AUD/USD Forecast August 15, 2014, Technical Analysis
AUD/USD initially fell during the course of the day on Thursday, but found enough support just below the 0.93 level to turn things back around and form a bit of a hammer. If we can break the...
Author: FX Empire
USD/JPY Forecast August 14, 2014, Technical Analysis
The USD/JPY pair rose during the course of the day on Wednesday, as the market continues to grind its way back towards the 103 level. That being the case, the one of three level looks like it...
USD/CAD Forecast August 14, 2014, Technical Analysis
The USD/CAD pair went back and forth during the course of the day on Wednesday, testing the 1.09 level for support. This area is the bottom of the most recent consolidation area, so seeing buying pressure in...
GBP/USD Forecast August 14, 2014, Technical Analysis
The GBP/USD pair fell rather hard during the session on Wednesday after initially tried to rally above the 1.68 handle. The Bank of England suggested that perhaps the economy is a lot cloudier than originally thought, and...
EUR/USD Forecast August 14, 2014, Technical Analysis
The EUR/USD pair continues on bearish as we initially rallied during the day on Wednesday, only to turn back around and form a massive shooting star. The candle forming where it does suggests that we are in...
AUD/USD Forecast August 14, 2014, Technical Analysis
The AUD/USD pair rose during the course of the day on Wednesday, breaking the top of several hammers. With that, the market tested the 0.93 level, where found a bit of resistance. We believe that the market...
USD/JPY Forecast August 12, 2014, Technical Analysis
The USD/JPY pair initially fell during the course of the day on Monday, but found enough support at the 102 handle to turn things back around and form a nice-looking hammer. This hammer of course suggests that...
USD/CAD Forecast August 12, 2014, Technical Analysis
The USD/CAD pair fell during the course of the day on Monday, showing significant resistance at the 1.10 level. However, we are most certainly in an uptrend at the moment, and as a result we believe that...
GBP/USD Forecast August 12, 2014, Technical Analysis
The GBP/USD pair rose slightly during the session on Monday, but found the 1.68 level resistive. This was an area of support previously, so the fact that we did not break above there is in fact interesting....
EUR/USD Forecast August 12, 2014, Technical Analysis
The EUR/USD pair fell during the course of the day on Monday, continuing to show a bit of a downtrend, and consolidating in this general vicinity. We believe that the 1.33 level is the significant support that...