EUR/USD Forecast July 5, 2017, Technical Analysis

by FX Empire | July 5, 2017 5:21 am
The EUR/USD pair initially went sideways on Tuesday, but then broke down a bit to reach towards the 1.1350 level. I believe that there is a much more significant support level in the 1.13 region, so I’m...

AUD/USD Forecast July 5, 2017, Technical Analysis

by FX Empire | July 5, 2017 5:20 am
The AUD/USD pair initially went sideways during the day on Tuesday, then collapsed to reach towards the 0.76 level underneath. The market looks very negative, as the selloff has been rather brutal. Because of this, the market...

USD/JPY Forecast July 4, 2017, Technical Analysis

by FX Empire | July 4, 2017 5:20 am
The US dollar skyrocketed against the Japanese yen during the session on Monday, touching the 113.50 level during the day. We are starting to pull back a little bit, as we are bit overextended, but quite frankly...

USD/CAD Forecast July 4, 2017, Technical Analysis

by FX Empire | July 4, 2017 5:18 am
The US dollar rallied against the Canadian dollar during Monday, breaking above the 1.30 level. This is a bullish sign, as the 1.30 level needed to hold to keep hopes of bullish pressure alive. Remember that the...

GBP/USD Forecast July 4, 2017, Technical Analysis

by FX Empire | July 4, 2017 5:17 am
The GBP/USD pair fell significantly during the day on Monday, as we go looking for the 1.29 level below. That’s an area that could cause a bit of support, and the strength of the British pound of...

EUR/USD Forecast July 4, 2017, Technical Analysis

by FX Empire | July 4, 2017 5:15 am
The EUR/USD pair rolled over during the day on Monday, breaking towards the 1.1350 level as I record this. The market looks as if it is starting to show bearish pressure in a bit of significance, and...

AUD/USD Forecast July 4, 2017, Technical Analysis

by FX Empire | July 4, 2017 5:13 am
The Australian dollar broke down during the day on Monday, reaching towards the 0.7650 level. Now that we have not found support underneath, the market looks likely to start picking up to the upside again, perhaps reaching...

USD/JPY Forecast July 3, 2017, Technical Analysis

by FX Empire | July 2, 2017 12:25 am
The US dollar went sideways against the Japanese yen during the Friday session, as we continue to grind around the 112 level. I believe that if we can break above the top of the range for the...

USD/CAD Forecast July 3, 2017, Technical Analysis

by FX Empire | July 2, 2017 12:24 am
The US dollar initially fell during the Friday session, but you can see we are trying to fight to the upside. If we can break above the 1.30 level, that would be a bullish sign, and it...

GBP/USD Forecast July 3, 2017, Technical Analysis

by FX Empire | July 2, 2017 12:22 am
The British pound found some pressure to the downside during the session on Friday, but quite frankly this has been in an explosive moved over the last couple of sessions, so a pullback is healthy. If we...