11, 2017 9:17 am
The EUR/USD pair initially fell during the day on Friday, but found enough support to turn around and form a hammer. It is because of this I think we continue to grind back and forth with a...

AUD/USD Forecast February 13, 2017, Technical Analysis

by FX Empire | February 11, 2017 9:15 am
The AUD/USD pair rallied on Friday, testing the recent highs. I believe that there is a significant amount of resistance above, especially at the 0.7750 level. If we can break above there, the market will continue the...

USD/JPY Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:30 am
The USD/JPY pair broke higher during the day on Thursday, clearing the 112.50 level. A break above the top of the candle for the session well send this market looking towards the 115 handle. Pullbacks should continue...

USD/CAD Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:29 am
The US dollar went back and forth against the Canadian dollar during the Thursday session, testing the 1.31 level for support in finding it. I believe that if we can break above the top of the range...

GBP/USD Forecast February 10, 2017, Technical Analysis

by FX Empire | February 10, 2017 5:27 am
The British pound went back and forth during the day on Thursday, showing signs of volatility. It looks as the 1.25 level will continue to be supportive, so a break above the top of the candle should...