EUR/USD Forecast June 20, 2016, Technical Analysis

by FX Empire | June 18, 2016 9:10 am
The EUR/USD pair went back and forth during the course of the day on Monday, ultimately settling on a neutral candle. With this, it appears that the market does find quite a bit of buying pressure underneath,...

AUD/USD Forecast June 20, 2016, Technical Analysis

by FX Empire | June 18, 2016 9:09 am
The AUD/USD pair went back and forth during the course of the day on Friday, and as you can see the 0.74 level seems to be a bit of a magnet for price. With that being the...

EURJPY Downtrend Correction (June 17, 2016)

by Kate Curtis | June 17, 2016 3:23 am
EURJPY has been trending lower on its 1-hour time frame, moving under a descending trend line connecting the latest highs of price action. Price appears to have found a bottom and is starting to make a pullback...

USD/JPY Forecast June 16, 2016, Technical Analysis

by FX Empire | June 16, 2016 5:43 am
The USD/JPY pair initially broke out to the upside during the course of the day on Wednesday, but turned right back around to form a bit of a shooting star. However, as I record this pre-FOMC, the...

USD/CAD Forecast June 16, 2016, Technical Analysis

by FX Empire | June 16, 2016 5:42 am
The USD/CAD pair rose during the day on Wednesday, crashing into the 1.29 level. At this point in time, this is a pair that can be very volatile due to the fact that we get the Crude...

GBP/USD Forecast June 16, 2016, Technical Analysis

by FX Empire | June 16, 2016 5:42 am
The GBP/USD pair bounced slightly during the course of the day on Wednesday, using the 1.41 level as support. At this point in time, the market could try to reach higher but there is a significant amount...

EUR/USD Forecast June 16, 2016, Technical Analysis

by FX Empire | June 16, 2016 5:41 am
The EUR/USD pair rose slightly during the day on Wednesday, as the 1.12 level offered a bit of support. With this, the market looks as if it is ready to continue to find quite a bit of...

AUD/USD Forecast June 16, 2016, Technical Analysis

by FX Empire | June 16, 2016 5:40 am
The AUD/USD pair rose slightly during the course of the day on Wednesday, but quite frankly looks as if the market is simply grinding away. If we do break out above the top of the range for...

GBPUSD Short-Term Retracement (June 16, 2016)

by Kate Curtis | June 16, 2016 4:10 am
GBPUSD recently made a downside break from support around the 1.4450 minor psychological level, indicating that price was in for further declines. The pair appears to be making a correction, though, and applying the Fib tool on...

USD/JPY Forecast June 15, 2016, Technical Analysis

by FX Empire | June 15, 2016 5:57 am
The USD/JPY pair initially fell during the course of the day on Tuesday, but found the area below the 106 level to offer quite a bit of support as it has been doing recently. With that being...