USD/CAD Forecast June 23, 2015, Technical Analysis

by FX Empire | June 23, 2015 7:51 am
The USD/CAD pair initially fell during the day on Monday, but found enough support near the 1.22 level to turn things back around and form a positive candle. The positive candle suggests that we are going to...

GBP/USD Forecast June 23, 2015, Technical Analysis

by FX Empire | June 23, 2015 7:50 am
The GBP/USD pair broke out a few sessions ago as we cleared the 1.58 handle. On Monday, we pulled back to find support at that previous resistance barrier, something that you would expect if you use technical...

EUR/USD Forecast June 23, 2015, Technical Analysis

by FX Empire | June 23, 2015 7:50 am
The EUR/USD pair fell during the day on Monday, but continues to find plenty of support. We believe that ultimately that this market breaks out to the upside but it has to clear the 1.15 level to...

AUD/USD Forecast June 23, 2015, Technical Analysis

by FX Empire | June 23, 2015 7:49 am
The AUD/USD pair fell during the course of the session on Monday, testing the 0.77 level. This is an area that has been supportive in the past, so it’s not a big surprise if we were to...

EURUSD Wedge Breakdown (June 23, 2015)

by Kate Curtis | June 23, 2015 4:45 am
EURUSD has been consolidating inside a rising wedge pattern for the past few weeks and is recently showing signs of a breakdown. Price is trading below the 1.1300 handle and may be in for around 200 pips...

EURCHF Uptrend Channel (June 22, 2015)

by Kate Curtis | June 22, 2015 6:01 am
EURCHF is trending higher on its 4-hour time frame, with price testing support at the bottom of the rising channel around the 1.0400 major psychological level. Stochastic is indicating oversold conditions and is starting to move higher,...

USD/JPY Forecast June 22, 2015, Technical Analysis

by FX Empire | June 21, 2015 3:21 am
The USD/JPY pair initially rallied during the course of the session on Friday, but turned back around to test the bottom of the hammer that formed on Thursday. Nonetheless, we find yourselves simply consolidating, and it is...

USD/CAD Forecast June 22, 2015, Technical Analysis

by FX Empire | June 21, 2015 3:20 am
The USD/CAD pair broke higher during the course of the session on Friday, as the market broke above the hammer from the Thursday session. Because of that, we feel that the market will continue to go higher,...

GBP/USD Forecast June 22, 2015, Technical Analysis

by FX Empire | June 21, 2015 3:20 am
The GBP/USD pair initially fell on Friday, but found enough support below to turn things back around and form a hammer. The hammer of course is a bullish sign, and the fact that we broke above the...

EUR/USD Forecast June 22, 2015, Technical Analysis

by FX Empire | June 21, 2015 3:19 am
The EUR/USD pair fell during the course of the session on Friday, but found support near the 1.13 level to turn things back around and form a hammer. The hammer of course suggests buying, but we do...