USD/CAD Forecast April 2, 2015, Technical Analysis

by FX Empire | April 2, 2015 5:35 am
The USD/CAD pair went back and forth on Wednesday, essentially settling on a relatively neutral candle but did have a little bit of bearishness to it. The market looks as if it’s ready to continue to drop...

GBP/USD Forecast April 2, 2015, Technical Analysis

by FX Empire | April 2, 2015 5:34 am
The GBP/USD pair fell during the course of the session on Wednesday, dipping well below the 1.48 level before finding support. That being the case, we ended up bouncing enough to form a bit of a hammer,...

EUR/USD Forecast April 2, 2015, Technical Analysis

by FX Empire | April 2, 2015 5:33 am
The EUR/USD pair initially fell during the course of the day on Wednesday, but found enough support below the 1.0750 level to turn things back around and form a hammer. This is the second hammer in a...

AUD/USD Forecast April 2, 2015, Technical Analysis

by FX Empire | April 2, 2015 5:33 am
The AUD/USD pair fell during the course of the session on Wednesday, testing the 0.76 handle. With that, we feel that the market will continue to go much lower. If we can break down below this handle,...

USD/JPY Forecast April 1, 2015, Technical Analysis

by FX Empire | April 1, 2015 5:55 am
The USD/JPY pair fell during the session on Tuesday, but found enough support just below the 120 level to turn things back around and form a bit of a hammer. Because of this, if we can break...

USD/CAD Forecast April 1, 2015, Technical Analysis

by FX Empire | April 1, 2015 5:54 am
The USD/CAD pair initially went much higher during the course of the session on Tuesday, but turned back around to form a shooting star. However, the shooting star suggests not weakness, but a continuation of the consolidation...

GBP/USD Forecast April 1, 2015, Technical Analysis

by FX Empire | April 1, 2015 5:54 am
The GBP/USD pair rallied during the session on Tuesday, but lost about half of the gains. The area just above is massively resistive, so what we are waiting for is a break down below the bottom of...

EUR/USD Forecast April 1, 2015, Technical Analysis

by FX Empire | April 1, 2015 5:53 am
The EUR/USD pair fell during the course of the day on Tuesday, as we are now below the 1.0750 handle. With this, we believe that the Euro continues to fall, and will eventually test the 1.05 level...

AUD/USD Forecast April 1, 2015, Technical Analysis

by FX Empire | April 1, 2015 5:51 am
The AUD/USD pair went back and forth during the session on Tuesday, testing the 0.76 level. However, this is a market that looks like it wants to break down, and given enough time we believe it will....

USD/JPY Forecast March 31, 2015, Technical Analysis

by FX Empire | March 31, 2015 7:44 am
The USD/JPY pair had a very strong session on Monday, slicing through the 120 level during US trading. That being the case, the market looks very bullish and if we can break above the top of the...