AUD/USD Forecast October 7, 2016, Technical Analysis

by FX Empire | October 7, 2016 6:14 am
The AUD/USD pair broke down during the course of the day on Thursday, showing real signs of weakness. Because of this, I think we will more than likely continue to grind a little bit lower, reaching towards...

USDJPY Triangle Pullback (Oct 07, 2016)

by Kate Curtis | October 7, 2016 4:40 am
USDJPY recently broke outside its descending triangle pattern visible on the 4-hour time frame. Price found resistance around the 104.00 handle and might be ready for a pullback to the broken triangle resistance at the 101.50 minor...

GBPAUD Countertrend Setup (Oct 06, 2016)

by Kate Curtis | October 6, 2016 6:49 am
GBPAUD has been selling off but is currently finding support at the bottom of its descending channel on the 4-hour time frame. The 1.6700 handle seems to be keeping losses in check and if it continues to...

USD/JPY Forecast October 6, 2016, Technical Analysis

by FX Empire | October 6, 2016 6:45 am
The USD/JPY pair broke higher during the course of the session on Wednesday, as we have broken above the 103 level. Ultimately, I think the market could very well try to reach towards the 105 handle and...

USD/CAD Forecast October 6, 2016, Technical Analysis

by FX Empire | October 6, 2016 6:44 am
The USD/CAD pair initially rallied during the course of the session on Wednesday, but turned around and found the 1.32 level be far too resistive. By doing so, we did up forming a negative candle, and if...

GBP/USD Forecast October 6, 2016, Technical Analysis

by FX Empire | October 6, 2016 6:43 am
The GBP/USD pair went back and forth during the course of the session on Wednesday, but ultimately formed a hammer. With this, I feel that the market is probably going to break out to the upside and...

EUR/USD Forecast October 6, 2016, Technical Analysis

by FX Empire | October 6, 2016 6:43 am
EUR/USD had a very volatile session during the course of the day as Wednesday was simply a back-and-forth type of grind. The market seems to have quite a bit of support below at the 1.1150 level, which...

AUD/USD Forecast October 6, 2016, Technical Analysis

by FX Empire | October 6, 2016 6:42 am
The AUD/USD pair went back and forth during the course of the session on Wednesday, forming a relatively neutral candle. I think that the market will continue to go back and forth in the larger consolidation area,...

USDCAD Daily Analysis – October 6, 2016

by ForexCycle.com | October 6, 2016 4:03 am
USDCAD is in downtrend from 1.3280, the rise from 1.3047 would possibly be correction of the downtrend. As long as 1.3280 resistance holds, the downtrend could be expected to resume, and another fall towards 1.3000 is possible....

USDJPY Daily Analysis – October 6, 2016

by ForexCycle.com | October 6, 2016 4:03 am
USDJPY’s upward movement from 100.08 extended to as high as 103.66. Further rise could be expected after a minor consolidation, and next target would be at 106.00 area. Support is at 102.50, as long as this level...