AUD/USD Forecast July 3, 2014, Technical Analysis

by FX Empire | July 3, 2014 6:32 am
The AUD/USD pair fell significantly during the session on Wednesday, taking back most of the gains from the Tuesday session. This being the case, the market looks as if it’s trying to find support at the site...

USD/JPY Forecast July 2, 2014, Technical Analysis

by FX Empire | July 2, 2014 7:13 am
The USD/JPY pair rose during the course of the session on Tuesday, showing the support that we had anticipated previously. The fact that this market now shows support suggests to us that in fact the longer-term consolidation...

USD/CAD Forecast July 2, 2014, Technical Analysis

by FX Empire | July 2, 2014 7:12 am
The USD/CAD pair fell during the session on Tuesday, but remains above the 1.06 handle. It is not until we clear that area to the downside that we are comfortable selling. In fact, with the nonfarm payroll...

GBP/USD Forecast July 2, 2014, Technical Analysis

by FX Empire | July 2, 2014 7:11 am
The GBP/USD pair continued its bullish move on Tuesday, breaking above the 1.7150 level. The action from the Tuesday session suggests that the market is in fact going to continue going higher, as we try to get...

EUR/USD Forecast July 2, 2014, Technical Analysis

by FX Empire | July 2, 2014 7:11 am
The EUR/USD pair fell during the session on Tuesday, as the 1.37 level did in fact offer resistance. This is been the case for this level for some time now, and although we did shoot through quite...

AUD/USD Forecast July 2, 2014, Technical Analysis

by FX Empire | July 2, 2014 7:10 am
The AUD/USD pair did in fact have a strong move during the session on Tuesday, but failed to break above the 0.95 level. Because of this, we are a bit hesitant to go long at this point...

USD/JPY Forecast July 1, 2014, Technical Analysis

by FX Empire | July 1, 2014 6:03 am
The USD/JPY pair fell during the session on Monday, dipping below the 101.50 level. The area below is rather supportive level, so we don’t necessarily anticipate selling this market anytime soon. Because of this, we feel that...

USD/CAD Forecast July 1, 2014, Technical Analysis

by FX Empire | July 1, 2014 6:02 am
The USD/CAD pair went back and forth on Monday, but essentially ended up unchanged. There is a significant uptrend line just below though, and as a result we feel that this market could in fact buying quite...

GBP/USD Forecast July 1, 2014, Technical Analysis

by FX Empire | July 1, 2014 6:02 am
The GBP/USD pair initially fell towards the 1.70 handle during the session on Monday, but as you can see absolutely exploded to the upside and broke out. The break out during the session on Monday cleared a...

EUR/USD Forecast July 1, 2014, Technical Analysis

by FX Empire | July 1, 2014 6:01 am
The EUR/USD pair broke higher during the session on Monday, slamming into the 1.37 handle. This is an area that’s been significant resistance previously, so it makes sense that the market stopped right there. However, the fact...