GBP/USD Forecast August 10, 2017, Technical Analysis
The British pound continues to dance around the 1.30 level, as the market seems to be accumulating. I don’t know if we can break out to the upside, but this is an area where we need to...
Author: FX Empire
EUR/USD Forecast August 10, 2017, Technical Analysis
The EUR/USD pair has gone sideways during the session on Wednesday as we continue to consolidate just above the 1.17 handle. If we can break above the 1.1765 handle, I think that the market will continue to...
AUD/USD Forecast August 10, 2017, Technical Analysis
The Australian dollar initially trying to break down during the day on Wednesday, but we did get a bit of a bounce. However, that bounce was somewhat short-lived as fears arise over tensions from the Korean Peninsula....
USD/JPY Forecast August 9, 2017, Technical Analysis
The US dollar initially fell during the session on Tuesday, dropping down to the 110.25 handle. However, we turned around to find plenty of support and saw an impulsive move to the upside after the Jolts announcement...
USD/CAD Forecast August 9, 2017, Technical Analysis
The USD/CAD pair went sideways during most of the session on Tuesday, reaching towards the 1.27 level. However, it looks likely that the market is going to try to break out above there, and continue to go...
GBP/USD Forecast August 9, 2017, Technical Analysis
The GBP/USD pair fell during most of the session on Tuesday, drifting towards the 1.30 level. That support barrier got broken, and because of this it’s likely that we will continue to go much lower. I think...
EUR/USD Forecast August 9, 2017, Technical Analysis
The EUR/USD pair went sideways during most of the session on Tuesday, testing the 1.18 level for support. As the Americans came on board, the jobs opening number broke above 6 million, and since a lot of money...
AUD/USD Forecast August 9, 2017, Technical Analysis
The Australian dollar initially tried to rally during the day on Tuesday, but found trouble at the 0.7950 or so. The fact that we ran to that level and then fell over, the market should then continue...
USD/JPY Forecast August 8, 2017, Technical Analysis
The US dollar softened a bit at the beginning of the session on Monday, but then turned to the upside yet again. It looks as we are going to challenge the 111 handle, and I do believe...
USD/CAD Forecast August 8, 2017, Technical Analysis
The US dollar has rallied significantly against the Canadian dollar over the last couple of sessions, but has run into a bit of noise at the 1.27 level. I believe this is minor, as there is much...