EUR/USD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:20 am
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...

AUD/USD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:19 am
The AUD/USD pair fell during the session on Monday, filling the gap after initially gapping higher. That being said, we are still above the 0.90 level which of course could offer significant support, but we are below...

AUD/JPY Long-Term Range (February 17, 2014)

by Kate Curtis | February 17, 2014 10:11 am
AUD/JPY is on its way to the top of its long-term range, which can be clearly seen on the daily time frame. Stochastic is already indicating overbought conditions, which suggests that bears could push the pair back...

USD/JPY Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:49 am
The USD/JPY pair went back and forth during the session on Friday, forming a negative candle. We did close below the 102 level, but quite frankly this much noise below that we don’t really put too much...

USD/CAD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:48 am
The USD/CAD pair fell during the bulk of the session on Friday, but as you can see found enough buyers during the day to turn things back around and form a nice-looking hammer. The hammer sits just...

GBP/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:47 am
The GBP/USD pair rose during the session on Friday, shooting strength through the resistance of the 1.6650 level. The market even close at the very high of the day, so it appears that any pullback in the...

EUR/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:46 am
The EUR/USD pair rose during the session on Friday, challenging the 1.37 level. With that, we have run into resistance again, and as a result are struggling to go higher. If we can get above this level,...

AUD/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:45 am
The AUD/USD pair rose during the session on Friday, breaking above the 0.90 handle. However, the market still see is a significant amount resistance above as shown by the Wednesday shooting star. If we can get above...

USD/JPY Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:54 am
The USD/JPY pair initially fell during the session on Thursday, but as you can see found enough support below the 102 level to turn around and form a nice-looking hammer. This is a market that we have...

USD/CAD Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:53 am
The USD/CAD pair try to rally during the session on Thursday, but found the area above the 1.10 level as being a bit too rich. Because of this, we formed a relatively negative candle, albeit sitting on...