AUD/USD Forecast June 20, 2016, Technical Analysis
The AUD/USD pair went back and forth during the course of the day on Friday, and as you can see the 0.74 level seems to be a bit of a magnet for price. With that being the...
Author: FX Empire
USD/JPY Forecast June 16, 2016, Technical Analysis
The USD/JPY pair initially broke out to the upside during the course of the day on Wednesday, but turned right back around to form a bit of a shooting star. However, as I record this pre-FOMC, the...
USD/CAD Forecast June 16, 2016, Technical Analysis
The USD/CAD pair rose during the day on Wednesday, crashing into the 1.29 level. At this point in time, this is a pair that can be very volatile due to the fact that we get the Crude...
GBP/USD Forecast June 16, 2016, Technical Analysis
The GBP/USD pair bounced slightly during the course of the day on Wednesday, using the 1.41 level as support. At this point in time, the market could try to reach higher but there is a significant amount...
EUR/USD Forecast June 16, 2016, Technical Analysis
The EUR/USD pair rose slightly during the day on Wednesday, as the 1.12 level offered a bit of support. With this, the market looks as if it is ready to continue to find quite a bit of...
AUD/USD Forecast June 16, 2016, Technical Analysis
The AUD/USD pair rose slightly during the course of the day on Wednesday, but quite frankly looks as if the market is simply grinding away. If we do break out above the top of the range for...
USD/JPY Forecast June 15, 2016, Technical Analysis
The USD/JPY pair initially fell during the course of the day on Tuesday, but found the area below the 106 level to offer quite a bit of support as it has been doing recently. With that being...
USD/CAD Forecast June 15, 2016, Technical Analysis
The USD/CAD pair initially tried to rally during the day on Tuesday but found the 1.2850 level to be resistive enough to keep the market from going higher. In fact, we did up turning around to form...
GBP/USD Forecast June 15, 2016, Technical Analysis
The GBP/USD pair fell during the course of the day on Tuesday, testing the 1.41 level. We did not break down below there though, and as a result I think that this was a difficult day to...
EUR/USD Forecast June 15, 2016, Technical Analysis
The EUR/USD pair fell during the day on Tuesday, slicing through the 100 day exponential moving average. However, there is quite a bit of support and noise just below the 1.12 level, so it’s likely that we...