USD/CAD Forecast June 6, 2014, Technical Analysis

by FX Empire | June 6, 2014 5:03 am
The USD/CAD pair fell during the course of the session on Thursday, testing the 1.09 handle for support. We did in fact find it there, so it’s very likely this market will find buyers just below. However,...

GBP/USD Forecast June 6, 2014, Technical Analysis

by FX Empire | June 6, 2014 4:58 am
The GBP/USD pair rose during the bulk of the session on Thursday, busting above the 1.68 level area. The market looks rather bullish, and as a result it is likely that we will continue to go higher,...

EUR/USD Forecast June 6, 2014, Technical Analysis

by FX Empire | June 6, 2014 4:44 am
The EUR/USD pair fell during the bulk of the session on Thursday as the Europeans went to negative real interest rates. However, you can see that perhaps the market had already priced this in, and the 1.35...

AUD/USD Forecast June 6, 2014, Technical Analysis

by FX Empire | June 6, 2014 4:35 am
The AUD/USD pair rose during the session on Thursday, breaking above the 0.93 handle. It appears that we are getting ready to go higher, and validate the consolidation area that we have been in for some time....

USD/JPY Forecast June 5, 2014, Technical Analysis

by FX Empire | June 5, 2014 6:22 am
The USD/JPY pair initially fell during the session on Wednesday, but found enough buyers below in order to send the market back up. Ultimately, we formed a positive candle, and it appears that we are in fact...

USD/CAD Forecast June 5, 2014, Technical Analysis

by FX Empire | June 5, 2014 6:21 am
The USD/CAD pair tried to breakout during the session on Wednesday, but in the end it appears that the market ran into far too much resistance above in order to continue going higher. With that, we feel...

GBP/USD Forecast June 5, 2014, Technical Analysis

by FX Empire | June 5, 2014 6:21 am
The GBP/USD pair went back and forth during the course of the session on Wednesday, ultimately settling at a relatively unchanged rate. In the case, we feel that this market is trying to find support below at...

EUR/USD Forecast June 5, 2014, Technical Analysis

by FX Empire | June 5, 2014 6:20 am
The EUR/USD pair fell during the session on Wednesday, as we simply grind away in the current area while we await whatever it is that the European Central Bank has decided. With that being the case, expect...

AUD/USD Forecast June 5, 2014 Technical Analysis

by FX Empire | June 5, 2014 6:19 am
The AUD/USD pair rose during the course of the session on Wednesday, but gave back roughly half of the gains by the time the session closed. That being the case, it looks as if we are in...

USD/JPY Forecast June 4, 2014, Technical Analysis

by FX Empire | June 4, 2014 4:44 am
The USD/JPY pair initially fell during the session on Monday, but as you can see ended up bouncing enough to form a hammer by the end of the day. This hammer of course suggests that the markets...