GBP/USD Forecast September 28, 2016, Technical Analysis

by FX Empire | September 28, 2016 7:16 am
The British pound initially fell during the day on Tuesday, but found enough support below to turn things around and shoot the market much higher. Ultimately, I believe that we will continue to go higher, but only...

EUR/USD Forecast September 28, 2016, Technical Analysis

by FX Empire | September 28, 2016 7:15 am
The EUR/USD pair fell slightly during the course of the session on Tuesday, and as a result it looks as if we are ready to continue to go lower at this point in time. The real support...

AUD/USD Forecast September 28, 2016, Technical Analysis

by FX Empire | September 28, 2016 7:14 am
The AUD/USD pair had a slightly positive session during the day on Tuesday, breaking above the 0.77 level for the briefest of moments. I believe that the market breaking above the top of the range during the...

EURUSD Descending Triangle (Sep 28, 2016)

by Kate Curtis | September 28, 2016 4:50 am
EURUSD has formed lower highs and found support at the 1.1130 area, creating a descending triangle formation on its 4-hour chart. Price is currently testing the triangle resistance and might be due for a drop back towards...

AUDUSD Daily Analysis – September 28, 2016

by ForexCycle.com | September 28, 2016 4:18 am
AUDUSD’s upward movement from 0.7441 extended to as high as 0.7695. Key support is now at 0.7602, as long as this level holds, the uptrend could be expected to continue, and further rise to test 0.7731 resistance...

EURUSD Daily Analysis – September 28, 2016

by ForexCycle.com | September 28, 2016 4:17 am
EURUSD broke below 1.1200 support that we mentioned yesterday, indicating that the rebound from 1.1123 had completed at 1.1279 already. Another fall to retest 1.1123 support could be expected, a breakdown below this level will signal resumption...

USD/JPY Forecast September 27, 2016, Technical Analysis

by FX Empire | September 27, 2016 5:51 am
The USD/JPY pair fell slightly during the course of the day on Monday, as we continue to hover above the 100 level. I believe that the 100 level will be very influential in this market, as the...

USD/CAD Forecast September 27, 2016, Technical Analysis

by FX Empire | September 27, 2016 5:49 am
The USD/CAD pair initially rallied during the course of the session on Monday, but turn right back around to form a shooting star. The shooting star testing the 1.32 level of course is a sign that we...

GBP/USD Forecast September 27, 2016, Technical Analysis

by FX Empire | September 27, 2016 5:48 am
The GBP/USD pair initially fell during the course of the session on Monday, but turn right back around to form a bit of a hammer. The hammer of course is very bullish, and as a result it...

EUR/USD Forecast September 27, 2016, Technical Analysis

by FX Empire | September 27, 2016 5:47 am
The EUR/USD pair initially fell during the course of the session on Monday, but turn right back around to reach higher. Because of this, it looks as if the market is trying to go higher but I...