AUD/USD Forecast June 17, 2015, Technical Analysis

by FX Empire | June 17, 2015 6:05 am
The AUD/USD pair initially fell on Wednesday, but found enough support below to turn things back around to form a hammer for the day. However, the market is essentially stuck at the moment, so really at this...

USD/JPY Forecast June 16, 2015, Technical Analysis

by FX Empire | June 16, 2015 6:22 am
The USD/JPY pair initially broke higher during the session on Monday, but continues to see a lot of consolidation in this general vicinity. However, this isn’t a market that we are willing to sell. We are simply...

USD/CAD Forecast June 16, 2015, Technical Analysis

by FX Empire | June 16, 2015 6:22 am
The USD/CAD pair initially rose during the course of the session on Monday, but turned back around just below the 1.24 level. By doing so, they ended up forming a shooting star for the day, and it...

GBP/USD Forecast June 16, 2015, Technical Analysis

by FX Empire | June 16, 2015 6:21 am
The GBP/USD pair initially fell during the course of the session on Monday, but found enough support at the 1.55 level to turn things back around and form a nice-looking hammer. With that, it appears that the...

EUR/USD Forecast June 16, 2015, Technical Analysis

by FX Empire | June 16, 2015 6:21 am
The EUR/USD pair gapped lower at the open on Monday, but then turned back around to fill that gap. By filling that gap, we now look as if we are going to try to break out to...

AUD/USD Forecast June 16, 2015, Technical Analysis

by FX Empire | June 16, 2015 6:20 am
The AUD/USD pair broke higher during the course of the day on Monday, but remains below the 0.78 level that looks to be rather resistive. If we can break above there, we should then head to the...

EURAUD Forex Retracement (June 16, 2015)

by Kate Curtis | June 16, 2015 5:53 am
EURAUD has been forming higher lows on its 4-hour chart, creating a rising trend line and reflecting an ongoing uptrend. The pair seems to be making a correction from its latest rally and using the Fibonacci retracement...

USDCAD Short-Term Correction (June 15, 2015)

by Kate Curtis | June 15, 2015 6:11 am
USDCAD is showing signs of a pullback on its 1-hour time frame, as the pair bounced off the 1.2200 major psychological support area. Price is now testing resistance at the 38.2% Fibonacci retracement level, which lines up...

USD/JPY Forecast June 15, 2015, Technical Analysis

by FX Empire | June 13, 2015 11:37 am
The USD/JPY pair went back and forth in a very volatile session on Friday, as the market continues to try to figure out what to do next. We do believe ultimately this pair goes higher though, breaking...

USD/CAD Forecast June 15, 2015, Technical Analysis

by FX Empire | June 13, 2015 11:36 am
The USD/CAD pair initially tried to rally during the course of the session on Friday, but found the area above to be far too resistive. However, the 1.24 level above is resistance, followed by the 1.25 level...