GBP/USD Forecast April 15, 2014, Technical Analysis

by FX Empire | April 15, 2014 5:48 am
The GBP/USD pair initially fell during the session on Monday, but bounced enough to form a hammer that is essentially centered on the 1.67 level. With that, we believe that the market continues to go higher. A...

EUR/USD Forecast April 15, 2014, Technical Analysis

by FX Empire | April 15, 2014 5:48 am
The EUR/USD pair fell during the session on Monday, gapping lower as ECB members suggested that perhaps more monetary stimulus could come into play as the Euro is overvalued in their opinion. With that, we may end...

AUD/USD Forecast April 15, 2014, Technical Analysis

by FX Empire | April 15, 2014 5:47 am
The AUD/USD pair rose during the session on Monday, continuing to show strength as we are above the 0.94 handle. We still believe that the 0.95 level is in fact going to be the target, but at...

USD/JPY Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:11 pm
The USD/JPY pair initially rose during the session on Friday, bouncing off of the 101.50 support area. That being the case, it does look somewhat bullish down here, but we gave back about half of the gains....

USD/CAD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:10 pm
The USD/CAD pair rose during the session on Friday again, and as it appears the market looks as if it is trying to break out above that area, but if we can get above there we believe...

GBP/USD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:10 pm
The GBP/USD pair fell during the session on Friday, but as you can see there is plenty of noise below and it has been a fairly impulsive market to the upside recently. With that, we are still...

EUR/USD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:09 pm
The EUR/USD pair went back and forth during the session on Friday, essentially settling nothing. At the end of the day, we still find yourselves bullish though, and it appears that a pullback could come though. That...

AUD/USD Forecast April 14, 2014, Technical Analysis

by FX Empire | April 12, 2014 3:08 pm
The AUD/USD pair went back and forth during the session on Friday, forming a fairly neutral candle. Having said that, the market is rather bullish overall that we think that a pullback could be coming. After the...

USD/JPY Forecast April 11, 2014, Technical Analysis

by FX Empire | April 11, 2014 5:13 am
The USD/JPY pair fell during the session on Thursday, testing the 101.50 level. Looking at this market, you can see that the support level has been rather stiff below. So it makes sense that we could see...

USD/CAD Forecast April 11, 2014, Technical Analysis

by FX Empire | April 11, 2014 5:13 am
The USD/CAD pair rose during the session on Thursday, bouncing off of the 1.0850 level. This area of course is trying to offer some type of support for a market that has broken down significantly. A break...