GBP/USD Forecast April 29, 2014, Technical Analysis
The GBP/USD pair broke out to the upside during the session on Monday, but as you can see pulled back enough to form a massive shooting star. Even though this is a very sign, we feel that...
Author: FX Empire
EUR/USD Forecast April 29, 2014, Technical Analysis
The EUR/USD pair went back and forth during the session on Monday, touching as high as the 1.39 region, but also when as low as the 1.38 region. With that, as a result we feel that the...
AUD/USD Forecast April 29, 2014, Technical Analysis
The AUD/USD pair initially tried to rally during the session on Monday, but found far too much resistance around the 0.93 level to continue going higher. Because of this, we ended up forming a shooting star that...
USD/JPY Forecast April 28, 2014, Technical Analysis
The USD/JPY pair went back and forth during the session on Friday, ultimately settling on a fairly negative candle. However, we can still see that the 102 level is supportive, and as a result the market should...
USD/CAD Forecast April 28, 2014, Technical Analysis
The USD/CAD pair rose slightly during the session on Friday, but at the end of the day remains mired in consolidation. With this, we feel that this market is simply going to grind sideways for the time...
GBP/USD Forecast April 28, 2014, Technical Analysis
The GBP/USD pair went back and forth during the session on Friday, ultimately forming a very neutral candle. We are closed at the 1.68 handle, and as a result we feel that ultimately we will break higher,...
EUR/USD Forecast April 28, 2014, Technical Analysis
The EUR/USD pair rose during the session on Friday, but as you can see gaveback quite a bit of the gains. In the end, we ended up forming a shooting star, but there so much in the...
AUD/USD Forecast April 28, 2014, Technical Analysis
The AUD/USD pair went back and forth on Friday, settling on a very neutral candle. The market is sitting on top of 0.9250, which of course has been massively supportive. With that, we do not have much...
USD/JPY Forecast April 25, 2014, Technical Analysis
The USD/JPY pair fell during the bulk of the session on Thursday, but found enough support right around the 102 level to turn things back around and form a hammer. This hammer of course is a supportive...
USD/CAD Forecast April 25, 2014, Technical Analysis
The USD/CAD pair did almost nothing during the session on Thursday, as we continue to meander just above the 1.10 level. With that, we feel that the market should continue to go sideways in the meantime, but...