USD/CAD Forecast May 25, 2015, Technical Analysis

by FX Empire | May 24, 2015 4:06 am
The USD/CAD pair broke higher during the course of the session on Friday, breaking above the top of the resistance at the 1.2250 level. With that being the case, the market looks as if it is ready...

GBP/USD Forecast May 25, 2015, Technical Analysis

by FX Empire | May 24, 2015 4:05 am
The US dollar strengthen against the British pound drastically during the session on Friday, as the GBP/USD pair tested the 1.55 level. With this, it appears that the market is testing significant support, and a serious decision...

EUR/USD Forecast May 25, 2015, Technical Analysis

by FX Empire | May 24, 2015 4:04 am
The EUR/USD pair initially rallied during the session on Friday, testing the 1.12 handle. However, the market turned back around and fell hard, crashing into the 1.10 level. With that, it appears that the market is testing...

AUD/USD Forecast May 25, 2015, Technical Analysis

by FX Empire | May 24, 2015 4:04 am
The AUD/USD pair fell hard during the session on Friday, but as you can see the 0.75 level continues to offer a bit of support as it had previously. With this, we believe that the market is...

EURNZD Head and Shoulders (May 22, 2015)

by Kate Curtis | May 22, 2015 2:56 am
EURNZD could be in for a huge reversal, as price formed a head and shoulders pattern on its 1-hour time frame. The pair is testing the neckline support at the 1.5100 handle and may be due for...

USD/JPY Forecast Made 21, 2015, Technical Analysis

by FX Empire | May 21, 2015 7:22 am
The USD/JPY pair broke higher during the course of the day on Wednesday, clearing the 121 handle. By doing so, looks like the markets ready to try to break out, but we need to practice a lot...

USD/CAD Forecast May 21, 2015, Technical Analysis

by FX Empire | May 21, 2015 7:21 am
The USD/CAD pair broke down rather significantly over the course of the last couple of months, and on Wednesday formed a shooting star. What’s interesting about the shooting started is that it is right where you would...

GBP/USD Forecast May 21, 2015, Technical Analysis

by FX Empire | May 21, 2015 7:20 am
The GBP/USD pair found support at the 1.55 level during the session on Wednesday, forming a slightly positive yet neutral looking candle. If we break the top of the range from the Wednesday session, we believe that...

EUR/USD Forecast May 21, 2015, Technical Analysis

by FX Empire | May 21, 2015 7:18 am
The EUR/USD pair initially fell during the course of the day on Wednesday, but below the 1.11 level we found a bit of support. Because of this, we expect the market to bounce somewhere in this area,...

AUD/USD Forecast May 21, 2015, Technical Analysis

by FX Empire | May 21, 2015 7:15 am
The AUD/USD pair broke down during the course of the session on Wednesday, testing the 0.79 handle. This is an area where we would anticipate seeing a bit of support, and therefore we are not interested in...