AUD/USD Forecast July 21, 2014, Technical Analysis

by FX Empire | July 19, 2014 12:33 pm
The AUD/USD pair rallied during the session on Friday, but remains within the previous consolidation area so we aren’t necessarily interested in placing money into the market. If we can break above the 0.95 level, we feel...

USD/JPY Forecast July 18, 2014, Technical Analysis

by FX Empire | July 18, 2014 7:36 am
The USD/JPY pair fell hard during the session on Thursday, testing the support level just below at the 101 handle. Because of this, we believe that the buyers will stepping into this marketplace, and then the pair...

USD/CAD Forecast July 18, 2014, Technical Analysis

by FX Empire | July 18, 2014 7:35 am
The USD/CAD pair initially tried to fall during the course of the session on Thursday, but as you can see turned back around to form a relatively positive candle. We are still below the 1.08 handle now,...

GBP/USD Forecast July 18, 2014, Technical Analysis

by FX Empire | July 18, 2014 7:34 am
GBP/USD fell during the session on Thursday, testing the 1.71 level. This area continues to be somewhat supportive though, and as a result we feel that the market should continue to bounce from here and head to...

EUR/USD Forecast July 18, 2014, Technical Analysis

by FX Empire | July 18, 2014 7:34 am
The EUR/USD pair went back and forth during the session on Thursday, showing that the 1.35 level would of course continue to be supportive. With this being the case, the market feels as if it’s ready to...

AUD/USD Forecast July 18, 2014, Technical Analysis

by FX Empire | July 18, 2014 7:33 am
The AUD/USD pair tried to rally during the course of the session on Thursday, but as you can see pulled back to form a shooting star. The shooting star was preceded by a hammer, and we do...

USD/JPY Forecast July 16, 2014, Technical Analysis

by FX Empire | July 16, 2014 7:05 am
The USD/JPY pair broke higher during the session on Tuesday, after initially dipping. However, we are closer to the bottom of the consolidation area them the top, so it makes sense that we would continue to see...

USD/CAD Forecast July 16, 2014, Technical Analysis

by FX Empire | July 16, 2014 7:04 am
The USD/CAD pair broke higher during the session on Tuesday, and even broke the top of the shooting star from the Monday session, and obviously bullish sign. We like this pair now that we have proven the...

GBP/USD Forecast July 16, 2014, Technical Analysis

by FX Empire | July 16, 2014 7:03 am
The GBP/USD pair broke higher during the session on Tuesday, but could not clear the 1.72 level that we have been looking for in order to start buying again. Because of this, we are still on the...

EUR/USD Forecast July 16, 2014, Technical Analysis

by FX Empire | July 16, 2014 7:02 am
The EUR/USD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks. However, we see a significant support region at the 1.35 handle, so we are simply waiting to see...