AUD/USD Forecast August 8, 2014, Technical Analysis
The AUD/USD pair fell during the course of the day on Thursday, but as you can see still sits above the 0.92 level, an area that we think is massively supportive. With that, we feel that the...
Author: FX Empire
USD/JPY Forecast August 7, 2014, Technical Analysis
The USD/JPY pair fell during the course of the day on Wednesday, but as you can see bounced back above the 102 level. Because of this, we feel that the market still has plenty of support below,...
USD/CAD Forecast August 7, 2014, Technical Analysis
The USD/CAD pair fell during the session after initially trying to break above the 1.10 level on Wednesday. It’s not a huge surprise though, as it is a large number. Also, this area has been resistive in...
GBP/USD Forecast August 7, 2014, Technical Analysis
The GBP/USD pair fell initially during the session on Wednesday, but as you can see found support at the 1.68 handle yet again. Because of this, we ended up forming a hammer, and that of course is...
EUR/USD Forecast August 7, 2014, Technical Analysis
The EUR/USD pair fell during the bulk of the session on Tuesday, but found enough support just above the 1.3325 level in order to bounce and form a nice-looking hammer. It appears that this market is starting...
AUD/USD Forecast August 7, 2014, Technical Analysis
The AUD/USD pair rose during the course of the day on Wednesday, breaking above the 0.9350 handle. This is where we expect to see a bit of resistance though, as it was a previous consolidation area, and...
USD/JPY Forecast August 6, 2014, Technical Analysis
The USD/JPY pair had a very volatile session on Tuesday, but ultimately showed the 103 level to be resistive. Because of this, we ended up forming a shooting star, which of course is a relatively negative sign....
USD/CAD Forecast August 6, 2014, Technical Analysis
The USD/CAD pair rose during the day on Tuesday, but still remains below the 1.10 handle, meaning that we believe there is a significant amount of resistance just above. With that, we need to see a daily...
GBP/USD Forecast August 6, 2014, Technical Analysis
The GBP/USD pair initially tried to fall during the session on Tuesday, but as you can see found enough support to turn things back around and form a hammer. This hammer of course is very positive, and...
EUR/USD Forecast August 6, 2014, Technical Analysis
The EUR/USD pair fell during the session on Tuesday, testing the lows again and even managed to break them at one point during the day. This market looks a very broken at this point, and we see...