EUR/USD Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:23 am
The EUR/USD pair went back and forth on Monday, essentially settling nothing by the time we closed. The resulting neutral candle suggests that the market still hasn’t made up its mind as to which direction wants to...

AUD/USD Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:20 am
AUD/USD initially fell during the session on Monday, testing the 0.8950 handle. However, we managed to bounce significantly after that, and challenge the 0.9050 level. We’ve not broken out to the upside though, so we feel that...

USD/JPY Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:33 am
The USD/JPY pair rose during the session on Friday, but gave back about half of the gains, in order to show a shooting star. The shooting star is preceded by two hammers though, so we look at...

USD/CAD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:32 am
The USD CAD pair tried to rally during the session on Friday, but as you can see failed to hang onto the gains. Because of this, we ended up forming a shooting star as the 1.12 level...

GBP/USD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:31 am
The GBP/USD pair try to rally during the session on Friday, but gave back all of the gains above the 1.67 level in order to form a shooting star. The market is still overly bullish though, and...

EUR/USD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:31 am
The EUR/USD pair went back and forth during the session on Friday, ultimately settling on a slightly positive candle. The market of course is stuck between the 1.37 level on the bottom, and the 1.38 level on...

AUD/USD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:30 am
The AUD/USD pair fell during the session on Friday, proving the 0.90 level to be resistive. That being the case, we feel that this market is trying to fall, but the Thursday candle of course is a...

USD/JPY Forecast February 21, 2014, Technical Analysis

by FX Empire | February 21, 2014 7:18 am
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support near the 101.50 level in order to bounce and form a hammer for the second session in a row. This suggests...

USD/CAD Forecast February 21, 2014, Technical Analysis

by FX Empire | February 21, 2014 7:17 am
The USD/CAD pair rose during the session on Thursday, albeit slightly. The market continues to try and break above the 1.11 handle, and of course the large round number will cause a little bit of a reaction....

GBP/USD Forecast February 21, 2014, Technical Analysis

by FX Empire | February 21, 2014 7:17 am
The GBP/USD pair went back and forth during the session on Thursday, settling for a slightly negative candle. However, we find most interesting about this pair right now is that it seems to be running out of...