USD/CAD Forecast May 27, 2014, Technical Analysis

by FX Empire | May 27, 2014 8:27 am
The USD/CAD pair initially fell during the session on Monday, but found a little bit of support towards the end of the day. Nonetheless, with the Americans away celebrating Memorial Day, the liquidity in this particular pair...

GBP/USD Forecast May 27, 2014, Technical Analysis

by FX Empire | May 27, 2014 8:25 am
The GBP/USD pair did little during the session on Monday, but with the Americans and British away for holiday that wasn’t much of a surprise. Ultimately, we feel that the market should continue to go higher, aiming...

EUR/USD Forecast May 27, 2014, Technical Analysis

by FX Empire | May 27, 2014 8:25 am
The EUR/USD pair initially fell during the session on Monday, but found enough support at the 1.36 level to turn things background inform a relatively supportive looking candle. However, the 1.37 level above should be rather resistive,...

AUD/USD Forecast May 27, 2014, Technical Analysis

by FX Empire | May 27, 2014 8:24 am
The AUD/USD pair did almost nothing during the session on Monday, as we remain just below the 0.9250 level. With that, we feel that the market should continue to go sideways, and the session on Monday was...

AUD/JPY Retracement Setup (May 27, 2014)

by Kate Curtis | May 27, 2014 6:48 am
AUD/JPY recently made a strong break below a support level and may be ready for a quick retracement before resuming its drop. The pair previously found support at the 94.50 minor psychological level and the break took...

USDCAD Daily Analysis – May 27, 2014

by ForexCycle.com | May 27, 2014 2:03 am
USDCAD broke below 1.0850 support, indicating that the upward movement from 1.0813 had completed at 1.0941 already. Further decline could be expected in a couple of days, and next target would be at 1.0700 area. Resistance is...

USDCHF Daily Analysis – May 27, 2014

by ForexCycle.com | May 27, 2014 2:02 am
USDCHF remains in uptrend from 0.8702, the fall from 0.8971 could be treated as consolidation of the uptrend. Near term support is at 0.8920, as long as this level holds, the uptrend could be expected to continue,...

USDJPY Daily Analysis – May 27, 2014

by ForexCycle.com | May 27, 2014 2:01 am
USDJPY is now in uptrend from 100.83. Further rise would likely be seen in a couple of days, and next target would be at 102.80 area. Support is at 101.55, only break below this level will indicate...

AUDUSD Daily Analysis – May 27, 2014

by ForexCycle.com | May 27, 2014 2:00 am
AUDUSD moved sideways in a narrow range between 0.9208 and 0.9273. As long as 0.9273 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9408, another fall is still...

GBPUSD Daily Analysis – May 27, 2014

by ForexCycle.com | May 27, 2014 1:59 am
GBPUSD remains in short term downtrend from 1.6920. Another fall could be expected and next target would be at 1.6750 area. Resistance is at 1.6920, only break above this level will indicate that the uptrend from 1.6731...