GBP/USD Forecast August 27, 2014, Technical Analysis

by FX Empire | August 27, 2014 6:05 am
The GBP/USD pair initially went higher during the course of the day on Tuesday, only to find the 1.66 level a bit too resistive to continue the move higher. With that, we have formed to shooting stars...

EUR/USD Forecast August 27, 2014, Technical Analysis

by FX Empire | August 27, 2014 6:04 am
The EUR/USD pair tried to rally initially during the day on Tuesday, but as you can see the 1.32 area has offered resistance again. With that being the case, the market seems like it’s ready to continue...

AUD/USD Forecast August 27, 2014, Technical Analysis

by FX Empire | August 27, 2014 5:58 am
The AUD/USD pair tried to go higher during the course of the day on Tuesday, and did gain a bit. However, you can see that we continue to hang about the 0.93 level, as the consolidation area...

USD/JPY Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:50 am
The USD/JPY pair fell during the course of the day after initially gapping higher on Monday. With that being the case, the market seems like it’s trying to find support somewhere near the 104 level, which should...

USD/CAD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:50 am
The USD/CAD pair initially fell during the session on Monday, but as you can see turned back and formed a massive hammer. This hammer sits just below the 1.10 level, and if we can get above that...

GBP/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:49 am
The GBP/USD pair gapped lower at the open on Monday, but turn things back around in order to form a fairly bullish candle for the day. With that, it appears that the British pound is starting to...

EUR/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:49 am
The EUR/USD pair gapped lower at the open on Monday, as the bearish pressure on the Euro continues. Breaking below the 1.33 level was of course a negative sign, and we believe that this market continues to...

AUD/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:47 am
The AUD/USD pair tried to rally during the session on Monday, but fell back down and formed a shooting star. That being the case, the market looks like a market that is still trying to go sideways....

USD/JPY Forecast August 25, 2014, Technical Analysis

by FX Empire | August 24, 2014 12:30 am
The USD/JPY pair went back and forth during the course of the day on Friday, essentially showing that it is a very confused market. We don’t really believe that wholeheartedly, but would rather anticipate that we are...

USD/CAD Forecast August 25, 2014, Technical Analysis

by FX Empire | August 24, 2014 12:29 am
The USD/CAD pair went back and forth on Friday, initially trying to break out but finding the 1.10 level too resistive yet again and formed a shooting star. The shooting star courses negative, but we do not...