AUD/USD Pullback to Play Out? (April 28, 2014)

by Kate Curtis | April 28, 2014 8:19 am
AUD/USD is in a strong uptrend on its short-term and long-term time frames but it appears that buyers need to regain energy before pushing the pair higher. In the 4-hour chart, the Fibonacci retracement tool shows that...

USD/JPY Forecast April 28, 2014, Technical Analysis

by FX Empire | April 26, 2014 6:40 am
The USD/JPY pair went back and forth during the session on Friday, ultimately settling on a fairly negative candle. However, we can still see that the 102 level is supportive, and as a result the market should...

USD/CAD Forecast April 28, 2014, Technical Analysis

by FX Empire | April 26, 2014 6:40 am
The USD/CAD pair rose slightly during the session on Friday, but at the end of the day remains mired in consolidation. With this, we feel that this market is simply going to grind sideways for the time...

GBP/USD Forecast April 28, 2014, Technical Analysis

by FX Empire | April 26, 2014 6:39 am
The GBP/USD pair went back and forth during the session on Friday, ultimately forming a very neutral candle. We are closed at the 1.68 handle, and as a result we feel that ultimately we will break higher,...

EUR/USD Forecast April 28, 2014, Technical Analysis

by FX Empire | April 26, 2014 6:37 am
The EUR/USD pair rose during the session on Friday, but as you can see gaveback quite a bit of the gains. In the end, we ended up forming a shooting star, but there so much in the...

AUD/USD Forecast April 28, 2014, Technical Analysis

by FX Empire | April 26, 2014 6:33 am
The AUD/USD pair went back and forth on Friday, settling on a very neutral candle. The market is sitting on top of 0.9250, which of course has been massively supportive. With that, we do not have much...

CAD/JPY Short-Term Channel Bounce (April 25, 2014)

by Kate Curtis | April 25, 2014 8:49 am
CAD/JPY is in a short-term uptrend, as seen on the channel connecting the highs and lows of price action on the 1-hour time frame. In fact, the pair just came off a test of the channel support...

USD/JPY Forecast April 25, 2014, Technical Analysis

by FX Empire | April 25, 2014 6:05 am
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support right around the 102 level to turn things back around and form a hammer. This hammer of course is a supportive...

USD/CAD Forecast April 25, 2014, Technical Analysis

by FX Empire | April 25, 2014 6:04 am
The USD/CAD pair did almost nothing during the session on Thursday, as we continue to meander just above the 1.10 level. With that, we feel that the market should continue to go sideways in the meantime, but...

GBP/USD Forecast April 25, 2014, Technical Analysis

by FX Empire | April 25, 2014 6:03 am
The GBP/USD pair fell initially during the session on Thursday, but found enough support below at the 1.68 level to push things higher inform something along the lines of a hammer. We’re the bottom of the recent...