AUD/USD Forecast July 16, 2014, Technical Analysis
The AUD/USD as you can see fell during the session on Tuesday, only to turn back around and form a hammer. Because of this, it looks like the market is still trying to build up enough momentum...
Author: FX Empire
USD/JPY Forecast July 15, 2014, Technical Analysis
The USD/JPY pair rose during the course of the session on Monday, as we continue to bounce around in this consolidation area. Because of this, we feel that the market will ultimately go to the 102.50 level....
USD/CAD Forecast July 15, 2014, Technical Analysis
The USD/CAD pair broke higher initially during the session on Monday, but then turned back around in order to form a little bit of a shooting star, as the market looks like it’s ready to continue to...
GBP/USD Forecast July 15, 2014, Technical Analysis
The GBP/USD pair initially tried to rally during the session on Monday, but as you can see pullback and broke below the 1.71 support level. We think that there is a massive amount of support down near...
EUR/USD Forecast July 15, 2014, Technical Analysis
The EUR/USD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star. The shooting star as you can see...
AUD/USD Forecast July 15, 2014, Technical Analysis
The AUD/USD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range. That being the case, we are still bullish...
USD/JPY Forecast July 14, 2014, Technical Analysis
The USD/JPY pair went back and forth during the course of the session on Friday, showing that the 101 level is still supportive enough to keep this market afloat, and that we are still within the consolidation...
USD/CAD Forecast July 14, 2014, Technical Analysis
The USD/CAD pair initially fell during the session on Friday, but after the Canadian jobs numbers came out negative, the Canadian dollar get absolutely pummeled. The uptrend line just below held the market up as well, and...
GBP/USD Forecast July 14, 2014, Technical Analysis
The GBP/USD pair went back and forth during the session on Friday, essentially settling nothing. The 1.71 level did offer enough support to keep the market somewhat afloat though, so appears that we are simply taking a...
EUR/USD Forecast July 14, 2014, Technical Analysis
EUR/USD pair went back and forth during the course of the session on Friday, essentially hugging the 1.36 level again. That being the case, the market still seems like it’s essentially stuck at fair value, as the...