USD/CAD Forecast June 18, 2015, Technical Analysis

by FX Empire | June 18, 2015 9:07 am
The USD/CAD pair initially rallied during the course of the session on Wednesday, but then turned back around to fall towards the 1.22 handle. Ultimately, we believe that this market should find support below though, so really...

GBP/USD Forecast June 18, 2015, Technical Analysis

by FX Empire | June 18, 2015 9:07 am
The GBP/USD pair broke much higher during the course of the session on Wednesday as we finally cleared the 1.58 level. Because of this, we feel that the market has broken out and it’s only a matter...

EUR/USD Forecast June 18, 2015, Technical Analysis

by FX Empire | June 18, 2015 9:06 am
The EUR/USD pair initially fell during the session on Wednesday, but the FOMC statement of course turn the market back around and we shot straight up towards the 1.14 level. However, there is a significant amount of...

AUD/USD Forecast June 18, 2015, Technical Analysis

by FX Empire | June 18, 2015 9:03 am
The AUD/USD pair initially fell during the course of the session on Wednesday, finding support near the 0.7650 level. Ultimately, the market looks as if it wants to go higher though, because we ended up forming a...

EURUSD Triangle Breakout (June 18, 2015)

by Kate Curtis | June 18, 2015 6:53 am
EURUSD just broke out of its short-term consolidation pattern, signaling that further gains are possible for the pair. Recall that price had traded inside a symmetrical triangle pattern before breaking to the upside past the 1.1300 major...

EURGBP Range Support (June 17, 2015)

by Kate Curtis | June 17, 2015 6:27 am
EURGBP has been moving sideways on its 4-hour time frame, finding support at the .7100 major psychological level and resistance at the .7400 major psychological level. The moving averages are also moving sideways, indicating that price could...

USD/JPY Forecast June 17, 2015, Technical Analysis

by FX Empire | June 17, 2015 6:07 am
The USD/JPY pair did very little during the session on Wednesday, as we continue to bounce around the 123 handle. We ultimately believe that this market goes higher given enough time though, so we don’t have any...

USD/CAD Forecast June 17, 2015, Technical Analysis

by FX Empire | June 17, 2015 6:07 am
The USD/CAD pair continues to simply go sideways and really not make much in the way of a serious move has Wednesday proved to be very fruitless. At this point in time though, we also pay attention...

GBP/USD Forecast June 17, 2015, Technical Analysis

by FX Empire | June 17, 2015 6:06 am
The GBP/USD pair initially fell during the day on Wednesday, but found enough support below yet again to turn things back around and form a hammer. With this, the market looks like it is still very bullish,...

EUR/USD Forecast June 17, 2015, Technical Analysis

by FX Empire | June 17, 2015 6:06 am
The EUR/USD pair went back and forth during the course of the session on Wednesday, as we found the 1.12 level to be supportive. We believe that this market continues to bounce back and forth as we...