AUD/USD Forecast May 28, 2015, Technical Analysis

by FX Empire | May 28, 2015 8:39 am
The AUD/USD pair initially broke down during the course of the day on Wednesday, but found enough support below the 0.77 level to turn things back around and form a hammer like candle. With that being the...

USDCAD Support Turned Resistance (May 28, 2015)

by Kate Curtis | May 28, 2015 6:53 am
USDCAD has been climbing since the middle of the month but may be due to head south again, as the pair is hitting an area of interest. Price appears to be finding resistance at the 61.8% Fibonacci...

USD/JPY Forecast May 27, 2015, Technical Analysis

by FX Empire | May 27, 2015 6:13 am
The USD/JPY pair broke higher during the course of the day on Tuesday, clearing the 122 handle. We are broken out at this point, and we feel that this market then heads to the 125 handle over...

USD/CAD Forecast May 27, 2015, Technical Analysis

by FX Empire | May 27, 2015 6:13 am
The USD/CAD pair broke higher during the course of the session on Tuesday, slicing through the 1.24 level. This is of course in anticipation of the interest-rate coming out of the Bank of Canada, which of course...

GBP/USD Forecast May 27, 2015, Technical Analysis

by FX Empire | May 27, 2015 6:12 am
The GBP/USD pair fell initially during the day on Tuesday, but found enough support near the 1.54 level to turn things back around and form a hammer. This is the area that we set had to hold...

EUR/USD Forecast May 27, 2015, Technical Analysis

by FX Empire | May 27, 2015 6:12 am
EUR/USD pair fell during the course of the session on Tuesday, slicing below the 1.09 level. Because of this, we feel the market is ready to go much lower, probably heading towards the lows of the 1.06...

AUD/USD Forecast May 27, 2015, Technical Analysis

by FX Empire | May 27, 2015 6:11 am
The AUD/USD pair broke down during the day on Tuesday, slicing through the 0.78 level. The market looks very bearish at the moment, but there is a lot of noise just below so quite frankly we feel...

USDCHF Area of Interest (May 27, 2015)

by Kate Curtis | May 27, 2015 6:05 am
USDCHF is currently testing a potential resistance zone, which is near the broken support at the .9500 major psychological level. If this area holds as a ceiling, price could turn back down and head to its previous...

USDJPY Ascending Triangle Resistance (May 26, 2015)

by Kate Curtis | May 26, 2015 6:25 am
USDJPY has been trading inside a long-term ascending triangle visible on its daily time frame. Price is testing the triangle resistance near the 122.00 major psychological level right now and may be due for a bounce or...

USD/CAD Forecast May 26, 2015, Technical Analysis

by FX Empire | May 26, 2015 6:06 am
The USD/CAD pair broke a little bit higher during the session here on Monday, but quite frankly we continue to see a lot of noise between here and the 1.24 level. If we can get above there,...