AUD/USD Forecast February 20, 2014, Technical Analysis

by FX Empire | February 20, 2014 4:53 am
The AUD/USD pair initially rallied during the session on Wednesday, but found the area above to be far too resistive yet again. This is the second shooting star in a row, and as a result we feel...

USD/JPY Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:23 am
The USD/JPY pair rose during the session on Monday, testing the 102 level again. This area could offer a little bit of resistance, but ultimately we believe that the market will in fact go higher. In fact,...

USD/CAD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:22 am
The USD/CAD pair did very little during the session on Monday which of course wasn’t much of a surprise with it being a holiday in the United States. Presidents’ Day is an exactly a massive one, but...

GBP/USD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:21 am
The GBP/USD pair initially try to rally during the session on Monday, but found the area above the 1.68 level as being far too rich, and pulled back. Towards the end of the day we sat around...

EUR/USD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:20 am
The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off...

AUD/USD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:19 am
The AUD/USD pair fell during the session on Monday, filling the gap after initially gapping higher. That being said, we are still above the 0.90 level which of course could offer significant support, but we are below...

USD/JPY Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:49 am
The USD/JPY pair went back and forth during the session on Friday, forming a negative candle. We did close below the 102 level, but quite frankly this much noise below that we don’t really put too much...

USD/CAD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:48 am
The USD/CAD pair fell during the bulk of the session on Friday, but as you can see found enough buyers during the day to turn things back around and form a nice-looking hammer. The hammer sits just...

GBP/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:47 am
The GBP/USD pair rose during the session on Friday, shooting strength through the resistance of the 1.6650 level. The market even close at the very high of the day, so it appears that any pullback in the...

EUR/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:46 am
The EUR/USD pair rose during the session on Friday, challenging the 1.37 level. With that, we have run into resistance again, and as a result are struggling to go higher. If we can get above this level,...