EUR/USD Forecast June 14, 2016, Technical Analysis

by FX Empire | June 14, 2016 9:31 am
The EUR/USD pair broke higher during the day on Monday, testing the 1.13 level for resistance. Ultimately, the market has been rather impulsive to the upside previously, so if we can break above the top of the...

AUD/USD Forecast June 14, 2016, Technical Analysis

by FX Empire | June 14, 2016 9:30 am
The AUD/USD pair rallied during the course of the session on Monday, but turned back around to form a bit of a shooting star. However, I do see quite a bit of noise just below, so I’m...

EURJPY Correction Setup (June 14, 2016)

by Kate Curtis | June 14, 2016 5:13 am
EURJPY recently made a strong break below support around the 121.50 minor psychological level then dipped close to 119.00. Price seems to be making a pullback from here, offering an opportunity to for sellers to catch the drop...

NZDUSD Countertrend Play (June 13, 2016)

by Kate Curtis | June 13, 2016 5:26 am
NZDUSD has been trading inside a long-term rising channel visible on its daily chart. Price is currently testing the resistance and might be due for a selloff towards support.  Stochastic is indicating overbought conditions so buyers might...

USD/JPY Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:51 am
The USD/JPY pair initially fell during the day on Friday but turned right back around to form a hammer. The hammer of course is a bullish sign, which of course was preceded by a hammer on Thursday...

USD/CAD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:50 am
The USD/CAD pair initially fell during the course of the session on Friday, but turn right back around to form a hammer. The hammer of course is a bullish sign so we could get a bit of...

GBP/USD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:50 am
The GBP/USD pair fell significantly during the course of the day on Friday, testing the bottom of the recent consolidation area. If we can break down below the bottom of the range for the Friday session, we...

EUR/USD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:49 am
The EUR/USD pair fell slightly during the course of the day on Friday, as we continue to grind lower. However, the markets have quite a bit of support below, especially considering that we have the massive impulsive...

AUD/USD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:48 am
The AUD/USD pair fell slightly during the course the day on Friday, slicing through the 0.74 handle. Because of this, and of course the fact that we ended up forming a shooting star on the weekly chart,...

USD/JPY Forecast June 10, 2016, Technical Analysis

by FX Empire | June 10, 2016 8:16 am
The USD/JPY pair fell during the course of the session on Thursday, but bounced enough to form a bit of a hammer. That’s a very bullish sign, and as a result it’s likely that we could bounce,...