AUD/USD Forecast July 31, 2015, Technical Analysis

by FX Empire | July 31, 2015 6:24 am
The AUD/USD pair initially fell during the course of the session on Thursday, but found enough support near the 0.7250 level again to cause a bounce and form a hammer. This hammer of course suggests that we...

EURCHF Breakout Correction (July 30, 2015)

by Kate Curtis | July 30, 2015 7:37 am
EURCHF is pulling back from its strong upside break past the symmetrical triangle resistance on the 4-hour chart and may be due for a retest of the 1.0500 major psychological support. This lines up with the 61.8%...

USD/JPY Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:06 am
The USD/JPY pair tried to rally during the course of the session on Tuesday, but pullback as the market continues to chop around in general. Nonetheless, we think that this market does go higher given enough time,...

USD/CAD Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:05 am
The USD/CAD pair broke down during the course of the session on Tuesday, but still remains within an area of massive support, extending all the way down to the 1.28 handle. With this, we are buyers on...

GBP/USD Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:04 am
The GBP/USD pair initially fell during the session on Tuesday, but found support near the 1.55 level to turn things back around and climbed higher. We believe that this market is going to continue to go a...

EUR/USD Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:03 am
The EUR/USD pair initially fell during the day on Tuesday, but found the 1.10 level to be supportive enough to turn the market back around. By doing so, it shows that the 1.10 level continues to have...

AUD/USD Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:02 am
The AUD/USD pair broke higher during the course of the day on Tuesday, but still has plenty of noise just above, not to mention the fact that we have a ceiling at the 0.75 level at the...

EURAUD Uptrend Line (July 29, 2015)

by Kate Curtis | July 29, 2015 7:16 am
 EURAUD has been trending higher on the 4-hour time frame and price looks ready to make another test of the uptrend line connecting the recent lows. Price could draw support around the 1.5000 to 1.5100 area, which...

GBPAUD Correction Setup (July 28, 2015)

by Kate Curtis | July 28, 2015 7:12 am
GBPAUD has been on a strong uptrend on its longer-term time frames, but a pullback seems to be materializing on the 1-hour chart. The pair has recently found resistance at the 2.1400 major psychological mark and might...

USD/JPY Forecast July 28, 2015, Technical Analysis

by FX Empire | July 28, 2015 6:11 am
The USD/JPY pair fell during the session on Monday, but did find a little bit of support near the 123 handle. There is a gap at this particular area from early June, so we feel that it...