AUD/USD Forecast February 22, 2016, Technical Analysis

by FX Empire | February 21, 2016 9:07 am
The AUD/USD pair initially fell on Friday, but turned back around to form a somewhat positive candle. However, there is quite a bit of resistance above and as a result we are not willing to start buying...

USD/JPY Forecast February 19, 2016, Technical Analysis

by FX Empire | February 19, 2016 7:35 am
The USD/JPY pair fell slightly during the course of the day on Thursday, as we continue to see a bit of softness in this pair. However, there is a significant amount of support below so we do...

USD/CAD Forecast February 19, 2016, Technical Analysis

by FX Empire | February 19, 2016 7:35 am
The USD/CAD pair rose during the course of the day on Thursday, bouncing off of the 1.3650 region in order to show signs of life. This is a market that sooner or later we expect the buyers...

GBP/USD Forecast February 19, 2016, Technical Analysis

by FX Empire | February 19, 2016 7:34 am
The GBP/USD pair initially tried to rally during the day on Thursday, but turned back around to form a bit of a shooting star. The shooting star of course is a negative sign, and that of course...

EUR/USD Forecast February 19, 2016, Technical Analysis

by FX Empire | February 19, 2016 7:33 am
EUR/USD pair fell during the day on Thursday, as we drove lower and trying to reach down to the 1.1050 level. This is an area that we have suggested previously as being support, and it should be...

AUD/USD Forecast February 19, 2016, Technical Analysis

by FX Empire | February 19, 2016 7:31 am
The AUD/USD pair went back and forth during the course of the day on Thursday, as we continue to bang around just below the 0.72 handle. Because of this, the market should eventually have to make a...

GBPAUD Downtrend Pullback (Feb 19, 2016)

by Kate Curtis | February 19, 2016 4:21 am
GBPAUD has been trending lower, moving below a descending trend line connecting the latest highs of price action. The pair seems to be in the middle of a pullback and using the Fibonacci retracement tool on the...

USD/JPY Forecast February 18, 2016, Technical Analysis

by FX Empire | February 18, 2016 6:08 am
The USD/JPY pair had a slightly positive candle form during the day on Wednesday, but quite frankly it looks as if the 115 level continues to be very resistive. Because of this, looks like we are simply...

USD/CAD Forecast February 18, 2016, Technical Analysis

by FX Empire | February 18, 2016 6:08 am
The USD/CAD pair fell during the course of the day on Wednesday, testing the 1.37 handle. This is an area that has been supportive in the past, but quite frankly we think that there’s much more support...

GBP/USD Forecast February 18, 2016, Technical Analysis

by FX Empire | February 18, 2016 6:07 am
The GBP/USD pair went back and forth during the course of the session on Wednesday, as we continue to bounce around near the 1.43 handle. Because of this, it looks as if the market is going to...