EUR/USD Forecast October 4, 2013, Technical Analysis

by FX Empire | October 4, 2013 9:44 am
The EUR/USD pair tried to rally during the session on Thursday, but as you can see gave back about half of the gains for the session. This is an acute surprise though, because you have to realize...

AUD/USD Forecast October 4, 2013, Technical Analysis

by FX Empire | October 4, 2013 9:43 am
The AUD/USD pair did very little during the session on Thursday, which of course is a much of a surprise considering that this is nonfarm payroll Friday. With that being the case, a lot of the risk...

GBP/USD: Potential Reversal? (October 4, 2013)

by Kate Curtis | October 4, 2013 6:59 am
A double top pattern has formed on GBP/USD’s short term time frame, which means that a possible reversal from the current uptrend could happen.

AUD/JPY Double Bottom (October 3, 2013)

by Kate Curtis | October 3, 2013 8:07 am
AUD/JPY is making a reversal pattern on its 1-hour time frame, which means that the current downtrend could be turning.

USD/JPY Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:33 am
The USD/JPY pair fell during the session on Wednesday, and actually managed to break below the uptrend line of the larger symmetrical triangle. Even though this is in theory a sell signal, we feel there is support...

USD/CAD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:32 am
The USD/CAD pair went back and forth during the session on Wednesday, essentially printing a neutral candle. This is a very indecisive candle after a couple of hammers, so it appears of this market once the go...

GBP/USD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:31 am
The GBP/USD pair rose during the session on Wednesday, but did not break the top of the shooting star from Tuesday. It doesn’t really matter though, with nonfarm payroll coming so soon, we feel that this market...

EUR/USD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:30 am
The EUR/USD pair rose during the session after initially falling on Wednesday, bouncing off the 1.35 handle again. The market actually broke above the top of the shooting star for the Tuesday session, which of course shows...

AUD/USD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:29 am
The AUD/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a hammer. We believe this is a signal of where the market “wants” to go, but...

September 2013 NFP Report – Paxforex

by Paxforex | October 2, 2013 2:49 pm
On Friday we are supposed to receive the September NFP report unless the release will be delayed due to the first US government shutdown in 17 years. It really will not impact the figure itself and in...