GBP/USD Forecast May 5, 2014, Technical Analysis
The GBP/USD pair fell during the bulk of the session on Friday, but found enough support down at the 1.68 level to bring in buyers and push the market much higher. In the end forming a hammer...
Author: FX Empire
EUR/USD Forecast May 5, 2014, Technical Analysis
The EUR/USD pair initially fell during the session on Friday as the nonfarm payroll came out much higher than anticipated. However, we get a significant bounce of the 1.38 handle, and formed a massive hammer. We believe...
AUD/USD Forecast May 5, 2014, Technical Analysis
The AUD/USD pair initially broke down below the 0.9250 level during the session on Friday, but from enough support to push things back around and form a massive hammer. This hammer of course suggests that there are...
USD/JPY Forecast May 2, 2014, Technical Analysis
The USD/JPY pair initially fell during the session on Thursday, but turned that the things back around in order to form a little bit of a hammer. This hammer suggests that we are in fact going to...
USD/CAD Forecast May 2, 2014, Technical Analysis
The USD/CAD pair rallied during the session on Thursday, but found enough resistance of the 1.10 level to turn things back around and form a shooting star. The shooting star of course suggests that we are going...
GBP/USD Forecast May 2, 2014, Technical Analysis
The GBP/USD pair rose during much of the session on Thursday, but ran into a bit of trouble once we get above the 1.69 level. With that we feel that the market might pull back a little...
EUR/USD Forecast May 2, 2014, Technical Analysis
The EUR/USD pair tried to rally during the session on Thursday, but in the end the sellers came into play and push the market back down. The resulting candle of course was a shooting star, and then...
AUD/USD Forecast May 2, 2014, Technical Analysis
The AUD/USD pair went back and forth during the session on Thursday, showing that the market is still continue to go sideways just above the 0.9250 level. With that, we feel that the market is simply taking...
USD/JPY Forecast May 1, 2014, Technical Analysis
The USD/JPY pair fell during most of the session on Wednesday, but found support near the 102 handle. With that, it appears this market is ready to find buyers every time it falls, something that we have...
USD/CAD Forecast May 1, 2014, Technical Analysis
The USD/CAD pair tried to rally during the session on Wednesday, but fell back down and formed a shooting star. The shooting star of course is a very sign, and therefore we begin to wonder whether or...