AUD/USD Forecast April 22, 2014, Technical Analysis

by FX Empire | April 22, 2014 4:42 am
The AUD/USD pair went back and forth during the session on Monday, essentially settling nothing. Because of this, we really don’t have much of a trade set up in this marketplace right now, but we do recognize...

AUD/NZD Reversal Chart Pattern (April 21, 2014)

by Kate Curtis | April 21, 2014 9:24 am
A double bottom chart formation can be seen on AUD/NZD’s daily time frame, indicating that a long-term uptrend might be in the cards. This could take place if the pair is able to make a strong break...

USD/JPY Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:27 am
The USD/JPY pair did very little during the session on Friday, as liquidity would have been a little bit lower than usual due to the Good Friday holiday. That being said, it appears that the market still...

USD/CAD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:26 am
The USD/CAD pair fell initially during the session on Friday, but bounced off of the 1.10 level enough to form a little bit of a hammer. However, the liquidity of the marketplace was pretty low during the...

GBP/USD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:24 am
The GBP/USD pair did almost nothing during the session on Friday as the Good Friday holiday would have drained of liquidity. Because of this, it appears of the market still looks like it once the pullback a...

EUR/USD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:22 am
The EUR/USD pair did nothing during the session on Friday, as the Good Friday holiday of course would have drained a lot of liquidity out of the marketplace. With that, we feel that the market looks like...

AUD/USD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:21 am
The AUD/USD pair Daedalus nothing during the session on Friday as it was of course a holiday. Because of this, we feel that the market really hasn’t changed of the last 24 hours and that we will...

USD/JPY Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:10 am
The USD/JPY pair initially fell during the session on Thursday, but as you can see from enough support to turn things background inform a hammer. This hammer suggests that we are going to go higher, and as...

USD/CAD Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:09 am
The USD/CAD pair fell during the session on Thursday, finding the 1.10 level to be supportive enough to keep the market somewhat afloat. As we dropped below there, the buyer stepped in and push the value there,...

GBP/USD Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:08 am
The GBP/USD pair rose initially during the session on Thursday, but found enough noise above in order to form a shooting star. A shooting star of course signifies of the market’s going to start selling off, and...