GBP/USD Forecast August 2, 2017, Technical Analysis

by FX Empire | August 2, 2017 5:31 am
The British pound had a volatile session during the day on Tuesday, as we reached towards the 1.3250 level, but then pulled back. It looks as if the 1.32 level is offering a significant amount of support...

EUR/USD Forecast August 2, 2017, Technical Analysis

by FX Empire | August 2, 2017 5:30 am
The EUR/USD pair slowly drifted a bit lower during the day on Tuesday, but we are above the uptrend line on the hourly chart that has been supportive for several sessions. The 1.18 level underneath should be...

AUD/USD Forecast August 2, 2017, Technical Analysis

by FX Empire | August 2, 2017 5:29 am
The Australian dollar initially shot much higher during the day on Tuesday, but turned around at the 0.8050 region to fall below the 0.80 level again. This is an area that is important on charts going back...

USD/JPY Price Forecast August 1, 2017, Technical Analysis

by FX Empire | August 1, 2017 5:48 am
The US dollar initially tried to rally against the Japanese yen on Monday, but then rolled over at the 110.75 level. We reach back towards the 110.50 level where we started to see a bit of support,...

USD/CAD Price Forecast August 1, 2017, Technical Analysis

by FX Empire | August 1, 2017 5:47 am
The US dollar rallied against the Canadian dollar right off the bat during the Monday session, and then went sideways. Then we would reach towards the 1.25 level above, which is a psychologically important level in this...

GBP/USD Price Forecast August 1, 2017, Technical Analysis

by FX Empire | August 1, 2017 5:46 am
The GBP/USD pair initially fell on Monday, as we drifted down towards the 1.31 level underneath. However, as the Americans came on board we ended up seeing the British pound explode to the upside, and break out...

EUR/USD Forecast August 1, 2017, Technical Analysis

by FX Empire | August 1, 2017 5:44 am
The EUR/USD pair initially dipped on Monday, but found enough support at the 24-hour exponential moving average to turn around and explode to the upside. We have now broken out, as the 1.1750 level offered a significant...

AUD/USD Price Forecast August 1, 2017, Technical Analysis

by FX Empire | August 1, 2017 5:42 am
The Australian dollar went sideways during the Monday session, as we continue to see a lot of noise around the 0.80 handle. This is a level that goes back decades on the chart, and it causes quite...

USD/JPY Forecast July 31, 2017, Technical Analysis

by FX Empire | July 30, 2017 12:37 am
The USD/JPY pair fell a bit during the day at the open on Friday, but then bounced again, only to find sellers again. The market looks as if it is going to test the 110.50 level, which...

USD/CAD Forecast July 31, 2017, Technical Analysis

by FX Empire | July 30, 2017 12:34 am
The US dollar was initially stable against the Canadian dollar during the trading session on Friday, but as the GDP numbers came out from both countries, the Canadian GP was a bit stronger. This sent the market...