EUR/USD Forecast April 6, 2017, Technical Analysis

by FX Empire | April 6, 2017 6:58 am
  The EUR/USD pair went back and forth during the trading session on Wednesday, as we continue to stagnate near the 1.0650 handle. I think that this market is simply consolidating in a very tight range and...

AUD/USD Forecast April 6, 2017, Technical Analysis

by FX Empire | April 6, 2017 6:56 am
The Australian dollar tried to rally on Wednesday, but struggled a bit as we ended up forming a less than impressive candle. Because of this, I believe that the market is going to be very choppy going...

USD/JPY Forecast April 4, 2017, Technical Analysis

by FX Empire | April 4, 2017 7:34 am
USD/JPY daily chart, April 04, 2017 The USD/JPY pair continues to be volatile, as we have tested the 200-day moving average yet again on Monday. This is a market that looks as if it wants to go...

USD/CAD Forecast April 4, 2017, Technical Analysis

by FX Empire | April 4, 2017 7:31 am
USD/CAD daily chart, April 04, 2017 The USD/CAD pair shot higher during the day as oil got pummeled. Because of this, I think if we can break above the 1.34 handle, we should then go to the...

GBP/USD Forecast April 4, 2017, Technical Analysis

by FX Empire | April 4, 2017 7:29 am
GBP/USD daily chart, April 04, 2017 The GBP/USD pair fell during the day on Monday as we continue to chop back and forth with no direction in mind. Longer-term, it looks as if we may try to...

EUR/USD Forecast April 4, 2017, Technical Analysis

by FX Empire | April 4, 2017 7:28 am
EUR/USD daily chart, April 04, 2017 The EUR/USD pair had a very flat day, forming a very neutral candle. Because of this, looks as if the market isn’t quite ready to do anything but if we can...

AUD/USD Forecast April 4, 2017, Technical Analysis

by FX Empire | April 4, 2017 7:27 am
AUD/USD daily chart, April 04, 2017 The AUD/USD pair initially tried to rally during the day on Monday but found sellers as markets in general sold risk related assets. Ultimately, this is a market that I think...

USD/JPY Forecast April 3, 2017, Technical Analysis

by FX Empire | April 1, 2017 1:02 pm
USD/JPY daily chart, April 03, 2017 The USD/JPY pair initially tried to rally during the day on Friday, but found the 100-exponential moving average too resistive to continue going higher. Because of this, I think we need...

USD/CAD Forecast April 3, 2017, Technical Analysis

by FX Empire | April 1, 2017 1:01 pm
USD/CAD daily chart, April 03, 2017 The USD/CAD pair initially tried to rally during the day but turned around and broke towards the 1.33 level underneath. The oil markets continue to show signs of strength, and that...

GBP/USD Forecast April 3, 2017, Technical Analysis

by FX Empire | April 1, 2017 12:59 pm
GBP/USD daily chart, April 03, 2017 The GBP/USD pair fell initially on Friday but found enough support to turn things around and show signs of strength. Currently, looks as if the British pound is starting to pick...