USD/JPY Forecast July 25, 2013, Technical Analysis

by FX Empire | July 25, 2013 5:51 am
The USD/JPY pair rose during the session Wednesday, breaking well above the 100 handle. On top of that, we broke the top of the shooting star from the previous session, so it looks like this market is...

USD/CAD Forecast July 25, 2013, Technical Analysis

by FX Empire | July 25, 2013 5:50 am
The USD/CAD pair had a slightly positive session on Wednesday, after dipping and bouncing. The resulting candle is a hammer, but right now we feel that this market is probably a bit too weak to be bothered...

GBP/USD Forecast July 25, 2013, Technical Analysis

by FX Empire | July 25, 2013 5:50 am
GBP/USD pair fell during the session on Wednesday, but as you can see we are still well above the 1.5250 level, an area that we suspect is going to be rather supportive now. Because of this, we...

AUD/USD Forecast July 25, 2013, Technical Analysis

by FX Empire | July 25, 2013 5:47 am
The AUD/USD pair fell hard during the session on Tuesday, continuing to stay within the consolidation area that we have been in for roughly one month. Going forward, we still think that the 0.90 level is massive...

EUR/GBP Setup for Euro Zone PMI Releases (July 24, 2013)

by Kate Curtis | July 24, 2013 6:31 am
Two of the largest economies in the euro zone, namely Germany and France, will be printing their manufacturing and services PMIs in today’s UK session. Small improvements are expected, although most of the figures are likely to...

USD/JPY Forecast July 24, 2013, Technical Analysis

by FX Empire | July 24, 2013 5:16 am
The USD/JPY pair tried to break through the 100 handle during the session on Tuesday, but as you can see struggle and fell flat. Resulting shooting star suggests that the market is going to go lower, something...

USD/CAD Forecast July 24, 2013, Technical Analysis

by FX Empire | July 24, 2013 5:15 am
The USD/CAD pair fell during the session on Tuesday, breaking below the 1.03 handle finally. This market now looks like it’s ready to continue lower, and as a result we think that this market will target the...

GBP/USD Forecast July 24, 2013, Technical Analysis

by FX Empire | July 24, 2013 5:14 am
The GBP/USD pair went back and forth on Tuesday, forming a hammer in the end and suggesting that the market is going to go higher. That being the case, we still believe that this market heads towards...

EUR/USD Forecast July 24, 2013, Technical Analysis

by FX Empire | July 24, 2013 5:13 am
The EUR/USD pair went back and forth during the session on Tuesday, but formed what essentially looks like a hammer at the 1.32 handle. Because of this, we feel that this market is going to continue going...