AUD/USD Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:53 am
The AUD/USD pair did very little during the session on Thursday, as we continue to grind sideways. Because of this, we feel that the market is essentially trying to build up enough momentum to break out, and...

USD/JPY Forecast June 26, 2014, Technical Analysis

by FX Empire | June 26, 2014 6:59 am
The USD/JPY pair fell during the bulk of the session on Wednesday, showing the 101.50 level to be supportive. That being the case, it feels as if the market is trying to get some type of traction...

EUR/USD Forecast June 26, 2014, Technical Analysis

by FX Empire | June 26, 2014 6:58 am
The EUR/USD pair broke higher during the session on Wednesday, but could not break out to the upside. With that being the case, we feel that the market is probably going to attempt to go higher, but...

USD/CAD Forecast June 26, 2014, Technical Analysis

by FX Empire | June 26, 2014 6:58 am
The USD/CAD pair fell during the session on Wednesday, staying within the consolidation area that we have seen over the last several sessions. That being the case, the 1.07 level looks to be supportive, and a break...

GBP/USD Forecast June 26, 2014, Technical Analysis

by FX Empire | June 26, 2014 6:56 am
The GBP/USD pair went back and forth during the session on Wednesday, essentially settling on a fairly unchanged candle. We tried to break above the 1.70 level, but failed. On the other hand, we found plenty of...

AUD/USD Forecast June 26, 2014, Technical Analysis

by FX Empire | June 26, 2014 6:56 am
The AUD/USD pair bounce from the lows during the session on Wednesday, showing that we still have plenty of support below and that the pressure should continue to break out and above the 0.95 handle. If we...

USD/JPY Forecast June 25, 2014, Technical Analysis

by FX Empire | June 25, 2014 6:55 am
USD/JPY pair trying to rally during the session on Tuesday, but found enough resistance above teacher things back around form a shooting star. With that, it looks as if the market simply can’t go anywhere, and a...

USD/CAD Forecast June 25, 2014, Technical Analysis

by FX Empire | June 25, 2014 6:54 am
The USD/CAD pair fell initially during the session on Tuesday, but found enough support to turn things back around and form a hammer. The hammer sits just below the 1.0750 level, which of course is a somewhat...

GBP/USD Forecast June 25, 2014, Technical Analysis

by FX Empire | June 25, 2014 6:54 am
The GBP/USD pair fell during the session on Tuesday, slicing through the 1.70 handle. While this is a negative move, there is a significant amount of support below, thereby making it impossible for us to start selling....

EUR/USD Forecast June 25, 2014, Technical Analysis

by FX Empire | June 25, 2014 6:53 am
The EUR/USD pair went back and forth on Tuesday, essentially hugging the 1.63 handle yet again. Because of this, we have no interest in trading this pair of the moment as it is essentially at the direct...