GBP/USD Forecast October 16, 2017, Technical Analysis

by FX Empire | October 14, 2017 9:41 am
The British pound started to rise during the course of the day on Friday, reaching towards the 1.3325 handle. We pulled back from there, only to find support at the 1.3275 level underneath. Ultimately, the market continues...

EUR/USD Forecast October 16, 2017, Technical Analysis

by FX Empire | October 14, 2017 9:39 am
The EUR/USD pair continues to see a lot of volatility during the session on Friday, as we initially tried to rally, then pulled back. However, we get an explosive move after there were less than impressive CPI...

AUD/USD Forecast October 16, 2017, Technical Analysis

by FX Empire | October 14, 2017 9:38 am
The Australian dollar went sideways during the course of the trading session on Friday, but then exploded to the upside as gold rallied after a less than impressive CPI figure coming out of the United States. Ultimately,...

USD/JPY Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:06 am
The US dollar fell initially against the Japanese yen, but found a bit of support near the 112.25 level. I think there’s even more support at the 112 level, as it has been significant lately. If we...

USD/CAD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:04 am
The US dollar went sideways initially on Thursday, did the bid, and then rallied towards the 1.25 handle. That area offered resistance, and the market started to roll over. I find this interesting considering that the oil...

GBP/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:03 am
The British pound struggle during the Thursday session, as we had initially rallied, but then broke down significantly. We cleared the 1.32 level to the downside, showing signs of significant weakness. Because of this, the market tested...

EUR/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:02 am
The EUR/USD pair initially tried to rally on Thursday, but rolled over as we approached the 1.1880 level. The market then pulls back to the 1.1850 level, and after breaking above the 1.18 level is a very...

AUD/USD Forecast October 13, 2017, Technical Analysis

by FX Empire | October 13, 2017 8:01 am
The Australian dollar rallied significantly during the Thursday session, as we finally broke above the 0.78 level it had been giving us some many issues. We pulled back a bit, but are starting to see buyers yet...

EURJPY Short-Term Correction Setup (Oct 13, 2017)

by Kate Curtis | October 13, 2017 6:02 am
EURJPY previously broke past the resistance at the 132.50 to 133.00 levels then zoomed up to a high of 133.46. Price has since pulled back to the broken resistance and the Fib tool on the latest swing...