USD/CAD Forecast July 17, 2015, Technical Analysis

by FX Empire | July 17, 2015 5:17 am
USD/CAD pair rose during the session on Thursday. However, we are approaching the 1.30 level, which was where the financial markets stopped after the meltdown years ago. Because of this, there is massive amounts of resistance above,...

GBP/USD Forecast July 17, 2015, Technical Analysis

by FX Empire | July 17, 2015 5:17 am
The GBP/USD pair initially fell during the course of the day on Thursday, but found enough support near the 1.56 level to turn things back around and form a bit of a hammer. That hammer is the...

EUR/USD Forecast July 17, 2015, Technical Analysis

by FX Empire | July 17, 2015 5:16 am
The EUR/USD pair fell during the course of the Thursday session, breaking below the 1.09 level. Because of this, we feel that the Euro is going to continue to sell off, and therefore if we can break...

AUD/USD Forecast July 17, 2015, Technical Analysis

by FX Empire | July 17, 2015 5:16 am
The AUD/USD pair bounced slightly during the session on Thursday, but remains a very be down. The market should continue to be one that you can sell on rallies, as this market continues to consolidate overall below...

USDCAD Bullish Continuation (July 16, 2015)

by Kate Curtis | July 16, 2015 8:52 am
After surging past the key resistance around 1.2800 during the BOC rate statement, USDCAD is forming a bullish flag pattern that suggests potential continuation. After all, the BOC decided to cut interest rates from 0.75% to 0.50%...

USD/JPY Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:09 am
The USD/JPY pair rose during the course of the session on Wednesday, breaking above the 1.3 .50 handle. Because of this, we feel that the market is going to continue to go higher as it shows a...

USD/CAD Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:08 am
The USD/CAD pair broke out to the upside during the session on Wednesday as the Bank of Canada cut interest rates by 0.25% again. With this, it appears that the soft oil markets are really serving to...

GBP/USD Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:08 am
The GBP/USD pair initially fell during the course of the day on Wednesday, but found enough support below at the 1.56 level to turn things back around and form a nice-looking hammer. This hammer of course suggests...

EUR/USD Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:07 am
The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but found the area above the 1.10 level to be a bit too expensive. Because of this, we ended up falling but...

AUD/USD Forecast July 16, 2015, Technical Analysis

by FX Empire | July 16, 2015 6:06 am
The AUD/USD pair fell during the course of the session on Wednesday, breaking to a fresh, new low. That being the case, the market looks as if it is ready to go much lower, as the 0.75...