EUR/USD Forecast May 26, 2017, Technical Analysis

by FX Empire | May 26, 2017 5:14 am
The EUR/USD pair tried to rally during the day on Thursday, but then pulled back to reach the 1.12 level for support. That’s an area that has a certain amount of psychological importance, and it looks as...

AUD/USD Forecast May 26, 2017, Technical Analysis

by FX Empire | May 26, 2017 5:13 am
The Australian dollar had a very volatile session on Thursday, initially breaking above the 0.75 handle, then dropping much lower. The last couple of days have been interesting, as it looks like we are running out of...

USD/JPY Forecast May 24, 2017, Technical Analysis

by FX Empire | May 24, 2017 5:44 am
The USD/JPY pair was very quiet during most of the session on Tuesday, but then found the 111 level to be supportive enough to cause a significant rally. The Japanese yen sold off later in the session,...

USD/CAD Forecast May 24, 2017, Technical Analysis

by FX Empire | May 24, 2017 5:43 am
The USD/CAD pair fell during the session on Tuesday, breaking below the 1.35 level again. The oil markets have seen a significant amount of buying pressure, and with the OPEC meeting coming later this week, this pair...

GBP/USD Forecast May 24, 2017, Technical Analysis

by FX Empire | May 24, 2017 5:41 am
The GBP/USD pair was initially soft during the session on Tuesday, but found enough buying pressure underneath the 1.30 level to continue to go higher. We still have a significant amount of resistance at the 1.3050 level...

EUR/USD Forecast May 24, 2017, Technical Analysis

by FX Empire | May 24, 2017 5:31 am
The EUR/USD pair had a relatively stable session on Tuesday, as the 1.12 level underneath continues to offer support. With recent comments coming out of Angela Merkel suggesting that the common currency is far too cheap, the...

AUD/USD Forecast May 24, 2017, Technical Analysis

by FX Empire | May 24, 2017 5:30 am
The Australian dollar had an interesting session on Tuesday, as we broke above the psychologically significant 0.75 level, but turned around to form a less than stellar move. If we can break down below the 0.7450 level,...

USD/JPY Forecast May 23, 2017, Technical Analysis

by FX Empire | May 23, 2017 7:54 am
The USD/JPY pair initially gapped lower at the open on Monday, but then shot higher towards the 111.65 level. This has been the top of recent consolidation, and the fact that we reach that area and pulled...

USD/CAD Forecast May 23, 2017, Technical Analysis

by FX Empire | May 23, 2017 7:53 am
The USD/CAD pair had a volatile session on Monday as we initially tried to rally but then turned around to fall significantly below the 1.35 level. This pair of course is highly influenced by of the crude...

GBP/USD Forecast May 23, 2017, Technical Analysis

by FX Empire | May 23, 2017 7:52 am
The GBP/USD pair had a very volatile session on Monday, as we continue to see the market undulate back and forth with all the massive headlines to keep crossing the wires. As the negotiations about the United...