EUR/USD Forecast June 1, 2017, Technical Analysis

by FX Empire | June 1, 2017 6:01 am
The EUR/USD pair exploded to the upside during the session on Wednesday, breaking above the 1.12 level finally. Now that we are clear this area, it looks as if the pullbacks could offer value going forward. The...

AUD/USD Forecast June 1, 2017, Technical Analysis

by FX Empire | June 1, 2017 6:00 am
The Australian dollar initially tried to gain during the session on Wednesday, but found enough resistance at the 0.7475 level to turn things around and rollover towards the 0.7425 handle. That’s an area that has offered a...

USD/JPY Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:47 am
The USD/JPY pair fell significantly during the day on Tuesday, as we tested the 110.80 level below for support. We rolled over again though, and it looks as if we may try to continue to go little...

USD/CAD Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:46 am
The USD/CAD pair rose during the day after initially drifting a little bit lower on Tuesday but found the 1.35 level to be resistive. By running into that resistance, it sets up a very interesting potential trade...

GBP/USD Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:45 am
The British pound broke out to the upside during the day on Tuesday after initially dipping lower. Now that we have broken above to make a “higher high”, it looks as if the market is going to...

EUR/USD Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:44 am
The EUR/USD pair initially fell during the day on Monday, dropping all the way down to the 1.11 level early, but then bounced significantly and reached towards the 1.12 level above. That area offered a bit of...

AUD/USD Forecast May 31, 2017, Technical Analysis

by FX Empire | May 31, 2017 4:43 am
The Australian dollar fell a bit during the day on Tuesday, but found enough support near the 0.74 level to turn things around and shoot much higher. Breaking above the 0.7450 level is very significant, and if...

USD/JPY Forecast May 30, 2017, Technical Analysis

by FX Empire | May 30, 2017 5:19 am
The USD/JPY pair has been choppy during the session on Monday, as we continue to hover around the 111.25 level. The market looks very likely to try to stabilize in this area, but if we can break...

USD/CAD Forecast May 30, 2017, Technical Analysis

by FX Empire | May 30, 2017 5:17 am
The USD/CAD pair was slightly negative during the day on Monday, but is starting to find support near the 1.3425 handle. The market has been in a downtrend for some time, and of course is driven heavily...

GBP/USD Forecast May 30, 2017, Technical Analysis

by FX Empire | May 30, 2017 5:16 am
The British pound rose again during the session on Monday, as we have stabilized over the last couple of days. The selloff was rather drastic, but at this point we have the 1.2750 level underneath. The 1.2750...