USD/JPY Forecast May 29, 2015, Technical Analysis

by FX Empire | May 29, 2015 6:54 am
The USD/JPY pair initially rose during the course of the day on Thursday, but until the momentum could not continue. Because of this, the market ended up pulling back and while that is a somewhat negative sign,...

USD/CAD Forecast May 29, 2015, Technical Analysis

by FX Empire | May 29, 2015 6:53 am
The USD/CAD pair initially went higher during the course of the session on Thursday, and even broke above the 1.25 handle at one point during the day. However, we turned back around to form a shooting star...

GBP/USD Forecast May 29, 2015, Technical Analysis

by FX Empire | May 29, 2015 6:52 am
The GBP/USD pair went back and forth during the course of the day on Thursday, forming a slightly negative candle. However, we believe that this market should continue to drift a little bit lower but anticipate that...

EUR/USD Forecast May 29, 2015, Technical Analysis

by FX Empire | May 29, 2015 6:52 am
The EUR/USD pair initially fell during the course of the session on Thursday, but found enough support to turn things back around and form a hammer. This is the second hammer in a row, and as a...

AUD/USD Forecast May 29, 2015, Technical Analysis

by FX Empire | May 29, 2015 6:51 am
The AUD/USD pair went back and forth during the day on Thursday, ultimately settling on a slightly negative candle. However, there is a significant amount of support just below, so with that being the case we are...

GBPNZD Rising Wedge (May 29, 2015)

by Kate Curtis | May 29, 2015 6:38 am
GBPNZD has been treading higher on its short-term time frames, creating a rising wedge pattern on its 1-hour chart. Price has recently bounced off support at the 2.1200 major psychological level and is making its way to...

USD/JPY Forecast May 28, 2015, Technical Analysis

by FX Empire | May 28, 2015 8:42 am
The USD/JPY pair initially tried to fall a bit during the session on Wednesday, but found the 123 level to be supportive enough to continue to push this market towards the 125 handle. We reached as high...

USD/CAD Forecast May 28, 2015, Technical Analysis

by FX Empire | May 28, 2015 8:41 am
The USD/CAD pair initially fell during the course of the day on Wednesday, but found enough support below to turn things back around and test the 1.25 level. If we can break above the top of the...

GBP/USD Forecast May 28, 2015, Technical Analysis

by FX Empire | May 28, 2015 8:41 am
The GBP/USD pair went back and forth during the day on Wednesday, but found enough resistance near the 1.54 level to turn things back around and fall. However, the 1.53 level offered enough support that the market...

EUR/USD Forecast May 28, 2015, Technical Analysis

by FX Empire | May 28, 2015 8:40 am
The EUR/USD pair went back and forth wildly during the session on Wednesday, as we continue to move based upon rumors coming out of Athens. With that being said, it’s quite frankly easier to simply avoid this...