GBP/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:03 am
The British pound struggle during the Thursday session, as we had initially rallied, but then broke down significantly. We cleared the 1.32 level to the downside, showing signs of significant weakness. Because of this, the market tested...

EUR/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:02 am
The EUR/USD pair initially tried to rally on Thursday, but rolled over as we approached the 1.1880 level. The market then pulls back to the 1.1850 level, and after breaking above the 1.18 level is a very...

AUD/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:01 am
The Australian dollar rallied significantly during the Thursday session, as we finally broke above the 0.78 level it had been giving us some many issues. We pulled back a bit, but are starting to see buyers yet...

USD/JPY Forecast October 10, 2017, Technical Analysis

by FX Empire | October 10, 2017 7:41 am
The US dollar rallied slightly against the Japanese yen on Monday, as we are grinding a bit, trying to form a base at the 112.50 level again. I think there is a significant amount of support just...

USD/CAD Forecast October 10, 2017, Technical Analysis

by FX Empire | October 10, 2017 7:40 am
The US dollar went sideways in general during the day on Monday, trying to break above the 1.2550 level. By doing so, the market looks likely to continue to try to reach towards the upside, but I...

GBP/USD Forecast October 10, 2017, Technical Analysis

by FX Empire | October 10, 2017 7:38 am
The British pound initially rallied against the US dollar on Monday, but found a lot of trouble near the 1.32 level. We pulled back, and it looks as if were going to try to test the 1.31...

EUR/USD Forecast October 10, 2017, Technical Analysis

by FX Empire | October 10, 2017 7:37 am
The EUR/USD pair was somewhat choppy during the day on Monday, as we continue to bounce around the 1.1750 level. If we can break out to the upside, the market should then go to the 1.18 level...

AUD/USD Forecast October 10, 2017, Technical Analysis

by FX Empire | October 10, 2017 7:36 am
The Australian dollar rolled over a bit on Monday, testing the 0.7750 level again. This was the scene of major resistance in the past, so I assume that there should be a significant amount of support in...

USD/JPY Forecast October 9, 2017, Technical Analysis

by FX Empire | October 8, 2017 1:24 am
The US dollar exploded to the upside during the trading session on Friday after the jobs number came out a bit mixed. Ultimately, most traders will ignore the jobs number anyway, mainly because of the effect of...

USD/CAD Forecast October 9, 2017, Technical Analysis

by FX Empire | October 8, 2017 1:23 am
The US dollar shot higher against the Canadian dollar initially during the trading session on Friday, but rolled over to reach towards the 1.2550 level as the jobs number is favored Canada. However, American job numbers were...