AUD/USD Forecast June 23, 2016, Technical Analysis

by FX Empire | June 23, 2016 5:08 am
The GBP/USD pair initially tried to rally during the day on Wednesday, but struggled again at the 1.48 level. It is obvious that the 1.48 level has become a significant resistance barrier, and if we can break...

AUD/USD Forecast June 23, 2016, Technical Analysis

by FX Empire | June 23, 2016 5:07 am
The AUD/USD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high. However, we are still fighting more of a grind than anything else. Ultimately, this is the market to...

EURUSD Rising Channel (June 23, 2016)

by Kate Curtis | June 23, 2016 4:14 am
EURUSD seems to have bullish momentum on its side at the moment, as price is moving inside an ascending channel and bouncing off support. A test of the channel resistance at 1.1600 could be underway but there’s...

USD/JPY Forecast June 22, 2016, Technical Analysis

by FX Empire | June 22, 2016 5:53 am
The USD/JPY pair broke higher during the course of the session on Tuesday, but as you can see the 105 level continues to be resistive. Because of this, I’m waiting to see whether or not we get...

GBP/USD Forecast June 22, 2016, Technical Analysis

by FX Empire | June 22, 2016 5:52 am
The GBP/USD pair initially rallied during the course of the day on Tuesday, but found the 1.48 level above was resistive enough to turn things back around completely. Because of this, we formed a very negative candle...

EUR/USD Forecast June 22, 2016, Technical Analysis

by FX Empire | June 22, 2016 5:51 am
The EUR/USD pair initially tried to rally during the day on Tuesday but turn right back around to form a very negative candle. We broke down through the gap that formed during the Monday session, and as...

AUD/USD Forecast June 22, 2016, Technical Analysis

by FX Empire | June 22, 2016 5:51 am
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but struggled at the 0.75 level ended up turning things back around and form a shooting star in order to show signs...

EURAUD Descending Channel (June 22, 2016)

by Kate Curtis | June 22, 2016 2:26 am
EURAUD has been trending lower, moving inside a descending channel on its 4-hour time frame. Price is currently testing the channel support and might be due for a bounce back to the resistance at the 1.5200 major...

USD/JPY Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:27 am
USD/JPY initially rallied during the day on Monday, but then turned right back around to form a fairly negative candle. That of course gives us an opportunity to sell this market on short-term rallies as they appear....

USD/CAD Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:27 am
The USD/CAD pair gapped lower at the open on Monday, and drifted a little bit lower. Ultimately, this is a market that should continue to fall towards the 1.2650 level next, and then perhaps even lower. Remember...