GBP/USD Forecast October 9, 2015, Technical Analysis

by FX Empire | October 9, 2015 7:19 am
The GBP/USD pair went back and forth during the course of the session on Thursday, forming a relatively neutral candle, but we did have quite a bit of volatility during the day, which of course means that...

EUR/USD Forecast October 9, 2015, Technical Analysis

by FX Empire | October 9, 2015 7:18 am
The EUR/USD pair went back and forth during the course of the session on Thursday, as we continue to look very volatile. That being the case, the market continues to be very difficult to trade overall, as...

AUD/USD Forecast October 9, 2015, Technical Analysis

by FX Empire | October 9, 2015 7:17 am
The AUD/USD pair broke higher during the course of the session on Thursday, testing the top of the shooting star from the Wednesday session. The 0.7250 level above is resistance, so we are waiting to see whether...

EURUSD Rising Wedge Formation (Oct 8, 2015)

by Kate Curtis | October 8, 2015 7:14 am
EURUSD is slowly grinding higher moving inside a rising wedge formation on its 1-hour time frame. A breakout in either direction could lead to a 200-pip move, which is the same size as the wedge pattern.  ...

USD/JPY Forecast October 8, 2015, Technical Analysis

by FX Empire | October 8, 2015 5:04 am
The USD/JPY pair did very little during the course of the day on Wednesday, as we continue to hang about the 120 level. This is the level that has been attracting traders for some time, and as...

USD/CAD Forecast October 8, 2015, Technical Analysis

by FX Empire | October 8, 2015 5:03 am
The USD/CAD pair initially broke down during the course of the day on Wednesday, slicing through the 1.30 level. This is an area that we have been talking about for some time as being vital, and with...

GBP/USD Forecast October 8, 2015, Technical Analysis

by FX Empire | October 8, 2015 5:03 am
The GBP/USD pair broke higher during the course of the session on Wednesday, as we continue to grind our way to higher levels. Now that we have touched and broken above the 1.53 level, we feel that...

EUR/USD Forecast October 8, 2015, Technical Analysis

by FX Empire | October 8, 2015 5:02 am
The EUR/USD pair fell during the course of the session on Wednesday, as we took back about half of the gains from Tuesday. This market continues to bounce around between the 1.11 level on the bottom, and...

AUD/USD Forecast October 8, 2015, Technical Analysis

by FX Empire | October 8, 2015 5:01 am
The AUD/USD pair broke higher during the course of the day on Wednesday, breaking above the 0.72 level. However, we see a significant bit of resistance just above, and as a result we are waiting to see...

USD/JPY Forecast October 7, 2015, Technical Analysis

by FX Empire | October 7, 2015 6:06 am
The USD/JPY pair initially fell during the course of the session on Tuesday, testing the 120 handle. With this being the case, we found enough buyers below to turn things back around and form a bit of...