GBP/USD Forecast April 23, 2014, Technical Analysis

by FX Empire | April 23, 2014 3:28 am
The GBP/USD pair rose during the session on Tuesday, but could not breakout to fresh new highs. However, the 1.6850 level looks like its being challenged rather significantly, so we feel it’s only a matter of time....

EUR/USD Forecast April 23, 2014, Technical Analysis

by FX Empire | April 23, 2014 3:28 am
The EUR/USD pair tried to rally during the session on Tuesday, but fell from the 1.3835 level to form a shooting star. This suggests that the market is going to continue falling from here, and that a...

AUD/USD Forecast April 23, 2014, Technical Analysis

by FX Empire | April 23, 2014 3:27 am
The AUD/USD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. That signifies that we are going higher in our opinion, and as a result we started buying...

USD/JPY Forecast April 22, 2014, get technical Analysis

by FX Empire | April 22, 2014 4:45 am
The USD/JPY pair went back and forth during the session on Monday, as traders came back from the holiday weekend. However, much of Europe was still away from its desk, and as a result the liquidity would...

USD/CAD Forecast April 22, 2014, Technical Analysis

by FX Empire | April 22, 2014 4:44 am
The USD/CAD pair did nothing during the session on Monday, as we continue to meander around the 1.10 level. Isn’t this area that we think that a strong battle between the buyers and sellers is occurring, with...

GBP/USD Forecast April 22, 2014, Technical Analysis

by FX Empire | April 22, 2014 4:43 am
The GBP/USD pair tried to rally during the session on Monday, but as you can see giveback most of the gains. At the end of the day, we had form a shooting star, which of course is...

EUR/USD Forecast April 22, 2014, Technical Analysis

by FX Empire | April 22, 2014 4:43 am
The EUR/USD pair initially tried to rally on Monday, but found enough resistance above that the market fell. However, the European tour and even at work during the session, so it’s hard to read too much into...

AUD/USD Forecast April 22, 2014, Technical Analysis

by FX Empire | April 22, 2014 4:42 am
The AUD/USD pair went back and forth during the session on Monday, essentially settling nothing. Because of this, we really don’t have much of a trade set up in this marketplace right now, but we do recognize...

USD/JPY Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:27 am
The USD/JPY pair did very little during the session on Friday, as liquidity would have been a little bit lower than usual due to the Good Friday holiday. That being said, it appears that the market still...

USD/CAD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:26 am
The USD/CAD pair fell initially during the session on Friday, but bounced off of the 1.10 level enough to form a little bit of a hammer. However, the liquidity of the marketplace was pretty low during the...