GBP/USD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:50 am
The GBP/USD pair fell significantly during the course of the day on Friday, testing the bottom of the recent consolidation area. If we can break down below the bottom of the range for the Friday session, we...

EUR/USD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:49 am
The EUR/USD pair fell slightly during the course of the day on Friday, as we continue to grind lower. However, the markets have quite a bit of support below, especially considering that we have the massive impulsive...

AUD/USD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:48 am
The AUD/USD pair fell slightly during the course the day on Friday, slicing through the 0.74 handle. Because of this, and of course the fact that we ended up forming a shooting star on the weekly chart,...

USD/JPY Forecast June 10, 2016, Technical Analysis

by FX Empire | June 10, 2016 8:16 am
The USD/JPY pair fell during the course of the session on Thursday, but bounced enough to form a bit of a hammer. That’s a very bullish sign, and as a result it’s likely that we could bounce,...

USD/CAD Forecast June 10, 2016, Technical Analysis

by FX Empire | June 10, 2016 8:15 am
The USD/CAD pair rallied during the day on Thursday, but gave back a little bit of the gains towards the end of the day. The oil markets pulled back, so it makes sense that we did get...

GBP/USD Forecast June 10, 2016, Technical Analysis

by FX Empire | June 10, 2016 8:14 am
The GBP/USD pair fell during the day on Thursday, as we broke down below the 1.45 handle. That is a negative sign, and as a result I believe that the market is going to continue to drop,...

EUR/USD Forecast June 10, 2016, Technical Analysis

by FX Empire | June 10, 2016 8:13 am
The EUR/USD pair broke down during the day on Thursday, forming an outside bearish candle. This is a negative sign, but at the end of the day I think there’s plenty of support below so I actually...

AUD/USD Forecast June 10, 2016, Technical Analysis

by FX Empire | June 10, 2016 8:12 am
The AUD/USD pair fell during the course of the session on Thursday, testing the 0.74 level. There is a significant amount of support at that area as we have seen quite a bit of resistance there as...

EURUSD Long-Term Range (June 10, 2016)

by Kate Curtis | June 10, 2016 4:12 am
EURUSD has been trending higher recently but looking at the longer-term time frames shows that the pair is actually hitting the top of its range. On its daily chart, it can be seen that the pair has...

USD/JPY Forecast June 9, 2016, Technical Analysis

by FX Empire | June 9, 2016 7:21 am
The USD/JPY pair fell a bit during the day on Wednesday, but did bounce before was all said and done. Because of this, looks like we are ready to consolidate at this point in time. We have...