AUD/USD Forecast June 1, 2016, Technical Analysis

by FX Empire | June 1, 2016 8:11 am
The NZD/USD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday. While this is normally a very bullish sign, there is a significant amount of resistance above at...

USD/JPY Forecast May 31, 2016, Technical Analysis

by FX Empire | May 31, 2016 6:23 am
The USD/JPY pair initially tried to rally during the course of the day on Monday, but found the area near the 111.50 level to be a bit too resistive. The resulting shooting star candle suggests that we...

USD/CAD Forecast May 31, 2016, Technical Analysis

by FX Empire | May 31, 2016 6:22 am
The USD/CAD pair initially tried to rally during the course of the day on Monday, but with the Americans away at Memorial Day, the reality is that there wouldn’t have been much liquidity in this marketplace as...

GBP/USD Forecast May 31, 2016, Technical Analysis

by FX Empire | May 31, 2016 6:22 am
The GBP/USD pair initially fell during the course of the session on Monday, but turned gray back around to form a little bit of a hammer. The hammer of course is a very bullish sign, and as...

EUR/USD Forecast May 31, 2016, Technical Analysis

by FX Empire | May 31, 2016 6:21 am
The EUR/USD pair rose slightly during the course of the day on Monday, but you have to keep in mind that the Americans were away for the Memorial Day holiday. Because of this, the market would have...

AUD/USD Forecast May 31, 2016, Technical Analysis

by FX Empire | May 31, 2016 6:20 am
The AUD/USD pair initially fell during the course of the day on Monday, but turned back around to form a hammer. The hammer of course is very supportive, but there is quite a bit of noise just...

USD/JPY Forecast May 30, 2016, Technical Analysis

by FX Empire | May 28, 2016 6:43 am
The USD/JPY pair initially fell during the day on Friday, but then shot higher and above the 110 handle. This is a market that continues to see quite a bit of support underneath this area, so with...

GBP/USD Forecast May 30, 2016, Technical Analysis

by FX Empire | May 28, 2016 6:42 am
The GBP/USD pair initially tried to rally on Friday but then turn right back around form a negative candle. That being the case, looks as if we’re going to try to grind our way back down to...

EUR/USD Forecast May 30, 2016, Technical Analysis

by FX Empire | May 28, 2016 6:41 am
The EUR/USD pair fell slightly during the course of the session on Friday, as we continue to see bearishness. However, there is a massive amount of support near the 1.10 level below, so we are not expecting...

AUD/USD Forecast May 30, 2016, Technical Analysis

by FX Empire | May 28, 2016 6:41 am
The AUD/USD pair fell slightly during the course of the session here on Friday, as we continue to see quite a bit of negative pressure. With this being the case, we believe that rallies will continue to...