GBP/USD Forecast April 22, 2016, Technical Analysis

by FX Empire | April 22, 2016 6:38 am
The GBP/USD pair initially tried to rally during the course of the day on Thursday, but turned back around and ended up forming a bit of a shooting star. That being the case, the market should continue...

EUR/USD Forecast April 22, 2016, Technical Analysis

by FX Empire | April 22, 2016 6:37 am
The EUR/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a massive shooting star. Having said that, there is a lot of support just below...

AUD/USD Forecast April 22, 2016, Technical Analysis

by FX Empire | April 22, 2016 6:36 am
The AUD/USD pair fell during the course of the day on Thursday, as the 0.78 level offered enough resistance to turn the market back around. Ultimately though, there is quite a bit of support just below so...

AUDUSD Countertrend Setup (Apr 22, 2016)

by Kate Curtis | April 22, 2016 5:33 am
AUDUSD has been trending higher and moving inside an ascending channel on its 4-hour time frame. However, price is currently testing the resistance around the .7900 major psychological level and might be due for a test of...

USD/JPY Forecast April 21, 2016, Technical Analysis

by FX Empire | April 21, 2016 5:47 am
The USD/JPY pair broke higher during the course of the day on Wednesday, clearing the top of the shooting star from the Tuesday session. This is a very positive sign, and means that we will more than...

USD/CAD Forecast April 21, 2016, Technical Analysis

by FX Empire | April 21, 2016 5:47 am
The USD/CAD pair fell during the day on Wednesday, breaking below the bottom of the hammer from Tuesday. This is a very bearish sign, and signifies that the sellers are most certainly still in control. It’s probably...

GBP/USD Forecast April 21, 2016, Technical Analysis

by FX Empire | April 21, 2016 5:46 am
The GBP/USD pair went back and forth during the day on Wednesday, as we are starting to run out of momentum to the upside. This is not a huge surprise, quite frankly we are getting close enough...

EUR/USD Forecast April 21, 2016, Technical Analysis

by FX Empire | April 21, 2016 5:45 am
The EUR/USD pair initially tried to rally during the day on Wednesday, but turn right back around to form a rather negative candle. By doing so, the negative candle shows us that there is still quite a...

AUD/USD Forecast April 21, 2016, Technical Analysis

by FX Empire | April 21, 2016 5:44 am
The AUD/USD pair rose during the day on Wednesday, but struggled as we broke above the top of the shooting star from Tuesday. Nonetheless, this is a bullish sign, so it seems as if we are going...

NZDUSD Uptrend Retracement (Apr 21, 2016)

by Kate Curtis | April 21, 2016 4:34 am
NZDUSD has been trending higher recently, moving above an ascending trend line on its 4-hour time frame. Price found resistance around the .7050 minor psychological level and might be due for another test of the trend line....