AUD/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:45 am
The AUD/USD pair rose during the session on Friday, breaking above the 0.90 handle. However, the market still see is a significant amount resistance above as shown by the Wednesday shooting star. If we can get above...

USD/JPY Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:54 am
The USD/JPY pair initially fell during the session on Thursday, but as you can see found enough support below the 102 level to turn around and form a nice-looking hammer. This is a market that we have...

USD/CAD Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:53 am
The USD/CAD pair try to rally during the session on Thursday, but found the area above the 1.10 level as being a bit too rich. Because of this, we formed a relatively negative candle, albeit sitting on...

GBP/USD Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:53 am
The GBP/USD pair rose during the session on Thursday, breaking above the 1.6650 level. We have essentially broken out, but if we can get above the highs from the Thursday session, we would be much more comfortable...

EUR/USD Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:52 am
The EUR/USD pair rose during the session on Thursday, breaking above the highs from the Wednesday session, and more importantly piercing above the highs from the Tuesday shooting star. However, the 1.37 level has offered resistance yet...

AUD/USD Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:52 am
The AUD/USD pair initially fell during the session on Thursday, but you can see found enough support below in order to bounce and form a hammer. This hammer of course suggests that we are going to try...

USD/JPY Forecast February 13, 2014, Technical Analysis

by FX Empire | February 13, 2014 4:00 am
The USD/JPY pair has been one that we been following fairly closely over the last several months now. During the session on Wednesday, you can see that the market tried to fall, but found enough support in...

USD/CAD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 13, 2014 4:00 am
The USD/CAD pair fell during the bulk of the session on Wednesday, but as you can see bounced just a bit too close right around the 1.10 level. This suggests to us that this area is indeed...

GBP/USD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 13, 2014 3:59 am
The GBP/USD pair rose drastically during the session on Wednesday, breaking above the 1.65 level. That being the case, this market looks like it’s ready to go higher, but we do recognize that there is a bit...

EUR/USD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 13, 2014 3:58 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...