GBP/USD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 5:59 am
  During the trading session on Thursday, we initially fell to the 1.3333 level, but then bounced rather significantly from this massive area of importance, especially due to not only structural support, but the agreement on the...

EUR/USD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 5:58 am
  The EUR/USD pair went back and forth during the trading session on Thursday, bouncing around the 1.18 level. At this point, I suspect that the market is going to try to form some type of base,...

AUD/USD Price Forecast December 8, 2017, Technical Analysis

by FX Empire | December 8, 2017 5:57 am
  This pair could be interesting, because if the US dollar strengthens due to strong jobs reporting, we could see this market break down below the 0.75 handle, which I see as massive support. A breakdown below...

USD/JPY Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 9:00 am
  The US dollar rallied against the Japanese yen was perhaps in reaction to the US Congress looking likely to pass tax reform. That of course will be good for the United States economy, and of course...

GBP/USD Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 8:56 am
  The British pound continues to be very volatile, dropping after Teresa May said that there was no agreement between the UK and the EU yet. However, she remained upbeat, and eventually they will make some type...

EUR/USD Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 8:55 am
  The EUR/USD pair rolled over a bit during the trading session on Tuesday, as we went looking towards the 1.18 level underneath. This is an area that has been supportive in the past several sessions, and...

AUD/USD Price Forecast December 6, 2017, Technical Analysis

by FX Empire | December 6, 2017 8:54 am
  The Australian dollar rallied significantly during the trading session on Tuesday, but found the 0.7650 level to be resistance, as it was once support. By doing so, the market rolled over from there and reach down...

USD/JPY Price Forecast December 5, 2017, Technical Analysis

by FX Empire | December 5, 2017 5:19 am
  By gapping initially on the Monday session, this signified what I had been suspecting all along: that the US dollar is moving mainly upon tax reform expectations, and nowhere with this be more important than the...

USD/CAD Price Forecast December 5, 2017, Technical Analysis

by FX Empire | December 5, 2017 5:15 am
  The US dollar fell slightly against the Canadian dollar during the Monday session, but as we are in an area that has been supportive in the past, one has to think whether we are starting to...