USD/CAD Forecast June 24, 2014, Technical Analysis

by FX Empire | June 24, 2014 8:19 am
The USD/CAD pair fell during the session on Monday, making a fresh new low. Because of that, we feel that this market will continue to look for significant support, which we see at the 1.06 level. That...

GBP/USD Forecast June 24, 2014, Technical Analysis

by FX Empire | June 24, 2014 8:19 am
The GBP/USD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat. Ultimately, we do feel that this market goes higher, as it...

EUR/USD Forecast June 24, 2014, Technical Analysis

by FX Empire | June 24, 2014 8:18 am
The EUR/USD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level. This area is a bit of a magnet for traders, as it is in the middle...

AUD/USD Forecast June 24, 2014, Technical Analysis

by FX Empire | June 24, 2014 8:17 am
The AUD/USD pair rose during the session on Monday, slamming into the 0.9450 handle to test resistance. With that being the case, the market did pull back a little bit from that region, but it appears that...

GBP/USD Short-Term Pullback (June 23, 2014)

by Kate Curtis | June 23, 2014 9:39 am
GBP/USD has recently made a strong convincing break past its yearly highs at the 1.7000 major psychological level, indicating a continuation of the long-term rally. However, price has retreated back to the 1.7000 area after reaching highs...

USD/JPY Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:17 am
The USD/JPY pair initially fell on Friday, but turn things back around to form a relatively positive candle. However, the candle did not break out of the recent consolidation, so we aren’t overly impressed by this move...

USD/CAD Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:17 am
The USD/CAD pair fell during the bulk of the day on Friday, slashing through the 1.08 handle. That area has been significant support, and the fact that we broke down below it is indeed a significant very...

GBP/USD Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:16 am
The GBP/USD pair tried to rally initially during the session on Friday, but pulled back to test the 1.70 level. This level was the site of a significant breakout, so the fact that we pulled back during...

EUR/USD Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:15 am
The EUR/USD pair went back and forth during the session on Friday, as we continue to hover in a fairly tight consolidation zone. With that being the case, we are not interested in plain this market at...

AUD/USD Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:15 am
The AUD/USD pair initially rose during the course of the session on Friday, but found enough resistance again to turn things back around and form a shooting star, just as we did on Thursday. Because of this,...