GBP/USD Price Forecast November 17, 2017, Technical Analysis

by FX Empire | November 17, 2017 5:17 am
The British pound has been very choppy during the trading session on Thursday, dropping down to the 1.3130 level, and then bouncing towards the 1.32 handle. I believe that this will continue to be how the market...

EUR/USD Price Forecast November 17, Technical Analysis

by FX Empire | November 17, 2017 5:16 am
The EUR/USD pair has been choppy over the last several sessions, but it looks as if we are trying to roll over and continue the bearish pressure that had been so obvious late during the trading session...

AUD/USD Price Forecast November 17, 2017, Technical Analysis

by FX Empire | November 17, 2017 5:14 am
The Australian dollar has been extraordinarily choppy during the trading session on Thursday, as we dance around the 0.76 handle. If we can break above there, I think we will test the 0.7650 level, but would expect...

USD/JPY Price Forecast November 16, 2017, Technical Analysis

by FX Empire | November 16, 2017 6:32 am
The US dollar fell rather significantly against the Japanese yen during the trading session on Wednesday, reaching down to the previous downtrend line of the downtrend in channel, an area that I had suspected would be support....

USD/CAD Prince Forecast November 16, 2017, Technical Analysis

by FX Empire | November 16, 2017 6:31 am
The US dollar initially pulled back during the trading session on Wednesday, reaching towards the 1.27 level, but bouncing from there to show signs of resiliency. We have since broken to the 1.28 level above, which will...

GBP/USD Price Forecast November 16, 2017, Technical Analysis

by FX Empire | November 16, 2017 6:29 am
The British pound was very volatile in general during the day on Wednesday, bouncing around the 131.70 level. The market has filled the gap from several sessions ago, and I think now we have a lot of...

EUR/USD Price Forecast November 16, 2017, Technical Analysis

by FX Empire | November 16, 2017 6:26 am
The EUR/USD pair rallied a bit during the day on Wednesday, reaching towards the 1.1850 level above. However, we rolled over from there and it looks as if were going to form some type a shooting star...

AUD/USD Price Forecast November 16, 2017, Technical Analysis

by FX Empire | November 16, 2017 6:23 am
The Australian dollar fell significantly during the trading session on Wednesday, breaking down to the 0.7575 handle. We bounced from there, but found enough resistance at the previous support level to turn things around and fall significantly....

USD/JPY Price Forecast November 15, 2017, Technical Analysis

by FX Empire | November 15, 2017 5:59 am
The US dollar initially tried to rally during the session on Tuesday, but found significant resistance at the 113.90 level. By pulling back, we reached towards the 113.50 level, finding support yet again. Ultimately, the market looks...

USD/CAD Price Forecast November 15, 2017, Technical Analysis

by FX Empire | November 15, 2017 5:58 am
The US dollar initially fell against the Canadian dollar, but found enough support at the 1.27 level II bounce significantly. By forming a hammer on the hourly chart, we then broke towards the upside, reaching towards the...