GBP/USD Forecast August 18, 2016, Technical Analysis

by FX Empire | August 18, 2016 6:53 am
The GBP/USD pair initially tried to rally during the course of the session, but then turn right back around to break towards the 1.30 level. I think if we can break down below there, it is only...

EUR/USD Forecast August 18, 2016, Technical Analysis

by FX Empire | August 18, 2016 6:52 am
The EUR/USD pair went back and forth during the course of the day on Tuesday, showing a bit of indecision after a very impulsive day on Monday. With this being the case, I think that a pullback...

AUD/USD Forecast August 18, 2016, Technical Analysis

by FX Empire | August 18, 2016 6:51 am
The AUD/USD pair initially tried to rally during the day on Tuesday, but then sliced through the bottom of the shooting star that had formed on Monday. This is a market that looks very negative over the...

Forex Major Currencies Outlook (Aug 18, 2016)

by Kate Curtis | August 18, 2016 4:29 am
USD The US dollar gave up some of its recent gains when the FOMC minutes showed that the central bank is in no rush to hike interest rates. Most policymakers judged that it would be prudent to...

GBPAUD Downtrend Pullback (Aug 18, 2016)

by Kate Curtis | August 18, 2016 4:26 am
GBPAUD has been trending lower on its 4-hour chart, moving below a descending trend line connecting the latest highs of price action. Price is starting to pull up from its recent dive and applying the Fib tool...

USD/JPY Forecast August 17, 2016, Technical Analysis

by FX Empire | August 17, 2016 5:44 am
The USD/JPY pair broke down during the day on Monday, as we tested the 100 handle finally. However, this is a market that was banking on potential lack of interest-rate hikes coming out of the United States,...

USD/CAD Forecast August 17, 2016, Technical Analysis

by FX Empire | August 17, 2016 5:44 am
The USD/CAD pair fell during the course of the day on Tuesday, slicing through the 1.28 level at one point. However, we did bounce a bit so I don’t think this market necessarily ready to meltdown. It...

GBP/USD Forecast August 17, 2016, Technical Analysis

by FX Empire | August 17, 2016 5:43 am
The GBP/USD pair broke higher during the course of the session on Tuesday, slicing above the 1.30 level at one point. However, even though we have a very bullish candle here, I believe that we will ultimately...

EUR/USD Forecast August 17, 2016, Technical Analysis

by FX Empire | August 17, 2016 5:42 am
EUR/USD rose significantly during the course of the day on Tuesday, breaking above the 1.12 level. As I had suggested previously, if we got above the 1.12 level, we then would more than likely reach towards the...

AUD/USD Forecast August 17, 2016, Technical Analysis

by FX Empire | August 17, 2016 5:41 am
The Australian dollar rally during the session initially on Tuesday, but turn right back around to form a bit of a shooting star that sits upon the previous resistance and 0.7675, as we await the employment numbers...