AUD/USD Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:15 am
The AUD/USD pair initially rose during the course of the session on Friday, but found enough resistance again to turn things back around and form a shooting star, just as we did on Thursday. Because of this,...

USD/JPY Forecast June 20, 2014, Technical Analysis

by FX Empire | June 20, 2014 5:41 am
The USD/JPY pair fell initially during the session on Thursday, but found enough support near the 101.50 region to bounce and form a hammer. This hammer suggests that we are going to bounce from here, and probably...

USD/CAD Forecast June 20, 2014, Technical Analysis

by FX Empire | June 20, 2014 5:40 am
The USD/CAD pair fell during the bulk of the session on Thursday, but found enough support near the 1.08 handle to turn things back around and form a hammer. Because of that, we feel that the market...

GBP/USD Forecast June 20, 2014, Technical Analysis

by FX Empire | June 20, 2014 5:40 am
The GBP/USD pair broke out during the session on Thursday, clearing the 1.70 level. That being the case, the market looks as if it’s ready to continue going higher, and this level giving way is a massively...

EUR/USD Forecast June 20, 2014, Technical Analysis

by FX Empire | June 20, 2014 5:39 am
The EUR/USD pair tried to rally during the session on Thursday, but found the area above the 1.36 level to be a bit resistive, and turned things around to form a shooting star. This doesn’t surprise us,...

AUD/USD Forecast June 20, 2014, Technical Analysis

by FX Empire | June 20, 2014 5:38 am
The AUD/USD pair tried to rally during the session on Thursday, but found enough resistance just above the 0.94 level to turn things back around and form a shooting star. We do not look at the shooting...

USD/JPY Forecast June 19, 2014, Technical Analysis

by FX Empire | June 19, 2014 5:18 am
The USD/JPY pair initially tried to rally during the session on Wednesday, but turn things back around by the end of the day and plunged to the bottom of the recent consolidation. This market is essentially a...

USD/CAD Forecast June 19, 2014, Technical Analysis

by FX Empire | June 19, 2014 5:17 am
The USD/CAD pair initially rose on Wednesday, but turned back around to form a negative candle. In this general vicinity, we have seen a lot of tight action, so we do not expect much in the way...

GBP/USD Forecast June 19, 2014, Technical Analysis

by FX Empire | June 19, 2014 5:16 am
The GBP/USD pair initially fell during the session on Wednesday, but found enough support below to turn things back around and climbed towards the 1.70 level. With that being the case, the market made a massive challenge...

EUR/USD Forecast June 19, 2014, Technical Analysis

by FX Empire | June 19, 2014 5:15 am
The EUR/USD pair rose during the course of the session on Wednesday, but stays within the consolidation area that we’ve seen for some time. Because of this, it appears that the market should continue to bounce around...