USD/CAD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:42 pm
The USD/CAD pair fell rather significantly during the day on Friday, breaking down to the 1.31 level below. Ultimately, we have to see whether or not we get a supportive candle, and if we get that, I...

GBP/USD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:41 pm
The GBP/USD pair went back and forth during the course of the session on Friday, hovering right around the 1.22 handle. Ultimately, this is a market that I think continues to see negative pressure in, and perhaps...

EUR/USD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:40 pm
The EUR/USD pair fell during the session on Friday, slicing through the 1.10 level at one point. It looks as if the market is trying to grind its way lower, and at this point in time any...

AUD/USD Forecast October 17, 2016, Technical Analysis

by FX Empire | October 15, 2016 2:40 pm
The AUD/USD pair broke higher during the course of the day on Friday, clearing the top of the hammer from the Thursday session. That being the case, the market looks as if it is going to go...

USD/JPY Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:17 am
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but struggled at the 105 level. The negative candle is of course a sign that we are not quite ready to break...

USD/CAD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:16 am
The US dollar initially tried to rally of the Canadian dollar, but turned gray back around to form a very negative candle. By doing so, we tested the 1.32 level below, and I do believe that sooner...

GBP/USD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:15 am
The GBP/USD pair initially fell during the day on Thursday but turned right back around and form a bit of a hammer. The hammer of course is a bullish sign, but at this point in time there...

EUR/USD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:14 am
The EUR/USD pair initially fell during the course of the session on Thursday, breaking below the 1.10 level. However, we turned right back around to form a bit of a hammer and therefore I feel that we...

AUD/USD Forecast October 14, 2016, Technical Analysis

by FX Empire | October 14, 2016 6:13 am
The Australian dollar fell significantly during the day on Thursday, reaching down towards the 0.75 level below, which of course is a fairly supportive and large number for the market to deal with. Ultimately, we ended up...

EURUSD Correction Setup (Oct 14, 2016)

by Kate Curtis | October 14, 2016 2:30 am
EURUSD recently broke below its descending triangle support at 1.1130 and has dipped to a low of 1.0988 before showing signs of a pullback. Applying the Fib tool on the latest swing high and low shows that...