USD/CAD Forecast August 21, 2013, Technical Analysis

by FX Empire | August 21, 2013 12:56 pm
The USD/CAD pair rose during the session on Tuesday, slamming into the 1.04 handle. While this is a significant resistance area, we do not feel that this market has completely broken out until we get above the...

GBP/USD Forecast August 21, 2013, Technical Analysis

by FX Empire | August 21, 2013 12:55 pm
The GBP/USD pair went higher during the session on Tuesday, breaking the top of the shooting star from the Monday trading hours. However, we think that this market is going to run into trouble the closer we...

EUR/USD Forecast August 21, 2013, Technical Analysis

by FX Empire | August 21, 2013 12:54 pm
The EUR/USD pair finally broke above the 1.34 handle during the session on Tuesday, and as a result it looks like the Euro is going to in fact beat up on the US dollar.

AUD/USD Forecast August 21, 2013, Technical Analysis

by FX Empire | August 21, 2013 12:53 pm
The AUD/USD pair fell during the session on Tuesday, but bounced in order to form a hammer. As you can see, the 0.90 level has offered support and now we have to wonder whether or not there...

NZD/USD: Range Still Intact (August 21, 2013)

by Kate Curtis | August 21, 2013 9:19 am
NZD/USD is still moving sideways lately, as resistance at the top of the range or at the .8100 major psychological level still held this week. At the same time, stochastic is pointing down, hinting at a potential...

GBP/USD: Rally to Continue? (August 20, 2013)

by Kate Curtis | August 20, 2013 9:17 am
GBP/USD has made another new high recently, as it broke slightly above the bullish pennant or flag pattern on its 1-hour time frame. However, it appears that the upward pressure isn’t that strong yet and the pair...

USD/JPY Forecast August 20, 2013, Technical Analysis

by FX Empire | August 20, 2013 6:40 am
The USD/JPY pair rallied during the session on Monday, but as you can see failed to hang onto the gains in order to form a fairly neutral looking candle. We believe that the 97.50 area is in...

USD/CAD Forecast August 20, 2013, Technical Analysis

by FX Empire | August 20, 2013 6:39 am
The USD/CAD pair rose slightly during the session on Monday after initially dipping, but as you can see the market still remains tied up in a relatively tight trading range.

GBP/USD Forecast August 20, 2013, Technical Analysis

by FX Empire | August 20, 2013 6:38 am
The GBP/USD pair rallied during the session on Monday, breaking above the 1.5650 level. However, as you can see we did not hold onto much of the gains in it appears that the market is getting a...

EUR/USD Forecast August 20, 2013, Technical Analysis

by FX Empire | August 20, 2013 6:37 am
The EUR/USD tried to rally during the session on Monday, but as you can see gave up most of the gains as we reach towards the 1.34 level. Because of this, it shows is that this market...