USD/JPY Forecast July 5, 2013, Technical Analysis

by FX Empire | July 5, 2013 5:29 am
The USD/JPY pair fell during the session on Thursday, but bounced enough to form a hammer at the 100 level. This market continues to be one of our favorite, as there is so much action involving the...

GBP/USD Forecast July 5, 2013, Technical Analysis

by FX Empire | July 5, 2013 5:27 am
The GBP/USD pairfell hard during the session on Thursday, in what would’ve been somewhat illiquid markets. Going forward, we still think that the 1.50 level should offer support, so a bounce from down there will more than...

AUD/USD Forecast July 5, 2013, Technical Analysis

by FX Empire | July 5, 2013 5:25 am
The AUD/USD pair gained slightly during the session on Thursday, as the 0.9150 level has offered support again. Because of this, we feel that this market is simply going to grind sideways until the nonfarm payroll number...

AUD/USD Break and Retest Day Trade (July 4, 2013)

by Kate Curtis | July 4, 2013 6:16 am
AUD/USD has been undergoing heavy selling pressure, but it appears the pair has found support around the .9100 area. It could pull up for a quick retracement before the selloff resumes.

USD/JPY Forecast July 4, 2013, Technical Analysis

by FX Empire | July 4, 2013 5:35 am
The USD/JPY pair fell during the majority of the session on Wednesday, even managing to dip down to the 99 handle. However, we bounced back towards the 100 handle, and formed a candle the does in fact...

USD/CAD Forecast July 4, 2013, Technical Analysis

by FX Empire | July 4, 2013 5:34 am
The USD/CAD pair fell during the session on Wednesday, but as you can see we remain above the 1.05 handle, and as a result we think this market is winding its way up higher, and will eventually...

GBP/USD Forecast July 4, 2013, Technical Analysis

by FX Empire | July 4, 2013 5:34 am
The GBP/USD pair rallied hard during the session on Wednesday, slicing through the 1.5250 level like it wasn’t even there. That being the case, this market does look like it’s trying to bounce from here significantly, and...

EUR/USD Forecast July 4, 2013, Technical Analysis

by FX Empire | July 4, 2013 5:33 am
The EUR/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a pretty nice looking hammer just and the 1.30 handle.