USD/JPY Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:25 am
The USD/JPY pair initially fell during the day on Wednesday, but we turn right back around as the 100 level continues to offer support. This being the case, the market is paying attention to the fact that...

USD/CAD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:22 am
The USD/CAD pair went back and forth during the course of the day on Wednesday, ultimately forming a slightly positive candle. We are pressing up against the bottom of the previous uptrend line now, and of course...

GBP/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:21 am
The GBP/USD pair went back and forth during the course of the session here on Wednesday, as we continue to try to find some type of resistance above in order to start selling again. I believe that...

EUR/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:20 am
The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below. I believe the actual “floor” at the 1.12 level below will continue to keep...

AUD/USD Forecast August 25, 2016, Technical Analysis

by FX Empire | August 25, 2016 6:19 am
The AUD/USD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move. At this point in time though,...

AUDUSD Descending Channel (Aug 25, 2016)

by Kate Curtis | August 25, 2016 2:20 am
AUDUSD has been trending lower on its 1-hour time frame, moving inside a descending channel formation. Price is trading around the middle, though, still deciding whether to test the resistance at .7625 or support at .7550. The...

USD/JPY Forecast August 24, 2016, Technical Analysis

by FX Empire | August 24, 2016 7:39 am
The USD/JPY pair struggled a bit during the course of the day but did find enough support at the 100 level to turn things back around and form a strong hammer. The hammer of course is a...

USD/CAD Forecast August 24, 2016, Technical Analysis

by FX Empire | August 24, 2016 7:38 am
The USD/CAD pair fell significantly during the day on Tuesday as the bullish inventory numbers came out of the United States supporting oil markets. By doing so, traders flooded into this market and pushed the value the...

GBP/USD Forecast August 24, 2016, Technical Analysis

by FX Empire | August 24, 2016 7:37 am
The GBP/USD pair rose during the course of the day here on Tuesday, but still has quite a bit of resistance above that could come into play. That being the case, and exhaustive candle above will be...

EUR/USD Forecast August 24, 2016, Technical Analysis

by FX Empire | August 24, 2016 7:36 am
The EUR/USD pair initially tried to rally during the course of the session on Monday, but then broke down at the 1.1350 level. By doing so, it looks as if we are going to continue to be...