GBP/USD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:42 am
The GBP/USD pair took off to the upside during the session on Tuesday, breaking above the resistance level at the 1.67 handle, and heading towards the 1.68 level, the next resistance area. We believe that if we...

EUR/USD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:41 am
The EUR/USD pair broke higher during the session on Tuesday, reaching all the way to the 1.38 level. This was our short-term target, and now we have succeeded in what we anticipated happening. That being the case,...

AUD/USD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:41 am
The AUD/USD pair broke higher during the session on Tuesday, finally breaking out above the 0.93 handle. Because of this, it appears that the market is ready to head back to the 0.95 handle, which of course...

USD/JPY Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:22 am
The USD/JPY pair fell during the session on Monday, finding the 103 level by the end of the day. This area could bring in buyers, but in the meantime it’s difficult to buy until we get a...

USD/CAD Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:21 am
The USD/CAD pair tried to rally during the session on Monday, but found the 1.10 level to be a bit too resistive in order to form a shooting star. This shooting star suggests that the market is...

GBP/USD Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:21 am
The GBP/USD pair rose during the session on Monday, breaking above the 1.66 level again. This market appears as if it is ready to continue going higher, ultimately testing the 1.70 level given enough time. However, there...

EUR/USD Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:20 am
The EUR/USD pair rose during the session on Monday, breaking the top of the hammer from the Friday session, so it appears that the market is ready to continue going higher. This is interesting, because the hammer...

AUD/USD Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:20 am
The AUD/USD pair fell during the session on Monday, but found the 0.9250 level supportive enough to keep the market afloat. Because of this, we feel that this market is ready to continue going higher, not to...

USD/JPY Forecast April 7, 2014, Technical Analysis

by FX Empire | April 7, 2014 1:02 am
The USD/JPY pair initially try to rally on Friday, but turn things back around and formed a very nasty looking bearish candle. That being said though, we believe that the longer-term Outlook of the pair is higher,...

USD/CAD Forecast April 7, 2014, Technical Analysis

by FX Empire | April 7, 2014 1:01 am
The USD/CAD pair fell during the session on Friday, slicing through the 1.10 level. Even though that’s the big figure, we see support all the way down to the 1.09 handle, so quite frankly we are buyers...