GBP/USD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:46 am
The British pound gapped higher against the US dollar at the open on Monday. We then fell almost immediately to fill that gap, and have since bounced from that level to reach the highs again. I believe...

EUR/USD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:44 am
The EUR/USD pair gapped higher at the open on Monday, but then pulled back to fill that gap almost immediately. Now that we have fill that gap and continue to go higher, I think that the market...

AUD/USD Forecast August 29, 2017, Technical Analysis

by FX Empire | August 29, 2017 4:43 am
The AUD/USD pair gapped lower at the open on Monday, but then fill the gap and continue to go higher. However, I think the 0.80 level above offers a significant amount of resistance, and will take several...

USD/JPY Forecast August 28, 2017, Technical Analysis

by FX Empire | August 26, 2017 5:55 am
The US dollar initially went sideways on Friday, but then broke down against the Japanese yen as Janet Yellen gave a somewhat dovish speech in Wyoming. Because of this, I think that the market is going to...

USD/CAD Forecast August 28, 2017, Technical Analysis

by FX Empire | August 26, 2017 5:54 am
The US dollar drifted lower against the Canadian dollar, and then rallied. However, as Janet Yellen started speaking in Wyoming, the market broke below the 1.25 level again. Because of this, it looks likely that the market...

GBP/USD Forecast August 28, 2017, Technical Analysis

by FX Empire | August 26, 2017 5:53 am
The GBP/USD pair gained rapidly during the day as Janet Yellen started giving her speech in Wyoming. We have broken above the 1.2850 level, and looked likely to test the 1.29 handle. That’s an area that could...

EUR/USD Forecast August 20, 2017, Technical Analysis

by FX Empire | August 26, 2017 5:52 am
The EUR/USD pair shot higher during the day on Friday as Janet Yellen gave a somewhat dovish speech. Because of this, it’s likely that we will continue to see some bullish pressure, as we have made a...

AUD/USD Forecast August 28, 2017, Technical Analysis

by FX Empire | August 26, 2017 5:51 am
The Australian dollar exploded to the upside as Janet Yellen gave her speech on Friday. The 0.79 level has even offered support on the short-term pullback, so I believe that the market is going to go looking...

USD/JPY Forecast August 25, 2017, Technical Analysis

by FX Empire | August 25, 2017 6:01 am
The USD/JPY rose on Thursday, reaching towards the 109.50 level. However, we turned around based upon a few random tweets from the president, as people begin to worry about budget issues in the United States. This is...

USD/CAD Forecast August 25, 2017, Technical Analysis

by FX Empire | August 25, 2017 6:00 am
The US dollar fell against the Canadian dollar again on Thursday, reaching towards the 1.25 handle again. If we can break down below there, the market can pick up speed to the downside from what I see....