GBP/USD Forecast August 12, 2015, Technical Analysis

by FX Empire | August 12, 2015 6:04 am
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found enough resistance to the 1.56 level to turn things back around and form a shooting star. The shooting star of...

EUR/USD Forecast August 12, 2015, Technical Analysis

by FX Empire | August 12, 2015 6:03 am
The EUR/USD pair broke higher during the course of the session on Tuesday, clearing the 1.10 level. With this, the market then reached towards the 1.11 handle, but found a bit of resistance. With this, we believe...

AUD/USD Forecast August 12, 2015, Technical Analysis

by FX Empire | August 12, 2015 6:02 am
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but fell back down to break below the 0.73 handle. With this, the market looks as if it is ready to test...

NZDUSD Triangle Breakdown (Aug 12, 2015)

by Kate Curtis | August 12, 2015 3:31 am
NZDUSD broke below the triangle support on its 1-hour forex time frame, indicating that further losses are possible. The pair broke below the .6500 major psychological level and could be in for a 300-pip drop, which is...

USD/JPY Forecast August 11, 2015, Technical Analysis

by FX Empire | August 11, 2015 7:27 am
The USD/JPY pair broke higher during the course of the day on Monday, but as you can see still continues to struggle near the 125 handle. With this, we feel that the market will continue to pull...

USD/CAD Forecast August 11, 2015, Technical Analysis

by FX Empire | August 11, 2015 7:26 am
The USD/CAD pair initially tried to rally on Monday but turned back around and slammed into the 1.30 level as well got a bit of a bid for the day. However, we recognize that there is a...

GBP/USD Forecast August 11, 2015, Technical Analysis

by FX Empire | August 11, 2015 7:26 am
The GBP/USD pair initially fell during the day on Monday, but found enough support at the 100 day exponential moving average to turn things back around and shoot higher. Keep in mind that there is an uptrend...

EUR/USD Forecast August 11, 2015, Technical Analysis

by FX Empire | August 11, 2015 7:25 am
The EUR/USD pair initially tried to fall during the course of the session on Monday, but we turned back around and broke above the 1.10 level. Because of this, we feel that the markets probably going to...

AUD/USD Forecast August 11, 2015, Technical Analysis

by FX Empire | August 11, 2015 7:24 am
The AUD/USD pair fell during the course of the session on Monday, but found enough support near the 0.7350 level to turn things back around and bounce. Because of this, we ended up forming a hammer so...

AUDCAD Retracement Setup (Aug 11, 2015)

by Kate Curtis | August 11, 2015 3:41 am
AUDCAD recently broke past a consolidation pattern on its long-term time frames and is currently making a pullback. Price is finding support around the 50% Fibonacci retracement level, which lines up with the former resistance around the...