GBP/USD Forecast July 1, 2015, Technical Analysis

by FX Empire | July 1, 2015 6:15 am
The GBP/USD pair went back and forth during the course of the day on Tuesday, bouncing off the 1.57 level again. This is an area that looks like it is rather supportive, so at this point in...

EUR/USD Forecast July 1, 2015, Technical Analysis

by FX Empire | July 1, 2015 6:15 am
Although the EUR/USD pair had a slightly negative session on Tuesday, the fact of the matter is that we bounced hard enough on Monday to suggest that there is quite a bit of buying pressure underneath. With...

AUD/USD Forecast July 1, 2015, Technical Analysis

by FX Empire | July 1, 2015 6:14 am
The AUD/USD pair rose during the course of the session on Tuesday, as we continue to consolidate between the 0.76 level on the bottom, and the 0.78 level on the top. With that, we are not necessarily...

USD/JPY Forecast June 30, 2015, Technical Analysis

by FX Empire | June 30, 2015 10:40 am
The USD/JPY pair fell during most of the session on Monday, as the world reacted to the situation in Greece. However, at the end of the day the reality is that the market places do seem to...

USD/CAD Forecast June 30, 2015, Technical Analysis

by FX Empire | June 30, 2015 10:39 am
The USD/CAD pair initially rallied during the course of the session on Monday, but gave back some of the gains. By doing so, this is a market that seems to really have no conviction at all. Because...

GBP/USD Forecast June 30, 2015, Technical Analysis

by FX Empire | June 30, 2015 10:39 am
The GBP/USD pair initially rallied during the session on Monday, but found enough resistance at the 1.58 level to keep the market somewhat muted. With that, we believe that ultimately this market will go higher but we...

EUR/USD Forecast June 30, 2015, Technical Analysis

by FX Empire | June 30, 2015 10:38 am
The EUR/USD pair gapped lower at the open on Monday, crashing into the 1.10 handle. This area had enough support in it though to keep the market afloat and we bounced much higher. In fact, we ended...

AUD/USD Forecast June 30, 2015, Technical Analysis

by FX Empire | June 30, 2015 10:37 am
The AUD/USD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle. Remarkably, this market was fairly calm while so many others sold off rather...

USD/JPY Forecast June 29, 2015, Technical Analysis

by FX Empire | June 29, 2015 9:03 am
The USD/JPY pair rose during the course of the day on Friday, showing that there is still some resilience in this market. However, we recognize that the market has cooled off lately, mainly because the 125 level...

USD/CAD Forecast June 29, 2015, Technical Analysis

by FX Empire | June 29, 2015 9:02 am
Initially during the session on Friday, the USD/CAD pair tried to rally but failed. The 1.24 level continues offer significant resistance, so we believe that the market is just simply going to fall from here but will...