GBP/USD Forecast May 19, 2015, Technical Analysis

by FX Empire | May 19, 2015 6:18 am
The GBP/USD pair fell during the course of the day on Monday, as the 1.58 level continues to offer significant amount of resistance. Ultimately though, we feel that the 1.55 level below is massively supportive, and that...

EUR/USD Forecast May 19, 2015, Technical Analysis

by FX Empire | May 19, 2015 6:17 am
The EUR/USD pair fell during the session on Monday, as we pulled back from the 1.15 level. We do believe that this market eventually goes higher, but we obviously need to pull back a little bit and...

AUD/USD Forecast May 19, 2015, Technical Analysis

by FX Empire | May 19, 2015 6:16 am
The AUD/USD pair fell during the day on Monday, dropping below the 0.80 level. This of course is a very negative looking candle, but there is quite a bit in the way of support just below so...

USD/JPY Forecast May 18, 2015, Technical Analysis

by FX Empire | May 16, 2015 1:10 pm
The USD/JPY pair initially tried to rally during the course of the day on Friday, but found the 120 level to be a far too tough of an opponent to take out. Because of this, we feel...

USD/CAD Forecast May 18, 2015, Technical Analysis

by FX Empire | May 16, 2015 1:09 pm
The USD/CAD pair tried to break higher during the course of the day on Friday, and did manage to close above the 1.20 level. However, we ended up forming a shooting star which of course is a...

GBP/USD Forecast May 18, 2015, Technical Analysis

by FX Empire | May 16, 2015 1:08 pm
The GBP/USD pair tried to rally during the course of the day on Friday, but found the 1.58 level to be a bit too resistive. However, this market does look like it’s going to be bullish overall...

EUR/USD Forecast May 18, 2015, Technical Analysis

by FX Empire | May 16, 2015 1:07 pm
The EUR/USD pair initially fell during the day on Friday, but found enough support below to turn things back around and form a hammer. The hammer of course is a very bullish sign and it is sitting...

AUD/USD Forecast May 18, 2015, Technical Analysis

by FX Empire | May 16, 2015 1:06 pm
The AUD/USD pair fell during the course of the day on Friday, testing the 0.80 level. Ultimately though, we ended up bouncing enough to form a nice-looking hammer and it appears of the market is going to...

USD/JPY Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:30 am
The USD/JPY pair fell hard during the day on Wednesday, breaking down to the 119 level. That being the case, the market looks as if it is ready to continue going lower, perhaps heading down to the...

USD/CAD Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:29 am
The USD/CAD pair fell significantly during the session on Wednesday, and even broke below the 200 day exponential moving average. Because of this, it now seems as if the market is ready to continue going lower. If...