AUD/USD Forecast July 1, 2014, Technical Analysis

by FX Empire | July 1, 2014 6:00 am
The AUD/USD pair initially fell during the session on Monday, but found enough support below at the 0.94 level to turn things back around and form a big hammer. The hammer should in fact show that there...

USD/JPY Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:28 am
The USD/JPY pair fell during the course of the session on Friday, closing just below the 101.50 level. With that, it appears that the market is probably going to test the support area just below, and we...

USD/CAD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:27 am
The USD/CAD pair fell again during the session on Friday, continuing to show significant bearishness. However, we are getting fairly close to a massive support area in the form of the 1.06 level, and the uptrend line...

GBP/USD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:26 am
The GBP/USD pair went back and forth on Friday, essentially going nowhere. However, the one thing that he did do was show the 1.70 level to be supportive yet again, and with that we believe that this...

EUR/USD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:26 am
The EUR/USD pair had a positive session on Friday, breaking the top of the hammer for the Thursday session which of course is a strong buy signal. However, there is a significant amount of resistance just above...

AUD/USD Forecast June 30, 2014, Technical Analysis

by FX Empire | June 28, 2014 9:25 am
The AUD/USD pair tried to rally during the session on Friday but gave back up most of the gains. With that, the market tested the 0.9450 level, an area that has been very resistant risk lately. Because...

USD/JPY Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:56 am
USD/JPY pair initially fell during the session on Thursday, bouncing off of the 101.50 level though. That being the case, the market looks as if it wants to go higher, and as a result break the top...

USD/CAD Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:55 am
The USD/CAD pair fell below the 1.07 handle during the day on Thursday, but as you can see failed to continue much lower than that. Nonetheless, it does appear that the market is going to drift lower...

GBP/USD Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:54 am
The GBP/USD pair broke higher during the session on Thursday, clearing the 1.70 handle again. That area is a major support and resistance level, so it’s interesting that we managed to climb back above again. We are...

EUR/USD Forecast June 27, 2014, Technical Analysis

by FX Empire | June 27, 2014 7:53 am
The EUR/USD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer. This hammer suggests that we are experiencing quite a bit of buying pressure, and it...