USD/CAD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:20 am
The USD/CAD pair fell during the session on Monday, slamming into the 1.0850 level, from which it started on Friday. That being the case, it appears of this market could continue to fall from here, but we...

GBP/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:18 am
In the GBP/USD pair on Monday, we saw considerable weakness. However, the 1.6350 level acted as support yet again, and therefore kept the sellers in check. With that being the case, it appears that the market could...

EUR/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:16 am
The EUR/USD pair tried to fall during the session on Monday, but as you can see enough buyers stepped into the market to force the market to bounce. This bounce is a continuation of the bouncer we...

AUD/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:16 am
The AUD/USD pair rose during the session on Monday, breaking above the 0.90 handle, which of course is impressive. However, we have stated recently that we are a bit leery of going long of this market until...

Uptrend on GBP/USD (January 13, 2014)

by Kate Curtis | January 13, 2014 9:02 am
GBP/USD is still on an uptrend, despite the sharp selloff that occurred recently. The pair has just bounced off the bottom of the rising channel on the 1-hour time frame as indicating potential rallies. Stochastic is moving...

USD/JPY Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:10 am
The USD/JPY pair initially rose during the session on Friday, but turned back around the 105.50 level in order to fall all the way down to the 104 level. The resulting candle was based upon the nonfarm...

USD/CAD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:09 am
The USD/CAD pair rose again during the session on Friday, even with a weaker than anticipated jobs report out of the United States. This was mainly because the Canadian jobs report was just as bad, and as...

GBP/USD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:08 am
The GBP/USD pair had an interesting session on Friday, as it had initially sold off drastically, but as you can see bounced hard enough to close just below the 1.65 level. The resulting candle is a massive...

EUR/USD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:07 am
The EUR/USD pair fell initially during the session on Friday, but as the jobs number out of America came in very light, the market shot in the Euros favor. That being the case, the market clear the...

AUD/USD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:06 am
The AUD/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers cannot weaker than anticipated. Because of this, the market seems to be suggesting that the Federal Reserve will be tapering anytime...