AUD/USD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:18 am
The AUD/USD pair broke out to the upside during the course the day on Tuesday, forming a very strong candle as we crashed into the 0.7650 level. Because of this, if we continue to go higher and...

AUDJPY Retracement Setup (July 13, 2016)

by Kate Curtis | July 13, 2016 3:23 am
AUDJPY has been on such a strong rally these days but a correction might be due. Price appears to have hit a ceiling at the 80.00 major psychological level and could make a pullback to the Fib...

USD/JPY Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:19 am
The USD/JPY pair broke higher during the course of the day on Monday, as the Japanese got an opportunity to react to the better than anticipated jobs number out of America. The 103 level above will be...

USD/CAD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:18 am
The USD/CAD pair broke higher during the day on Monday, as we continue to see bullish pressure in this market. Oil markets look a little bit soft at this point in time, and as a result I...

GBP/USD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:17 am
The British pound fell during the day but did end up bouncing on Monday in order to form a bit of a hammer. The hammer sits just below the 1.30 level, an area of interest obviously as...

EUR/USD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:16 am
The EUR/USD pair initially fell during the day on Monday, but then turn right back around to form a hammer. With this being the case, the market looks as if it is ready to grind away in...

AUD/USD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:15 am
The AUD/USD pair initially tried to rally but then turn right back around during the day on Monday to turn back around and reach towards the 0.75 level. Any type of supportive candle in this general vicinity...

EURNZD Descending Channel (July 12, 2016)

by Kate Curtis | July 12, 2016 3:40 am
EURNZD is in the middle of pulling back up to the descending channel resistance visible on its 4-hour time frame. Using the Fib tool on the latest swing high and low shows that the 61.8% retracement level...

AUD/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:06 am
The AUD/USD pair initially fell during the course of the day but then broke out to the upside as the 0.75 level gateway. This bullish candle should signal that we are going to continue going higher, and...

EUR/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:05 am
The EUR/USD pair went back and forth as it typically does during a Nonfarm  payrolls on Friday, ultimately settling on a slightly negative candle. The United States added more than expected as far as jobs are concerned, but...