USD/CAD Forecast August 1, 2013, Technical Analysis

by FX Empire | August 1, 2013 5:41 am
The USD/CAD pair went back and forth during the session on Wednesday, essentially forming a relatively benign negative candle. In the end, you can see that we just got thrown around during the day and eventually didn’t...

GBP/USD Forecast August 1, 2013, Technical Analysis

by FX Empire | August 1, 2013 5:41 am
The GBP/USD pair fell hard during the session on Wednesday, but as you can see bounced enough to form a nice looking hammer. Although this hammer isn’t right at the 1.5250 level, we feel that it’s close...

EUR/USD Forecast August 1, 2013, Technical Analysis

by FX Empire | August 1, 2013 5:40 am
The EUR/USD pair went back and forth during the session on Wednesday, mainly in reaction to the Federal Reserve meeting minutes that were released at 2:30 PM New York time.

AUD/USD Forecast August 1, 2013, Technical Analysis

by ForexCycle.com | August 1, 2013 5:39 am
The AUD/USD pair fell during the session on Wednesday, breaking below the 0.90 handle. That being the case, it does look like the Australian dollar is without a doubt on the back foot at the moment.

USD/JPY Forecast July 31, 2013, Technical Analysis

by FX Empire | July 31, 2013 5:28 am
The USD/JPY pair went back and forth during the session on Tuesday, essentially accomplishing nothing. The Federal Reserve and its announcement later today at 2:30 New York time will be important to the future this pair, as...

USD/CAD Forecast July 31, 2013, Technical Analysis

by FX Empire | July 31, 2013 5:27 am
The USD/CAD pair had a positive showing during the Tuesday hours, breaking above the 1.03 level towards the end of the day. This looks like the market that’s trying to bounce, but quite frankly we think that...

GBP/USD Forecast July 31, 2013, Technical Analysis

by FX Empire | July 31, 2013 5:26 am
The GBP/USD pair fell hard during the session on Tuesday, slicing through the 1.5250 level. This was an area that we had suspected would be rather supportive, and although we are below that area, there is still...

EUR/USD Forecast July 31, 2013, Technical Analysis

by FX Empire | July 31, 2013 5:25 am
The EUR/USD pair went back and forth during the session on Tuesday, forming what is essentially a flat session. This doesn’t surprise as though, the Federal Reserve has a statement coming out later today, so to think...

AUD/USD Forecast July 31, 2013, Technical Analysis

by FX Empire | July 31, 2013 5:22 am
The AUD/USD pair fell hard during the session on Tuesday, trying to break down to the 0.90 handle again. That level has been very supportive though, and to break down below there is probably going to take...