USD/JPY Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:30 am
The USD/JPY pair fell hard during the day on Wednesday, breaking down to the 119 level. That being the case, the market looks as if it is ready to continue going lower, perhaps heading down to the...

USD/CAD Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:29 am
The USD/CAD pair fell significantly during the session on Wednesday, and even broke below the 200 day exponential moving average. Because of this, it now seems as if the market is ready to continue going lower. If...

GBP/USD Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:28 am
The GBP/USD pair initially fell during the day on Wednesday, but found enough support to turn things back around and continue to go higher. Because of this, we feel that the pair will continue to go higher...

EUR/USD Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:27 am
The EUR/USD pair initially broke higher during the course of the session on Wednesday, but found resistance at the 1.14 level again. We do believe ultimately this pair goes higher, but we will wait until we get...

EUR/USD Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:27 am
The EUR/USD pair initially broke higher during the course of the session on Wednesday, but found resistance at the 1.14 level again. We do believe ultimately this pair goes higher, but we will wait until we get...

AUD/USD Forecast May 14, 2015, Technical Analysis

by FX Empire | May 14, 2015 6:26 am
The AUD/USD pair broke higher during the course of the session on Wednesday, clearing the 0.80 level. By doing so, this market looks very strong all of a sudden, and we now believe that the Australian dollar...

NZDJPY Market Correction (May 14, 2015)

by Kate Curtis | May 14, 2015 4:30 am
NZDJPY popped up from its previous lows around the 88.00 major psychological level and is in the middle of a market correction. Applying the Fibonacci retracement tool on the swing high and low on the pair’s 4-hour...

USD/JPY Forecast May 13, 2015, Technical Analysis

by FX Empire | May 13, 2015 6:17 am
The USD/JPY pair fell during the session on Tuesday, but found a little bit of support in order to form a candle that suggests we could eventually break out to the upside. Ultimately though, it is not...

USD/CAD Forecast May 13, 2015, Technical Analysis

by FX Empire | May 13, 2015 6:16 am
The USD/CAD pair broke down during the course of the day on Tuesday, slicing through the 1.20 handle. This is an area that has been massively supportive, and is also the 38.2% Fibonacci retracement from the entire...

GBP/USD Forecast May 13, 2015, Technical Analysis

by FX Empire | May 13, 2015 6:15 am
The GBP/USD pair broke higher during the course of the day on Tuesday, as we tested the 1.57 level. This is a market that is most certainly bullish at this point in time, so we are looking...