GBP/USD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:05 am
The GBP/USD pair tried to rally during the session on Monday, but pullback to form a shooting star. Because of that, the market looks as if the sellers are starting to come back into power, and with...

EUR/USD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:04 am
During a particularly line session on Monday, the EUR/USD pair went nowhere. With that, we feel that the market really hasn’t told his much but we understand that the downside is most certainly favored at this point....

AUD/USD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:04 am
The AUD/USD pair tried to rally during the day on Monday, but found enough resistance to turn things back around and form a shooting star. The shooting star keeps us in the consolidation area we have been...

USD/JPY Forecast September 1, 2014, Technical Analysis

by FX Empire | August 30, 2014 1:23 pm
The USD/JPY pair broke higher during the day on Friday, breaking the top of the hammer that informed on Thursday. On top of that, we close above the 104 level so we feel that this market should...

USD/CAD Forecast September 1, 2014, Technical Analysis

by FX Empire | August 30, 2014 1:22 pm
The USD/CAD pair fell during the bulk of the session on Friday, but then turned back around and form a nice-looking hammer. This hammer sits right at the 1.0850 region, which makes us think that the market...

GBP/USD Forecast September 1, 2014, Technical Analysis

by FX Empire | August 30, 2014 1:22 pm
The GBP/USD pair initially fell during the course of the day on Friday, but then bounced enough to break above the 1.66 handle. The resulting candle is a hammer, so we can break the top of that...

EUR/USD Forecast September 1, 2014, Technical Analysis

by FX Empire | August 30, 2014 1:21 pm
The EUR/USD pair had another negative session on Friday, breaking below the support that we’ve seen recently. With that being the case, we feel that the market will head to the 1.31 level, and then eventually the...

AUD/USD Forecast September 1, 2014, Technical Analysis

by FX Empire | August 30, 2014 1:21 pm
The AUD/USD pair initially tried to rally during the course of the day on Friday, but found the 0.9350 level to be a bit too resistive. With that being the case, the shooting star that form for...

USD/JPY Forecast August 29, 2014, Technical Analysis

by FX Empire | August 29, 2014 5:33 am
The USD/JPY pair initially fell during the day on Thursday, but found enough support near the 103.50 level to bounce and form a nice-looking hammer. Because of this, we feel that the market certainly will have buyers...

USD/CAD Forecast August 29, 2014, Technical Analysis

by FX Empire | August 29, 2014 5:32 am
The USD/CAD pair fell during the day on Thursday, but as you can see bounced in order to form a bit of a hammer. With that being the case, it appears that the market may be trying...