AUD/USD Forecast August 19, 2014, Technical Analysis

by FX Empire | August 19, 2014 5:19 am
The AUD/USD pair as you can see went back and forth during the course of the day on Monday, continuing to show the 0.93 level is an area where the buyers could step back into the marketplace....

USD/JPY Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:17 pm
The USD/JPY pair went back and forth during the course of the session on Friday, as markets got very concerned about shooting in eastern Ukraine. With that, there was a bit of a “risk off” feel to...

USD/CAD Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:17 pm
The USD/CAD pair fell initially during the session on Friday, but found enough support at the 1.0850 level to turn things back around and form a hammer. This hammer of course is supportive looking, and if we...

GBP/USD Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:16 pm
The GBP/USD pair rose slightly during the session on Friday, proving that the hammer does in fact have some significance that we printed on Thursday. However, we think this is a short-term buying opportunity, and probably not...

EUR/USD Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:15 pm
The EUR/USD pair rose during the course of the day on Friday, but as you can see we stopped just below the 1.34 level again. However, the weekly candle for the third week in a row is...

AUD/USD Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:15 pm
The AUD/USD pair fell initially during the session on Friday, but as you can see found a little bit of support at the 0.93 handle, thereby forming a hammer. We believe that the market is trying to...

USD/JPY Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:48 am
The USD/JPY pair initially rallied during the session, but pulled back in order to form a shooting star. The shooting star of course suggests that the market is ready to continue to drop from here, and perhaps...

USD/CAD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:47 am
The USD/CAD pair initially fell during the course of the day on Thursday, but found enough support at the 1.09 level to turn things back around and form a hammer. This hammer of course suggests that the...

GBP/USD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:46 am
The GBP/USD pair fell during the session on Thursday, but found enough support at the 1.6650 level to bounce and form a hammer. This hammer should signal a bounce to the 1.68 level. The area will feature...

EUR/USD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:46 am
The EUR/USD pair went back and forth during the day on Thursday, but formed a shooting star yet again. Every time this market rallies, the sellers step been to push it back down. With that, if we...