USD/CAD Forecast May 12, 2015, Technical Analysis

by FX Empire | May 12, 2015 8:39 am
The USD/CAD pair initially fell during the day on Monday, but did slow down a bit. We still see a significant amount of support at the 1.20 level, and of course the 200 day exponential moving average...

GBP/USD Forecast May 12, 2015, Technical Analysis

by FX Empire | May 12, 2015 8:37 am
The GBP/USD pair broke higher during the course of the day on Monday, breaking above the 1.55 level. That is an area that has been massively resistive in the past, and as a result we feel that...

EUR/USD Forecast May 12, 2015, Technical Analysis

by FX Empire | May 12, 2015 8:36 am
The EUR/USD pair initially tried to rally during the course of the session on Monday, but found the 1.12 level to be a bit too resistive. With that, the market looks like it is trying to break...

AUD/USD Forecast May 12, 2015, Technical Analysis

by FX Empire | May 12, 2015 8:35 am
The AUD/USD pair broke higher during the course of the session on Monday, but remained fairly stagnant overall. With that, the market looks as if there is a significant amount of resistance at the 0.80 level above,...

AUD/USD Forecast May 12, 2015, Technical Analysis

by FX Empire | May 12, 2015 8:33 am
The AUD/USD pair broke higher during the course of the session on Monday, but remained fairly stagnant overall. With that, the market looks as if there is a significant amount of resistance at the 0.80 level above,...

Long-Term Reversal on GBPUSD (May 12, 2015)

by Kate Curtis | May 12, 2015 8:03 am
GBPUSD may be done with its long-term selloff, as the pair formed a reversal pattern on its daily time frame. An inverse head and shoulders can be seen and price is already testing the neckline around the...

AUDUSD Symmetrical Triangle (May 11, 2015)

by Kate Curtis | May 11, 2015 5:23 am
AUDUSD has been creating lower highs and making higher lows, forming a symmetrical triangle forex chart pattern on its 1-hour time frame. At the moment, the pair is testing the triangle support near the .7900 major psychological...

USD/JPY Forecast May 11, 2015, Technical Analysis

by FX Empire | May 9, 2015 2:18 pm
The USD/JPY pair went higher during the beginning of the session on Friday, but turned back around to form a bit of a shooting star. However, the market looks as if it is simply grinding away in...

USD/CAD Forecast May 11, 2015, Technical Analysis

by FX Empire | May 9, 2015 2:17 pm
The USD/CAD pair fell during the course of the day on Friday, but found support at the 1.20 level yet again. The market looks rather sideways, but in the weekly timeframe we have a significant amount of...

GBP/USD Forecast May 11, 2015, Technical Analysis

by FX Empire | May 9, 2015 2:17 pm
The GBP/USD pair went back and forth during the course of the day on Friday, testing the 1.55 level. That’s an area that has been resistive previously, and it certainly was on Friday. If we can break...