AUD/USD Forecast January 11, 2017, Technical Analysis

by FX Empire | January 11, 2017 5:29 am
The Australian dollar initially fell on Tuesday but found buyers below to start pushing higher again. We are currently testing the 0.74 handle, and now looks as if the upward momentum could continue. However, I see a...

USD/JPY Forecast January 10, 2017, Technical Analysis

by FX Empire | January 10, 2017 6:47 am
The USD/JPY pair initially tried to rally on Monday but turned around and found quite a bit of bearish pressure. I believe that the 115 level below will be massively supportive though, and act as a floor....

USD/CAD Forecast January 10, 2017, Technical Analysis

by FX Empire | January 10, 2017 6:46 am
The USD/CAD pair went back and forth on Monday, as we continue to see quite a bit of volatility in the oil markets. That obviously has a significant amount of influence on this market, and because of...

GBP/USD Forecast January 10, 2017, Technical Analysis

by FX Empire | January 10, 2017 6:45 am
The GBP/USD pair fell again on Tuesday, breaking down to make a fresh, new low. Although we did bounce towards the end of the session, I think this clearly suggests that we are going to make a...

EUR/USD Forecast January 10, 2017, Technical Analysis

by FX Empire | January 10, 2017 6:44 am
The EUR/USD pair had a positive reaction to testing the 1.05 level, forming a green candle. By doing so, looks as we continue to see lots of volatility but I still think that the 1.07 level above...

AUD/USD Forecast January 10, 2017, Technical Analysis

by FX Empire | January 10, 2017 6:43 am
The AUD/USD pair bounced off the 0.73 level during the session on Monday, showing signs of massive support. By doing so, the market looks as if it is ready to continue trying to rally, but given enough...

USD/JPY Forecast January 6, 2017, Technical Analysis

by FX Empire | January 6, 2017 6:47 am
The USD/JPY pair fell significantly during the day on Thursday, reaching towards the 115 handle. That level should be support, as it was once resistance. Ultimately, we are in a nice uptrend and should see support all...

USD/CAD Forecast January 6, 2017, Technical Analysis

by FX Empire | January 6, 2017 6:46 am
The USD/CAD pair fell hard on Thursday, as we continue to see quite a fair amount of negative pressure in this market. However, I see quite a bit of support on the uptrend line that we have...

GBP/USD Forecast January 6, 2017, Technical Analysis

by FX Empire | January 6, 2017 6:45 am
The British pound rallied again against the US dollar, after initially falling. This is a very bullish looking candle that we have an uptrend line from the previous trend just above, and it coincides nicely with the...

EUR/USD Forecast January 6, 2017, Technical Analysis

by FX Empire | January 6, 2017 6:44 am
The EUR/USD pair rallied on Thursday, as we broke above the 1.05 level. In fact, the Euro looks rather strong, but I recognize that the 1.07 level above as a bit of a “ceiling” in this market,...