USD/CAD Forecast June 28, 2013, Technical Analysis

by FX Empire | June 28, 2013 9:41 am
The USD/CAD pair had a relatively back and forth session during the Thursday trading hours, but as you can see pick up enough support just above the 1.04 level in order to form a candle the looks...

GBP/USD Forecast June 28, 2013, Technical Analysis

by FX Empire | June 28, 2013 9:41 am
The GBP/USD pair fell during the session on Thursday, breaking below the 1.5250 target that we had initially said. Because of this, we have pull out of this marketplace, and on top of that it appears that...

EUR/USD Forecast June 28, 2013, Technical Analysis

by FX Empire | June 28, 2013 9:40 am
The EUR/USD pair had a slightly positive session on Thursday, as the 1.30 level did in fact offer support as we had suggested. The candle was and exactly impressive, but it does suggest that perhaps there is...

AUD/USD Forecast June 28, 2013, Technical Analysis

by FX Empire | June 28, 2013 9:39 am
The AUD/USD pair tried to rally during the session on Thursday, but as you can see failed to hang onto the gains. In the end, we finished with the day with a shooting star, and this suggests...

GBP/USD Trend Play (June 28, 2013)

by Kate Curtis | June 28, 2013 5:35 am
GBP/USD is still on a steady downtrend on its 1-hour time frame, as the pair is moving below a falling trend line connecting its recent highs for the month.

EUR/USD Short-term Trend Play (June 27, 2013)

by Kate Curtis | June 27, 2013 7:21 am
  There’s a potential short-term retracement on EUR/USD’s 1-hour time frame which could come into play today. There’s a falling trend line connecting the pair’s recent highs while the 50% Fib is in line with a former...

USD/JPY Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:11 am
The USD/JPY pair fell during the session on Wednesday, but as you can see by the end of the session bounced enough to form a hammer. This is the second hammer in a row, and that almost...

USD/CAD Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:10 am
The USD/CAD pair fell during the session on Wednesday, testing the bottom of the hammer that had been formed on Tuesday. However, most important candle on this chart that we see at the moment is the shooting...

GBP/USD Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:10 am
GBP/USD fell fairly hard during the session on Wednesday, cracking down to the 1.53 handle during the session. We have targeted the 1.5250 level, and as a result we are still short of this market. We expect...

EUR/USD Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:09 am
The EUR/USD pair fell during the session on Wednesday, slamming into the 1.30 level again. This level is obviously supportive, and as a result of course we managed to bounce a little bit from that handle.