USD/CAD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:42 am
The USD/CAD pair initially rose during the course of the day but ended up turning around to form a shooting star. This coincides nicely with the oil markets falling and then bouncing. With this, the market looks...

GBP/USD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:29 am
The GBP/USD pair bounced slightly during the course of the session on Wednesday, as we continue to grind back and forth. Ultimately though, this is a market that seems to be very soft so therefore it’s likely...

EUR/USD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:25 am
The EUR/USD pair went back and forth during the course of the day on Wednesday, testing the 1.10 level. This is an area that has been the bottom of the recent consolidation area, so it makes sense...

AUD/USD Forecast July 21, 2016, Technical Analysis

by FX Empire | July 21, 2016 6:20 am
The AUD/USD pair fell initially during the course of the session on Wednesday, falling but finding a little bit of support just below. With this, the market continues to look a little bit soft, but at this...

EURAUD Triangle Bounce (July 21, 2016)

by Kate Curtis | July 21, 2016 3:53 am
EURAUD has formed lower highs and found support at the 1.4500 major psychological level, creating an ascending triangle pattern on its daily time frame. Price appears to be bouncing off the support zone and could carry on...

USD/JPY Forecast July 20, 2016, Technical Analysis

by FX Empire | July 20, 2016 6:54 am
The USD/JPY pair went back and forth during the course of the session on Tuesday, testing the 105 level as support. If we can break above the top of the neutral candle for the day on Tuesday,...

USD/CAD Forecast July 20, 2016, Technical Analysis

by FX Empire | July 20, 2016 6:53 am
The USD/CAD pair broke higher during the course of the day on Tuesday, breaking above the 1.30 level. Because of this, looks as if the market is ready to continue grinding higher, but it is going to...

GBP/USD Forecast July 20, 2016, Technical Analysis

by FX Empire | July 20, 2016 6:52 am
The GBP/USD pair fell slightly during the course of the session on Tuesday, as we continue to see bearish pressure in this market. The 1.30 level below should be supportive, and it may even extend all the...

EUR/USD Forecast July 20, 2016, Technical Analysis

by FX Empire | July 20, 2016 6:51 am
The EUR/USD pair fell slightly during the course of the day on Tuesday, testing the 1.10 level below. That being the case, it’s likely that sooner or later we will break down. Once we do, I feel...

AUD/USD Forecast July 20, 2016, Technical Analysis

by FX Empire | July 20, 2016 6:50 am
The AUD/USD pair fell significantly during the day on Tuesday, as we broke below the 0.75 level at one point. However, we did bounce a bit towards the end of the day so I think that it’s...