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

by FX Empire | December 5, 2017 5:14 am
  The GBP/USD pair initially gapped lower at the open on Monday, and then bounced enough to slam into the 1.35 handle. We pulled back from there to test the 1.3425 level underneath, and then exploded to...

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

by FX Empire | December 5, 2017 5:11 am
  As we opened the trading session on Monday, we obviously gapped lower in favor the US dollar during Asian trading, perhaps in reaction to the tax bill making significant gains through the US Senate. Ultimately, the...

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

by FX Empire | December 5, 2017 5:08 am
  The Australian dollar gap lower at the open on Monday, signaling that traders were starting to become a bit more excited about tax reform in the United States, but since then we have bounced to fill...

USD/JPY Price Forecast December 4, 2017, Technical Analysis

by FX Empire | December 2, 2017 6:05 am
During the Friday session, the USD/JPY pair was very noisy in general. However, what really got things moving was when General Flynn suggested that he was willing to testify against the White House and the Russian broke....

USD/CAD Price Forecast December 4, 2017, Technical Analysis

by FX Empire | December 2, 2017 6:03 am
The US dollar fell rather significantly against the Canadian dollar during Friday’s trading session, breaking down towards the 1.27 handle. A breakdown below that level probably sends this market looking for the 1.25 level, and part of...

GBP/USD Price Forecast December 4, 2017, Technical Analysis

by FX Empire | December 2, 2017 6:01 am
The GBP/USD pair initially fell during the trading session on Friday, reaching below the 1.35 handle again. Quite frankly, I liked seeing this, as a give us an opportunity to pick up a little bit of value....

EUR/USD Price Forecast December 4, 2017, Technical Analysis

by FX Empire | December 2, 2017 5:45 am
The EUR/USD pair initially fell during the trading session on Friday, reaching down towards the 1.1850 level before bouncing significantly. As we are approaching the end of the trading session for Europe, the market is rallying significantly,...

AUD/USD Price Forecast December 4, 2017, Technical Analysis

by FX Empire | December 2, 2017 5:44 am
The Australian dollar initially went sideways during the session on Friday, reaching towards the 0.76 level before pulling back. However, we then found quite a bit of bullish pressure as General Flynn suggested that he was willing...

USD/JPY Price Forecast December 1, 2017, Technical Analysis

by FX Empire | December 1, 2017 6:35 am
The US dollar has been very volatile against the Japanese yen during Thursday trading, but as you can see we have rallied, pulled back, formed an hourly hammer, and then rallied again. I think that if we...

USD/CAD Price Forecast December 1, 2017, Technical Analysis

by FX Empire | December 1, 2017 6:33 am
The US dollar rallied significantly during the day, and then pulled back to test the lows of the session again, and then rallied again on Thursday to break above the 1.29 handle. If we can continue the...