USD/JPY Forecast May 8, 2015, Technical Analysis

by FX Empire | May 8, 2015 5:26 am
The USD/JPY pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a hammer. Does this, the market looks as if it is ready to continue going...

USD/CAD Forecast May 8, 2015, Technical Analysis

by FX Empire | May 8, 2015 5:25 am
The USD/CAD pair broke higher during the course of the day on Thursday, clearing the top of the hammer that had formed on Wednesday. However, both the United States and Canada have employment numbers coming out today,...

GBP/USD Forecast May 8, 2015, Technical Analysis

by FX Empire | May 8, 2015 5:24 am
The GBP/USD pair initially fell during the day on Thursday, but found enough support at the 1.52 level to turn things back around and form a hammer. This hammer of course suggests that the market should go...

EUR/USD Forecast May 8, 2015, Technical Analysis

by FX Empire | May 8, 2015 5:23 am
The EUR/USD pair fell during the session on Thursday, as a bit of profit taking probably took hold. However, the 1.12 level below should be supportive, but with the nonfarm payroll numbers coming out today, a lot...

AUD/USD Forecast May 8, 2015, Technical Analysis

by FX Empire | May 8, 2015 5:23 am
The AUD/USD pair had a very negative session on Thursday as we continue to see a lot of volatility near the 0.80 handle. Because of this, we are still bearish of the Australian dollar but we recognize...

USD/JPY Forecast May 7, 2015, Technical Analysis

by FX Empire | May 7, 2015 6:38 am
The USD/JPY pair fell hard during the day on Thursday but remains within the previous consolidation area. Because of this, we don’t really have any change in our opinion, just that we will have to wait to...

USD/CAD Forecast May 7, 2015, Technical Analysis

by FX Empire | May 7, 2015 6:37 am
The USD/CAD pair recently broke down during the course of the day on Wednesday, but found enough support below the 1.20 level to turn things back around and find a little bit of stability. However, the hammer...

GBP/USD Forecast May 7, 2015, Technical Analysis

by FX Empire | May 7, 2015 6:37 am
The GBP/USD pair had a pretty volatile session during the day on Wednesday as we continue to meander around the 1.52 region. This is a market that seems to be a bit confused, but right now it...

EUR/USD Forecast May 7, 2015, Technical Analysis

by FX Empire | May 7, 2015 6:36 am
The EUR/USD pair broke much higher during the day on Wednesday, as it certainly looks as if the Euro rally will continue going further. It’s a bit surprising to us, but quite frankly now that we are...

AUD/USD Forecast May 7, 2015, Technical Analysis

by FX Empire | May 7, 2015 6:36 am
The AUD/USD pair broke higher and even when above the 0.80 level again during the session on Wednesday, but for the second time upon reaching the level, the sellers came in and took over. With that, we...