USD/CAD Forecast June 5, 2015, Technical Analysis

by FX Empire | June 5, 2015 5:58 am
The USD/CAD pair went back and forth during the course of the session on Thursday, as we continue to consolidate between the 1.24 level on the bottom, and the 1.25 level on the time. With that being...

GBP/USD Forecast June 5, 2015, Technical Analysis

by FX Empire | June 5, 2015 5:58 am
The GBP/USD pair initially rallied during the session on Thursday, but then turned back around to form a bit of a shooting star. However, we believe that a lot of the selling pressure probably was due to...

EUR/USD Forecast June 5, 2015, Technical Analysis

by FX Empire | June 5, 2015 5:57 am
The EUR/USD pair initially broke higher during the course of the day on Thursday, but found enough resistance at the 1.14 level to turn things back around and form a shooting star. The shooting star is of...

AUD/USD Forecast June 5, 2015, Technical Analysis

by FX Empire | June 5, 2015 5:56 am
We AUD/USD pair fell slightly during the session on Thursday, but still hasn’t completely wiped out the gains from Tuesday. With that being the case, we feel that there is significant support just below, near the 0.76...

USD/JPY Forecast June 4, 2015, Technical Analysis

by FX Empire | June 4, 2015 6:56 am
The USD/JPY pair bounced during the course of the session on Wednesday, as we continue to meander between the 124 level on the bottom, and the 125 level on the top. Because of this, we believe that...

USD/CAD Forecast June 4, 2015, Technical Analysis

by FX Empire | June 4, 2015 6:55 am
The USD/CAD pair initially rallied during the session on Wednesday, but found enough resistance above the 1.25 level to turn things back around and form a choppy but positive candle. That being the case, the market looks...

GBP/USD Forecast June 4, 2015, Technical Analysis

by FX Empire | June 4, 2015 6:54 am
The GBP/USD pair broke higher after initially falling during the session on Wednesday. Ultimately, we ended up forming a hammer, which of course is a very positive sign. On top of that, it was at the top...

EUR/USD Forecast June 4, 2015, Technical Analysis

by FX Empire | June 4, 2015 6:52 am
The EUR/USD pair broke higher after initially pulling back on Wednesday, as it looks like we are ready to head towards the top of the consolidation area. That should have the market heading back to the 1.1450...

AUD/USD Forecast June 4, 2015, Technical Analysis

by FX Empire | June 4, 2015 6:50 am
The AUD/USD pair went back and forth during the course of the session on Wednesday, showing a bit of indecision. At that point, it looks as if we still have plenty of support below, and as a...

USD/JPY Forecast June 2, 2015, Technical Analysis

by FX Empire | June 2, 2015 6:24 am
The USD/JPY pair initially fell during the day on Monday, but turned back around to test the 125 level. Although we did not close above there, the market did close enough to make us believe that we...