GBP/USD Forecast September 11, 2014, Technical Analysis

by FX Empire | September 11, 2014 7:13 am
The GBP/USD pair as you can see initially fell during the course of the day on Wednesday, but bounced enough to head back towards the 1.62 level. We are just below a gap from the beginning of...

EUR/USD Forecast September 11, 2014, Technical Analysis

by FX Empire | September 11, 2014 7:12 am
The EUR/USD pair had a fairly calm session as we continue to bounce around in the general vicinity. We seem to be attracted to the 1.29 level, we think ultimately this market will break out to the...

AUD/USD Forecast September 11, 2014, Technical Analysis

by FX Empire | September 11, 2014 7:11 am
The AUD/USD pair fell during most of the session on Wednesday, but bounce significantly off of the 0.91 handle, as we formed a massive hammer. That being the case, if we break the top of the hammer,...

USD/JPY Forecast September 10, 2014, Technical Analysis

by FX Empire | September 10, 2014 5:26 am
The USD/JPY pair broke higher during the course of the day on Tuesday, breaking above the 106 level. That being the case, the market ended up pulling back though based upon the large amount of resistance above....

USD/CAD Forecast September 10, 2014, Technical Analysis

by FX Empire | September 10, 2014 5:25 am
The USD/CAD pair broke higher during the course of the day on Tuesday, slicing through the 1.10 level. However, the area above that important level pushed the market back down, forming a perfect shooting star. The shooting...

GBP/USD Forecast September 10, 2014, Technical Analysis

by FX Empire | September 10, 2014 5:24 am
The GBP/USD pair went back and forth during the day on Tuesday, as we continue to see significant bearishness in this market. We think that any bouncer this point time will find quite a bit of resistance...

EUR/USD Forecast September 10, 2014, Technical Analysis

by FX Empire | September 10, 2014 5:22 am
The EUR/USD pair broke lower during the day on Tuesday, but as you can see the 1.2850 level below offered enough support to turn things back around and form a hammer like candle. With that being the...

AUD/USD Forecast September 10, 2014, Technical Analysis

by FX Empire | September 10, 2014 5:22 am
The AUD/USD pair fell hard during the session on Tuesday, slamming into the 0.92 region. This is an area that has been massively supportive in the past, which is the bottom of a larger consolidation area. This...

USD/JPY Forecast September 8, 2014, Technical Analysis

by FX Empire | September 6, 2014 10:08 am
The USD/JPY pair fell during the course of the day on Friday, and even dropped below the 105 level. However, there was enough support below to turn things back around and we closed just above it. That...

USD/CAD Forecast September 8, 2014, Technical Analysis

by FX Empire | September 6, 2014 10:08 am
The USD/CAD pair fell initially during the session on Friday, but as you can see formed a hammer. With the US employment numbers coming out a bit on the light side, we did of course see this...