AUD/USD Forecast June 13, 2014, Technical Analysis

by FX Empire | June 13, 2014 7:07 am
The AUD/USD pair broke above the 0.94 level during the session on Thursday, after initially falling. This is a very positive turn of events, and we believe that the Australian dollar will continue to gain. In fact,...

USD/JPY Forecast June 12, 2014, Technical Analysis

by FX Empire | June 12, 2014 6:22 am
The USD/JPY pair fell during the course of the session on Wednesday, but as you can see still found support near the 102 level. The market should be fighting buyers in this general vicinity, so we are...

USD/CAD Forecast June 12, 2014, Technical Analysis

by FX Empire | June 12, 2014 6:21 am
The USD/CAD pair fell during the course of the session on Wednesday, testing the 1.0850 level. With that, the market looks as if it is going to try to find support down at the 1.08 handle, which...

GBP/USD Forecast June 12, 2014, Technical Analysis

by FX Empire | June 12, 2014 6:20 am
The GBP/USD pair rose during the course of the session on Wednesday, bouncing off of the bottom of the range from the Tuesday session. The 1.68 level offered resistance though, so we stayed well within the very...

EUR/USD Forecast June 12, 2014, Technical Analysis

by FX Empire | June 12, 2014 6:19 am
The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. The shooting star suggests that we are going...

AUD/USD Forecast June 12, 2014, Technical Analysis

by FX Empire | June 12, 2014 6:18 am
The AUD/USD pair tried to rally during the course of the session on Wednesday, but found far too much in the way of resistance at the 0.94 level area, pulling back and forming a shooting star. The...

USD/JPY Forecast June 11, 2014, Technical Analysis

by FX Empire | June 11, 2014 9:00 am
The USD/JPY pair fell during the course of the session on Tuesday, but finds the 102 level supportive yet again. That area has been supportive time and time again, and as a result we are looking for...

USD/CAD Forecast June 11, 2014, Technical Analysis

by FX Empire | June 11, 2014 8:59 am
The USD/CAD pair went back and forth during the session on Tuesday, testing the 1.09 level for support and proving it to be so. With that, the market looks like it is testing the area for support...

GBP/USD Forecast June 11, 2014, Technical Analysis

by FX Empire | June 11, 2014 8:59 am
The GBP/USD pair fell during the course of the session on Tuesday, but remains above the vital 1.67 level that we believe is going to be supportive. We think somewhere closer to the 1.67 level we should...

EUR/USD Forecast June 11, 2014, Technical Analysis

by FX Empire | June 11, 2014 8:57 am
The EUR/USD pair fell during the course of the session on Tuesday, but still above the 1.35 handle. This is the area that we believe should be the absolute “floor” in this market, and because of that...