AUD/USD Forecast June 17, 2014, Technical Analysis

by FX Empire | June 17, 2014 5:39 am
The AUD/USD pair went back and forth during the course of the session on Monday, showing the 0.9350 level to be supportive again. This area is the site of the recent breakout, so it’s not a big...

USD/JPY Forecast June 16, 2014, Technical Analysis

by FX Empire | June 14, 2014 10:17 am
The USD/JPY pair rose during the course of the session on Friday, testing the 102 level for resistance. This area has offered resistance and support before, so as a result the market looks as if it’s going...

USD/CAD Forecast June 16, 2014, Technical Analysis

by FX Empire | June 14, 2014 10:17 am
The USD/CAD pair did very little in the session for Friday, as the market simply sits just above the massive supportive area at 1.08 or so. That being the case, the market appears like it’s ready to...

GBP/USD Forecast June 16, 2014, Technical Analysis

by FX Empire | June 14, 2014 10:16 am
The GBP/USD pair tried to rally during the course of the session on Friday, but the 1.70 level offers resistance yet again. This area turned the market back around and formed a shooting star, and as a...

EUR/USD Forecast June 16, 2014, Technical Analysis

by FX Empire | June 14, 2014 10:15 am
The EUR/USD pair went back and forth during the session on Friday, testing the 1.35 region for support. However, at the end of the day we really didn’t do much, and as a result we feel that...

AUD/USD Forecast June 16, 2014, Technical Analysis

by FX Empire | June 14, 2014 10:14 am
The AUD/USD pair fell during the bulk of the session on Friday, but found enough support below to turn things back around and form a hammer. This hammer suggests that the market wants to break higher and...

USD/JPY Forecast June 13, 2014, Technical Analysis

by FX Empire | June 13, 2014 7:10 am
The USD/JPY why pair fell during the course of the session on Thursday, after initially trying to rally. However, what is most important is that we broke down below the 102 level, which of course is supportive....

USD/CAD Forecast June 13, 2014, Technical Analysis

by FX Empire | June 13, 2014 7:09 am
The USD/CAD pair fell during the course of the session on Thursday, but found enough support below to bounce a bit and form a hammer. We believe that the market should find buyers in this general vicinity,...

GBP/USD Forecast June 13, 2014, Technical Analysis

by FX Empire | June 13, 2014 7:08 am
The GBP/USD pair rose during the course of the session on Thursday, breaking above the 1.68 level, opening the path to the 1.70 level given enough time. We believe the pullbacks will continue to be opportunities to...

EUR/USD Forecast June 13, 2014, Technical Analysis

by FX Empire | June 13, 2014 7:07 am
The EUR/USD pair initially fell during the course of the session on Thursday, testing the 1.35 level again. With that being the case, the market bounced high from the massive support area, thereby forming a candle that...