AUD/USD Forecast January 23, 2017, Technical Analysis

by FX Empire | January 21, 2017 7:30 am
The AUD/USD pair went back and forth during the day on Friday, as we continue to see support at the 0.75 handle underneath. If we can break down below there, the market will go much lower but...

USD/JPY Forecast January 20, 2017, Technical Analysis

by FX Empire | January 20, 2017 6:18 am
The USD/JPY pair broke higher on Thursday, clearing the 115 handle again. This looks as if it is a sign that the market is going to continue to go to the upside, and thus we will reach...

USD/CAD Forecast January 20, 2017, Technical Analysis

by FX Empire | January 20, 2017 6:18 am
The USD/CAD pair broke out to the upside, slicing through the previous uptrend. The massive green candle suggests that we are going to continue to see quite a bit of volatility. If we can break above the...

GBP/USD Forecast January 20, 2017, Technical Analysis

by FX Empire | January 20, 2017 6:17 am
The GBP/USD para rallied a bit during the session on Thursday, as we continue to grind sideways overall. At this point, it looks as if the markets are trying to figure out where to go next, but...

EUR/USD Forecast January 20, 2017, Technical Analysis

by FX Empire | January 20, 2017 6:15 am
The EUR/USD pair initially tried to rally during the day on Thursday, but turned around to show signs of weakness. The 50-day exponential moving average is now looking to offer resistance, this being the case, the market...

AUD/USD Forecast January 20, 2017, Technical Analysis

by FX Empire | January 20, 2017 6:14 am
The Australian dollar rallied on Thursday, showing that the 0.75 level as support. As we continue to grind back and forth just above the 0.75 level again as we see so much in the way of volatility...

USD/JPY Forecast January 19, 2017, Technical Analysis

by FX Empire | January 19, 2017 6:11 am
The US dollar bounced a bit against the Japanese yen, but gave back some of the gains towards the end of the session. Given enough time, I think we get a supportive daily candle, but I don’t...

USD/CAD Forecast January 19, 2017, Technical Analysis

by FX Empire | January 19, 2017 6:10 am
The USD/CAD pair rallied on Wednesday, as the 1.30 level should continue to be supportive. If we bounce from here, I think it’s only a matter of time before the sellers get involved again. Alternately though, if...

GBP/USD Forecast January 19, 2017, Technical Analysis

by FX Empire | January 19, 2017 6:09 am
The British pound fell on Wednesday, but found enough support near the 1.2250 level to form a slightly supportive looking candle. The 1.25 level above is massively resistive, so I think somewhere near that area the sellers...

EUR/USD Forecast January 19, 2017, Technical Analysis

by FX Empire | January 19, 2017 6:08 am
The EUR/USD pair initially fell during the day on Wednesday, testing the 50-day exponential moving average. By doing so, looks as if we are going to try to reach towards 1.0750 level above, which I think is...