USD/CAD Forecast May 26, 2014, Technical Analysis

by FX Empire | May 24, 2014 11:54 am
The USD/CAD pair initially tried to rally during the session on Friday, but found the 1.09 level to be far too resistive. That being the case, the market did in fact fall to the 1.0850 area, but...

GBP/USD Forecast May 26, 2014, Technical Analysis

by FX Empire | May 24, 2014 11:53 am
The GBP/USD pair fell during the session on Friday, straight a bit of weakness as we plunged towards the 1.68 handle. That region should continue to be supportive, and as a result we feel that supportive looking...

EUR/USD Forecast May 26, 2014, Technical Analysis

by FX Empire | May 24, 2014 11:52 am
The EUR/USD pair initially fell during the course of the session on Friday, but found the 1.36 level supportive enough to bounce slightly. However, this market does look like it’s ready to break down and as a...

AUD/USD Forecast May 26, 2014, Technical Analysis

by FX Empire | May 24, 2014 11:52 am
The AUD/USD pair rose during the course of the session on Friday, testing the 0.9250 level. That area caused enough resistance to form a shooting star though, and as a result for the 2nd day in a...

USD/JPY Forecast May 22, 2014, Technical Analysis

by FX Empire | May 22, 2014 6:08 am
The USD/JPY pair initially fell hard during the session on Wednesday, dipping below the significant 101 level. That level has been rather supportive over the last several weeks and as a result we were a bit surprised...

USD/CAD Forecast May 22, 2014, Technical Analysis

by FX Empire | May 22, 2014 6:07 am
The USD/CAD pair tried to rally during the session on Wednesday, but found the 1.0950 level to be far too resistive. With that resistance, we pulled back and formed a shooting star. This shooting star suggests that...

GBP/USD Forecast May 22, 2014, Technical Analysis

by FX Empire | May 22, 2014 6:07 am
GBP/USD pair rose during the session on Wednesday, showing real strength as we broke the top of the shooting star. We tested the 1.69 level, which of course offered a bit of resistance, but at the end...

EUR/USD Forecast May 22, 2014, Technical Analysis

by FX Empire | May 22, 2014 6:06 am
The EUR/USD pair fell during the bulk of the session on Wednesday, with that, we feel that the market forming the hammer at this point suggests that the 1.37 level will certainly continue to offer support, and...

AUD/USD Forecast May 22, 2014, Technical Analysis

by FX Empire | May 22, 2014 6:05 am
The AUD/USD pair fell during most of the session on Wednesday, but found enough support closer to the 0.92 handle to turn things back around and form a hammer. This hammer is sitting just that the bottom...

USD/JPY Forecast May 21, 2014, Technical Analysis

by FX Empire | May 21, 2014 3:17 am
The USD/JPY pair fell during the session on Tuesday, as it continues to test the 101.25 region. The real support probably extends all the way down to the handle, so 101 would need to be broken in...