EUR/USD Forecast June 7, 2017, Technical Analysis

by FX Empire | June 7, 2017 6:25 am
The EUR/USD pair initially tried to rally during the session on Tuesday, but found enough resistance near the 1.1280 level to turn things back around. We then bounced off the 1.1240 level. The market continues to look...

AUD/USD Forecast June 7, 2017, Technical Analysis

by FX Empire | June 7, 2017 6:23 am
The AUD/USD pair broke out during the session on Tuesday, clearing the 0.75 level. Now that we have done that, the market has turned around to test that area and show signs of support, and because of...

USD/JPY Forecast June 6, 2017, Technical Analysis

by FX Empire | June 6, 2017 5:58 am
The USD/JPY pair had a choppy session on Monday, as we rallied towards the 110.75 level, but found that area resistive a couple of times. Currently, it looks as if the market is trying to consolidate, which...

USD/CAD Forecast June 6, 2017, Technical Analysis

by FX Empire | June 6, 2017 5:57 am
The USD/CAD pair tried to rally during the day on Monday, but found the 1.35 level above to be resistive. Because of this, we rolled over and try to reach towards the 1.3450 level during the day....

GBP/USD Forecast June 6, 2017, Technical Analysis

by FX Empire | June 6, 2017 5:56 am
The GBP/USD pair initially gapped lower at the open on Monday, but then went sideways for several hours. After that, the market broke higher, reaching above the 1.29 level above. That was a resistance barrier that has...

EUR/USD Forecast June 6, 2017, Technical Analysis

by FX Empire | June 6, 2017 5:55 am
The EUR/USD pair gapped lower at the open on Monday, turned around to test that level again, and then fell significantly. The 1.1230 level has offered support, so the question now is whether or not we can...

AUD/USD Forecast June 6, 2017, Technical Analysis

by FX Empire | June 6, 2017 5:54 am
The Australian dollar gapped lower at the open on Monday, but then fill that gap as one would expect. After that, we pulled back but then found an explosive moved to the upside as the market now...

USD/JPY Forecast June 5, 2017, Technical Analysis

by FX Empire | June 3, 2017 4:13 am
The US dollar rallied at the open on Friday, but you can see fell apart against the Japanese yen as we went into the trading day. This was mainly due to the jobs number being a disappointment...

USD/CAD Forecast June 5, 2017, Technical Analysis

by FX Empire | June 3, 2017 4:12 am
The USD/CAD pair initially tried to rally on Friday, but turned right back around as the jobs number was so soft. We broke below the 1.35 handle, and that suggests that we are going to continue to...

GBP/USD Forecast June 5, 2017, Technical Analysis

by FX Empire | June 3, 2017 4:08 am
The GBP/USD pair initially fell during the day on Friday, and saw quite a bit of volatility after the jobs number came out in the United States less than anticipated. We now find the market hanging about...