USD/JPY Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:54 am
The USD/JPY pair fell slightly during the course of the session on Thursday, but at this point in time I believe that the market is essentially just trying to rest before we get the vital Nonfarm Payroll...

USD/CAD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:53 am
The USD/CAD pair initially fell during the day on Thursday but turned right back around and form a massive hammer. As we press the 1.30 level I cannot help but notice that this is the place to...

GBP/USD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:50 am
The GBP/USD pair initially tried to rally during the course of the day on Thursday, but turn right back around at the 1.30 level. Because of this, I believe that this pair is going to continue to...

EUR/USD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:49 am
The EUR/USD pair fell during the day on Thursday, as we continue to consolidate overall. We have broken down below and uptrend line recently, and have even retested it for resistance. Because of this, I feel there...

AUD/USD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:48 am
The AUD/USD pair had a slightly negative session as we continue to hug the 0.75 level. This is an area that continues to attract quite a bit of attention so at this point in time I believe...

EURCAD Descending Channel (July 08, 2016)

by Kate Curtis | July 8, 2016 3:19 am
EURCAD is still moving inside its descending channel visible on the pair’s 4-hour time frame. Price is moving closer to the channel resistance around the 1.4450 minor psychological mark and 200 SMA.  The 100 SMA appears to...

USD/JPY Forecast July 7, 2016, Technical Analysis

by FX Empire | July 7, 2016 6:32 am
The USD/JPY pair initially fell during the course of the day on Wednesday but found the 100 level below is no support to turn things back around and form a bit of a hammer. Ultimately, I believe...

USD/CAD Forecast July 7, 2016, Technical Analysis

by FX Empire | July 7, 2016 6:32 am
The USD/CAD pair went back and forth during the course of the session on Wednesday, as we continue to see the market attracted to the 1.30 level. Ultimately, the market should continue to try to go higher,...

GBP/USD Forecast July 7, 2016, Technical Analysis

by FX Empire | July 7, 2016 6:31 am
The GBP/USD pair fell slightly during the course of the session on Wednesday, but turned right back around to form a bit of a hammer. If we can break above the top of the hammer, and more...

EUR/USD Forecast July 7, 2016, Technical Analysis

by FX Empire | July 7, 2016 6:30 am
The EUR/USD pair initially fell during the course of the session on Wednesday, but turn right back around and form a hammer. The hammer of course is a bullish sign and we could very well could reach...