USD/JPY Forecast May 24, 2016, Technical Analysis
The USD/JPY pair fell during the day on Monday, as the 110 level has proven to be a bit too resistive. Because of this, it shows that we are going to struggle to get above there. However,...
Author: FX Empire
USD/CAD Forecast May 24, 2016, Technical Analysis
The USD/CAD pair did very little during the course of the day on Monday, as we continue to meander around the 1.31 handle. Quite frankly, it looks a little bit exhausted, so we could very well pullback....
GBP/USD Forecast May 24, 2016, Technical Analysis
The GBP/USD pair went back and forth during the course of the session on Monday, testing the 1.45 level in a couple of different directions. Ultimately, we will trade in the same direction that we break out...
EUR/USD Forecast May 24, 2016, Technical Analysis
The EUR/USD pair initially tried to go higher on Monday, but turned back around to form a slightly negative candle. The area just below the 1.12 level is massively supportive, and as a result it makes sense...
AUD/USD Forecast May 24, Technical Analysis
The AUD/USD pair went back and forth on Monday, as we continue to struggle with the 0.73 level. Any rally at this point in time should have to deal with quite a bit of resistance, going all...
USD/JPY Forecast May 23, 2016, Technical Analysis
The USD/JPY pair initially tried to rally during the day on Friday but turned back around to form a bit of a shooting star. Because of this, it looks as if the market could pull back from...
USD/CAD Forecast May 23, 2016, Technical Analysis
The USD/CAD pair rose during the course of the session on Friday, as we continue to see gains in the US dollar. However, there is a bit of a barrier at the 1.32 level, so having said...
GBP/USD Forecast May 23, 2016, Technical Analysis
The GBP/USD pair broke down below the bottom of the shooting star from the Thursday session during Friday, and as a result we broke down below the 1.45 handle and close towards the bottom of the range....
EUR/USD Forecast May 23, 2016, Technical Analysis
The EUR/USD pair found support at the 1.12 level, but did not bounce much. This being the case, we will probably try to grind higher but that’s about all we anticipate. We could go as high as...
AUD/USD Forecast May 23, 2016, Technical Analysis
The AUD/USD pair went back and forth during the day on Friday, as we had formed a supportive looking hammer on Thursday. Because of this, it’s very likely that the markets will find an opportunity to go...