GBP/USD Forecast April 22, 2015, Technical Analysis

by FX Empire | April 22, 2015 5:43 am
The GBP/USD pair initially rallied during the session on Tuesday, but found a bit of resistance as we started to approach the 1.50 level. This is an area that should continue to be massively resistive, so we...

EUR/USD Forecast April 22, 2015, Technical Analysis

by FX Empire | April 22, 2015 5:43 am
The EUR/USD pair went back and forth during the course of the day on Tuesday, ultimately settling on a relatively neutral candle. With this, looks like the market is simply looking stagnant at that point, just as...

USD/JPY Forecast April 21, 2015, Technical Analysis

by FX Empire | April 21, 2015 5:51 am
The USD/JPY pair initially fell during the day on Monday, but found enough support at the 118.50 level to turn things back around. Ultimately, we feel that the market should continue to go higher now, as the...

USD/CAD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 21, 2015 5:51 am
The USD/CAD pair did very little during the session on Monday, as we continue to hang about the 1.22 handle. We did form a hammer on Friday though, so we could be getting ready to bounce a...

GBP/USD Forecast April 21, 2015, Technical Analysis

by FX Empire | April 21, 2015 5:50 am
The GBP/USD pair fell during the course of the session on Monday, but more importantly broke down below the bottom of the shooting star from Friday. Because of this, we have become bearish of this pair yet...

EUR/USD Forecast April 21, 2015, Technical Analysis

by FX Empire | April 21, 2015 5:49 am
The EUR/USD pair did almost nothing during the session, ending with a slightly bearish candle. However, looks at the pair is getting ready to “roll over”, and with that we feel that the market is probably heading...

AUD/USD Forecast April 21, 2015, Technical Analysis

by FX Empire | April 21, 2015 5:48 am
The AUD/USD pair initially tried to rally during the day on Monday, but as you can see turned back around and fell rather significantly. In fact, we tested the 0.77 level, and as a result it looks...

USDCAD Short-Term Retracement (Apr 21, 2015)

by Kate Curtis | April 21, 2015 4:24 am
USDCAD has been trading lower in the past few days, after breaking below support at the 1.2450 minor psychological level. Since then, the pair has tested support at the 1.2100 major psychological level and showed signs of...

USDJPY Triangle Formation (Apr 20, 2015)

by Kate Curtis | April 20, 2015 5:59 am
USDJPY has been consolidating tightly recently, as the pair even formed a long-term triangle formation on the daily chart. The pair has created higher lows and found resistance at the 121.00 handle, forming an ascending triangle chart...