GBP/USD Forecast October 5, 2017, Technical Analysis

by FX Empire | October 5, 2017 7:08 am
The British pound rose slightly during the day on Wednesday, testing the 1.33 level for resistance. If we can break above there, the market should continue to go much higher, perhaps reaching towards the 1.35 level above....

EUR/USD Forecast October 5, 2017, Technical Analysis

by FX Empire | October 5, 2017 7:07 am
The EUR/USD pair rallied initially on Wednesday, but continues to find resistance above. I do think that eventually we go higher, but we need to break out to do so. It looks right now that the 1.1750...

AUD/USD Forecast October 5, 2017, Technical Analysis

by FX Empire | October 5, 2017 7:05 am
The Australian dollar has gone higher during the session on Wednesday, as we reached towards the 0.7870 level, and then pulled back. However, we have seen a lot of support just below, so I think that the...

USD/JPY Forecast October 4, 2017, Technical Analysis

by FX Empire | October 4, 2017 4:36 am
The US dollar initially tried to rally against the Japanese yen, but then rolled over at the 113.25 level. We dropped down to the 112.75 level, where we had seen a bit of support. I believe that...

USD/CAD Forecast October 4, 2017, Technical Analysis

by FX Empire | October 4, 2017 4:35 am
The US dollar rolled over against the Canadian dollar, reaching towards the 1.25 level on Tuesday. If we can break down below the 1.2450 level, the market should be very bearish, as it looks likely to show...

GBP/USD Forecast October 4, 2017, Technical Analysis

by FX Empire | October 4, 2017 4:34 am
The British pound went sideways overall during the day on Tuesday, showing signs of support near the 1.32 level. I believe that ultimately, we will probably bounce, but we will more than likely have a lot of...

EUR/USD Forecast October 4, 2017, Technical Analysis

by FX Empire | October 4, 2017 4:32 am
The EUR/USD pair initially fell on Tuesday, but broke above the 1.1750 level to continue higher. Ultimately, the market looks likely to find plenty of noise, and I think if we can break above the top of...

AUD/USD Forecast October 4, 2017, Technical Analysis

by FX Empire | October 4, 2017 4:31 am
The Australian dollar fell initially on Tuesday, but found enough support just below the 0.78 level to turn things around and rally. Once we did, we then found resistance at the 0.7825 level, as we continue to...

USD/JPY Forecast October 3, 2017, Technical Analysis

by FX Empire | October 3, 2017 10:12 am
The US dollar has been falling during the session on Monday, but has found a bit of support near the 112.50 level again. This is an area that has been both support and resistance as of late,...

USD/CAD Forecast October 3, 2017, Technical Analysis

by FX Empire | October 3, 2017 10:11 am
The US dollar rallied against the Canadian dollar initially during the session on Monday, reaching towards the 1.2525 handle. We did pullback a little bit later in the day though, as we continue to see quite a...