USD/CAD Forecast July 9, 2015, Technical Analysis

by FX Empire | July 9, 2015 9:30 am
The USD/CAD pair went back and forth during the day on Wednesday, essentially stalling after having such a large move to the upside recently. With that being the case, we feel that the market is starting to...

GBP/USD Forecast July 9, 2015, Technical Analysis

by FX Empire | July 9, 2015 9:30 am
The GBP/USD pair had a fairly negative session on Wednesday, as the world continues to run toward safety asset such as the US dollar. However, we are getting close to a significant amount support that extends all...

EUR/USD Forecast July 9, 2015, Technical Analysis

by FX Empire | July 9, 2015 9:29 am
The EUR/USD pair broke higher during the course of the session on Wednesday, using the 1.10 level as a bit of a springboard. Because of this, the market looks as if it is ready to continue going...

AUD/USD Forecast July 9, 2015, Technical Analysis

by FX Empire | July 9, 2015 9:28 am
The AUD/USD pair initially fell during the day on Wednesday, but then turned back around to form a bit of a hammer. This hammer of course suggests that we are going to see a bounce from this...

NZDUSD 200 SMA Resistance (July 9, 2015)

by Kate Curtis | July 9, 2015 9:26 am
NZDUSD has been on a strong downtrend in the past few weeks but price is pulling up to test a resistance level on its 1-hour time frame. Price is trading around the descending trend line connecting the...

USD/JPY Forecast July 8, 2015, Technical Analysis

by FX Empire | July 8, 2015 5:55 am
The USD/JPY pair initially fell during the course of the session on Tuesday, testing the 122 handle. With that, we bounced off of that area in order to form a bit of a hammer. The hammer of...

USD/CAD Forecast July 8, 2015, Technical Analysis

by FX Empire | July 8, 2015 5:54 am
The USD/CAD pair broke higher during the course of the session on Tuesday again, but gave back about half of the gains. Ultimately though, we believe that the market will continue to go higher but this could...

GBP/USD Forecast July 8, 2015, Technical Analysis

by FX Empire | July 8, 2015 5:53 am
The GBP/USD pair broke down significantly during the session on Tuesday, slicing through the 1.55 handle. This was an area that we had suggested as being massively supportive, so now that we have broken down below it,...

EUR/USD Forecast July 8, 2015, Technical Analysis

by FX Empire | July 8, 2015 5:53 am
The EUR/USD pair initially fell during the course of the session on Tuesday, but found support just above the 1.09 level in order to form a hammer. The hammer of course suggests that the buyers are returning...

AUD/USD Forecast July 8, 2015, Technical Analysis

by FX Empire | July 8, 2015 5:52 am
The AUD/USD pair initially fell during the course of the session on Tuesday, testing the 0.74 level. That area caused quite a bit of a bounce, and as a result it looks like we are going to...