AUD/USD Forecast June 7, 2016, Technical Analysis

by FX Empire | June 7, 2016 5:53 am
The Australian dollar initially fell during the day on Monday, but did in doubt turning back around to form a bit of a hammer. By doing so, and more importantly bouncing off of the 0.73 level below,...

USD/JPY Forecast June 6, 2016, Technical Analysis

by FX Empire | June 5, 2016 6:04 am
The USD/JPY pair fell significantly during the course of the day on Friday, breaking below the 106 level. We closed at the very bottom of the range and therefore I think that we should get continuation to...

USD/CAD Forecast June 6, 2016, Technical Analysis

by FX Empire | June 5, 2016 6:03 am
The USD/CAD pair fell significantly during the course of the session on Friday, as the jobs number coming out of America was horrific. We ended up only adding 38,000 jobs during the month of May, and that...

GBP/USD Forecast June 6, 2016, Technical Analysis

by FX Empire | June 5, 2016 6:03 am
The GBP/USD pair broke higher during the course of the session on Friday, breaking above the 1.45 handle. What’s most important to me is the fact that we formed a bit of a hammer during the course...

EUR/USD Forecast June 6, 2016, Technical Analysis

by FX Empire | June 5, 2016 6:02 am
The EUR/USD pair broke higher during the course of the session on Friday, as we got a horrible jobs number coming out of the United States. That being the case, the US dollar fell rather significantly. With...

AUD/USD Forecast June 6, 2016, Technical Analysis

by FX Empire | June 5, 2016 6:01 am
The AUD/USD pair broke out to the upside during the course of the day on Friday, clearing the 0.73 level. In fact, we got fairly close to the 0.74 level, and a move above there would be...

USD/JPY Forecast June 3, 2016, Technical Analysis

by FX Empire | June 3, 2016 6:44 am
The USD/JPY pair fell significantly during the day on Thursday again, but there is still quite a bit of support at the 108.50 level, and as a result we did bounce a bit. Ultimately, this is a...

USD/CAD Forecast June 3, 2016, Technical Analysis

by FX Empire | June 3, 2016 6:43 am
The USD/CAD pair rose during the course of the session on Thursday, as we continue to see strength in the US dollar against the Canadian dollar. Oil markets struggle, and that of course propels the US dollar...

GBP/USD Forecast June 3, 2016, Technical Analysis

by FX Empire | June 3, 2016 6:43 am
The GBP/USD pair initially tried to rally during the day on Thursday but turned back around form a bit of a shooting star. The 1.45 level offered quite a bit of resistance, and therefore it looks as...

EUR/USD Forecast June 3, 2016, Technical Analysis

by FX Empire | June 3, 2016 6:42 am
The EUR/USD pair initially tried to rally during the day on Thursday, but turned around to form a negative candle. Because of this, looks as if the market is going to simply continue to consolidate around this...