AUD/USD Forecast August 31, 2016, Technical Analysis

by FX Empire | August 31, 2016 5:16 am
The Australian dollar fell during the day on Tuesday, as we continue to see weakness. We are approaching the 0.75 level below. This is an area that has offered quite a bit of support and resistance in...

USDCAD Countertrend Setup (Aug 31, 2016)

by Kate Curtis | August 31, 2016 3:56 am
USDCAD is still moving inside an ascending channel on its daily and 4-hour time frame, but price is nearing the top of the formation so a selloff might be due. This resistance is located around the 1.3250...

USD/JPY Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:12 am
The USD/JPY pair rallied slightly during the course of the session on Monday, but as you can see is still struggling a little bit. However, I do believe that eventually the US dollar continues to grind higher...

USD/CAD Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:11 am
The USD/CAD pair rallied during the course of the day on Monday, as we are clearly well above the 1.30 level now. It appears that the market is going to try to continue to go higher, and...

GBP/USD Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:09 am
The British pound fell slightly during the course of the session on Monday, as we continue to reach down to the 1.30 level below. If we break down below there, it’s very likely that the market will...

EUR/USD Forecast August 30, 2016, Technical Analysis

by FX Empire | August 30, 2016 7:08 am
The EUR/USD pair fell slightly during the course of the session on Monday, clearing the 1.12 level. With this being the case, the market should continue to go lower. I think that we will try to reach...

AUD/USD Forecast August 30, 2016, Technical Analysis

by ForexCycle.com | August 30, 2016 7:07 am
The AUD/USD pair initially fell during the course of the day on Monday, but turn right back around to form a bit of positive momentum. With this being the case, it will be interesting to see what...

AUDUSD Short-Term Channel (Aug 30, 2016)

by Kate Curtis | August 30, 2016 4:21 am
AUDUSD recently broke below the bottom of a longer-term ascending channel visible on its daily and 4-hour chart. On the shorter-term time frames, it can be seen that the pair is moving inside a descending channel formation...

USDCAD Daily Analysis – August 30, 2016

by ForexCycle.com | August 30, 2016 2:23 am
USDCAD is in uptrend from 1.2763. Further rise is still possible over the next several days, and next target would be at 1.3200 area. Support levels are at 1.2900 and 1.2830, only break below these levels could...

AUDUSD Daily Analysis – August 30, 2016

by ForexCycle.com | August 30, 2016 2:23 am
AUDUSD is in downtrend from 0.7755. Further decline could be expected in a couple of days, and next target would be at 0.7250 area. Resistance is located at the downward trend line on 4-hour chart, only a...