EUR/USD Forecast April 19, 2017, Technical Analysis

by FX Empire | April 19, 2017 6:15 am
The EUR/USD pair rally during the day on Tuesday, reaching towards the 1.07 level. It now looks as if we can break above the top of the daily range, the market should then reach towards the 1.0750...

AUD/USD Forecast April 19, 2017, Technical Analysis

by FX Empire | April 19, 2017 6:14 am
The AUD/USD pair fell during the trading session on Tuesday, touching the 200-day exponential moving average. I still think there’s a significant amount of support below at the 0.75 level, so a supportive candle could be a...

USD/JPY Forecast April 18, 2017, Technical Analysis

by FX Empire | April 18, 2017 4:25 am
The USD/JPY pair fell during the day on Monday, as we continue to see bearish pressure. We did test the 61.8% Fibonacci retracement area though, and it would not surprise me to see a little bit of...

USD/CAD Forecast April 18, 2017, Technical Analysis

by FX Empire | April 18, 2017 4:24 am
The USD/CAD pair fell during the day on Monday, as we go looking for the 1.3150 level underneath. That’s an area that has been supportive recently, so a break below the bottom of the Friday session would...

GBP/USD Forecast April 18, 2017, Technical Analysis

by FX Empire | April 18, 2017 4:23 am
The British pound rallied during the day on Monday, breaking above the 1.25 handle, and testing the 1.26 handle. It looks as if the British pound is trying to break out to the upside, and because of...

EUR/USD Forecast April 18, 2017, Technical Analysis

by FX Empire | April 18, 2017 4:21 am
The EUR/USD pair rally during the day on Monday and relatively thin conditions as Europeans would’ve been celebrating Easter Monday. Because of this, I think that we will have to pay attention to the possibility of resistance...

AUD/USD Forecast April 18, 2017, Technical Analysis

by FX Empire | April 18, 2017 4:20 am
The AUD/USD pair rallied during the Monday session, testing the 0.76 level. If we can break above the top of the range for the day, the market will more than likely go looking for the 0.7750 level...

USD/JPY Forecast April 17, 2017, Technical Analysis

by FX Empire | April 16, 2017 8:53 am
The USD/JPY pair fell during the day on Friday to continue the move towards the 108 handle. Short-term rally should continue to be selling opportunities as we have broken below the 50% Fibonacci retracement level, and now...

USD/CAD Forecast April 17, 2017, Technical Analysis

by FX Empire | April 16, 2017 8:52 am
The USD/CAD pair did very little on Friday as most markets are finding little in the way of volume. The market breaking above the 1.3350 level should send this market to the upside, and if oil markets...

GBP/USD Forecast April 17, 2017, Technical Analysis

by FX Empire | April 16, 2017 8:50 am
The GBP/USD pair rallied on Friday, but it is facing a bit of resistance above. If we can break above the 1.27 level above, the market will more than likely move to the upside on the longer-term...