GBP/USD Forecast August 8, 2017, Technical Analysis
The British pound went sideways during most of the session on Monday, but did dip a little bit as the Americans came on board. It looks as if we are going to test the 1.30 level underneath,...
Author: FX Empire
EUR/USD Forecast August 8, 2017, Technical Analysis
The EUR/USD pair had a little bit of volatility during the day on Monday, with a slightly upward bias. However, this is a market that has sold off rather drastically after the jobs figure, and I expect...
AUD/USD Forecast August 8, 2017, Technical Analysis
The Aussie dollar rolled over a bit during the early Monday session, as the 0.7950 level has offered a bit too much in the way of resistance. Interestingly enough, it is roughly the 50% Fibonacci retracement level...
USD/JPY Forecast August 7, 2017, Technical Analysis
The US dollar went sideways initially on Friday, hovering above the 110 level. We shot to the upside after that, as the jobs number was much better than anticipated, and that of course suggests that the Federal...
USD/CAD Forecast August 7, 2017, Technical Analysis
The US dollar initially went sideways during the day on Friday, as we hovered around the 1.2575 level. The market broke higher during the day, slicing through the 1.26 handle, as the US jobs market produced far...
GBP/USD Forecast August 7, 2017, Technical Analysis
The British pound went sideways initially during the day on Friday, but then collapsed after the jobs number came out much longer than anticipated in America. The British pound has been beaten up rather significantly over the...
EUR/USD Forecast August 7, 2017, Technical Analysis
The EUR/USD pair went sideways initially during the day on Friday, but then broke down after the jobs number came out much stronger than anticipated. Because of this, the market fell towards the 1.1750 level underneath, which...
AUD/USD Forecast August 7, 2017, Technical Analysis
The Australian dollar started out on Friday rather bullish, but found enough resistance at the 0.7980 level to fall over. This was predicated upon the jobs number in the United States being better than anticipated, so that...
USD/JPY Forecast August 4, 2017, Technical Analysis
The US dollar fell significantly against the Japanese yen during the day on Thursday, crashing into the 110 handle. By slamming into this area, we are testing significant support, not only in a psychological sense, but also...
USD/CAD Forecast August 4, 2017, Technical Analysis
The USD/CAD pair rallied initially during the day on Thursday again, but turned around to show signs of exhaustion. I believe that part of this may be due to the employment figures coming out of both countries...