EUR/USD Forecast July 3, 2017, Technical Analysis

by FX Empire | July 2, 2017 12:20 am
The EUR/USD pair pulled back slightly during the day on Friday, as one would expect as we had gotten overextended. A pull back the show signs of support should be a buying opportunity though, and that’s exactly...

AUD/USD Forecast July 3, 2017, Technical Analysis

by FX Empire | July 2, 2017 12:19 am
The Australian dollar rallied initially during the day, testing the 0.77 level above. We pulled back though, and now looks like the 24-hour exponential moving average is trying to offer dynamic support that should push the market...

USD/JPY Forecast June 29, 2017, Technical Analysis

by FX Empire | June 29, 2017 6:20 am
The US dollar was very volatile against the Japanese yen. The 112 level looks very likely to offer support, so as long as we can stay above there, the market should then go to the 112.50 level....

USD/CAD Forecast June 29, 2017, Technical Analysis

by FX Empire | June 29, 2017 6:19 am
The US dollar collapsed against the Canadian dollar during the day on Wednesday, as oil markets rallied. Having said that, it was a bit of a mixed signal when it comes to oil and I think part...

GBP/USD Forecast June 29, 2017, Technical Analysis

by FX Empire | June 29, 2017 6:17 am
The British pound went sideways during the session on Wednesday, but then exploded to the upside as Mark Carney suggested that the Bank of England would have to raise rates if the global economy starts to heat...

EUR/USD Forecast June 29, 2017, Technical Analysis

by FX Empire | June 29, 2017 6:15 am
The EUR/USD pair initially tried to rally during the session on Wednesday, but then fell significantly towards the 1.13 level below. We bounced significantly from there, as this volatility was caused by a random tweet coming across...

AUD/USD Forecast June 29, 2017, Technical Analysis

by FX Empire | June 29, 2017 6:14 am
The AUD/USD pair initially tried to rally on Wednesday, but found enough resistance near the 0.7625 handle to turn around and drop towards the 0.7580 level. We bounce from there again though, and then reached towards the...

USD/JPY Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:20 am
The USD/JPY pair initially went sideways during the Tuesday session, dipped significantly to test the 111.50 level, and then broke above the 112 handle. That’s a very bullish sign and I believe that we are now free...

USD/CAD Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:18 am
The US dollar broke apart against the Canadian dollar rather significantly. Ultimately, this is a market that has broken below the 1.32 level, and that was an area that was offering a significant amount of support. I...

GBP/USD Forecast June 28, 2017, Technical Analysis

by FX Empire | June 28, 2017 5:17 am
The British pound initially went sideways during the day on Tuesday, and then broke higher, reaching towards the 1.2775 level. Above there, I think the 1.28 level offered resistance, so if we can break above there I...