AUD/USD Forecast February 26, 2014, Technical Analysis

by FX Empire | February 26, 2014 7:26 am
The AUD/USD pair fell during the session on Tuesday, but found the 0.90 level supportive enough in order to keep the market somewhat afloat. However, we believe that this market is going to continue to consolidate in...

USD/JPY Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:27 am
The USD/JPY pair initially fell during the session on Friday, but as you can see found enough support at the 102 level in order to go higher and form a hammer yet again. If we can get...

USD/CAD Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:26 am
The USD/CAD pair initially try to rally during the session on Monday, but turned back around based upon the shooting star that we had formed on Friday. That selling pressure push the market lower, but we are...

GBP/USD Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:24 am
The GBP/USD pair fell initially during the session on Monday, but as you can see bounced off of the 1.66 level in order to form a hammer. With that, we are believers that this market should continue...

EUR/USD Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:23 am
The EUR/USD pair went back and forth on Monday, essentially settling nothing by the time we closed. The resulting neutral candle suggests that the market still hasn’t made up its mind as to which direction wants to...

AUD/USD Forecast February 25, 2014, Technical Analysis

by FX Empire | February 25, 2014 5:20 am
AUD/USD initially fell during the session on Monday, testing the 0.8950 handle. However, we managed to bounce significantly after that, and challenge the 0.9050 level. We’ve not broken out to the upside though, so we feel that...

USD/JPY Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:33 am
The USD/JPY pair rose during the session on Friday, but gave back about half of the gains, in order to show a shooting star. The shooting star is preceded by two hammers though, so we look at...

USD/CAD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:32 am
The USD CAD pair tried to rally during the session on Friday, but as you can see failed to hang onto the gains. Because of this, we ended up forming a shooting star as the 1.12 level...

GBP/USD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:31 am
The GBP/USD pair try to rally during the session on Friday, but gave back all of the gains above the 1.67 level in order to form a shooting star. The market is still overly bullish though, and...

EUR/USD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:31 am
The EUR/USD pair went back and forth during the session on Friday, ultimately settling on a slightly positive candle. The market of course is stuck between the 1.37 level on the bottom, and the 1.38 level on...