AUD/USD Forecast June 22, 2016, Technical Analysis

by FX Empire | June 22, 2016 5:51 am
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but struggled at the 0.75 level ended up turning things back around and form a shooting star in order to show signs...

EURAUD Descending Channel (June 22, 2016)

by Kate Curtis | June 22, 2016 2:26 am
EURAUD has been trending lower, moving inside a descending channel on its 4-hour time frame. Price is currently testing the channel support and might be due for a bounce back to the resistance at the 1.5200 major...

USD/JPY Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:27 am
USD/JPY initially rallied during the day on Monday, but then turned right back around to form a fairly negative candle. That of course gives us an opportunity to sell this market on short-term rallies as they appear....

USD/CAD Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:27 am
The USD/CAD pair gapped lower at the open on Monday, and drifted a little bit lower. Ultimately, this is a market that should continue to fall towards the 1.2650 level next, and then perhaps even lower. Remember...

GBP/USD Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:26 am
The GBP/USD pair initially fell during the course of the day and then turn right back around to break out to the upside. However, there is still more than enough resistance at the 1.48 level to keep...

EUR/USD Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:25 am
The EUR/USD pair initially tried to rally during the day on Monday as we gapped at the open, but at the end of the day we did up turning right back around and filling that gap. At...

AUD/USD Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:25 am
The AUD/USD pair tried to rally during the course of the day on Monday, but gave back about half of the gains in order to form a bit of an exhausted looking candle. That being the case,...

Long-Term Resistance on GBPUSD (June 21, 2016)

by Kate Curtis | June 21, 2016 3:33 am
GBPUSD gapped up over the weekend and carried on with its bullish run on Monday, bringing price up to the resistance at the 1.4700 major psychological mark. This level has held as a strong area of interest...

GBPJPY Support Turned Resistance (June 20, 2016)

by Kate Curtis | June 20, 2016 5:20 am
GBPJPY recently broke below support around the 153.50 to 154.00 levels and dipped to a low of 145.50. From there, price showed signs of a correction and applying the Fib tool on the latest swing high and...