GBP/USD Forecast April 7, 20.4, Technical Analysis

by FX Empire | April 7, 2014 1:01 am
The GBP/USD pair fell during the session on Friday, but found enough support below the 1.6550 level in order to turn things around and form a hammer. Because of this, we believe that this market could very...

EUR/USD Forecast April 7, 2014, Technical Analysis

by FX Empire | April 7, 2014 1:00 am
The EUR/USD pair fell during the session on Friday, but bounce back above the 1.37 level in order to form a nice hammer. This hammer of course is a bullish sign, but it appears that the euro...

AUD/USD Forecast April 7, 2014, Technical Analysis

by FX Empire | April 7, 2014 1:00 am
The AUD/USD pair rose during the session on Friday, breaking above the 0.9250 handle. Because of this, it appears the market is in fact going to try and go higher, so a break of the highs for...

USD/JPY Forecast April 4, 2014, Technical Analysis

by FX Empire | April 4, 2014 9:58 am
The USD/JPY pair tried to rally during the session on Thursday, but as you can see lost most of the gains by the time we closed at the end of the day. The 104 level proved to...

USD/CAD Forecast April 4, 2014, Technical Analysis

by FX Empire | April 4, 2014 9:56 am
The USD/CAD pair fell during a majority the session on Thursday, but as you can see bounced off of the 1.10 level yet again in order to prove it to be very supportive. We feel that the...

GBP/USD Forecast April 4, 2014, Technical Analysis

by FX Empire | April 4, 2014 9:55 am
The GBP/USD pair had a pretty volatile session on Thursday, but ultimately settled on selling off for the day. This market looks like it’s trying to continue to go lower, perhaps trying to reach the 1.65 level....

EUR/USD Forecast April 4, 2014, Technical Analysis

by FX Empire | April 4, 2014 9:53 am
The EUR/USD pair initially try to rally during the session on Thursday, but fell hard enough to slam back into the 1.37 level. That area has been supportive several times now, and as a result we think...

AUD/USD Forecast April 4, 2014, Technical Analysis

by FX Empire | April 4, 2014 9:52 am
The AUD/USD pair fell during most of the session on Thursday, but found enough support to turn things back around and form a hammer. They hammer of course is a sign of bullishness, but we can some...

USD/JPY Forecast April 2, 2014, Technical Analysis

by FX Empire | April 2, 2014 6:59 am
The USD/JPY pair rose during the session on Tuesday, shooting straight up in the air. The market still sits just below the most recent high, but it is so close the one has to think that sooner...

USD/CAD Forecast April 2, 2014, Technical Analysis

by FX Empire | April 2, 2014 6:58 am
The USD/CAD pair fell during the session on Tuesday, showing the 1.10 level to be supportive yet again. We believe that this area is going to be rather supportive in the near term, as we await to...