AUD/USD Forecast February 7, 2014, Technical Analysis

by FX Empire | February 7, 2014 4:34 am
The AUD/USD pair try to rally during the session on Thursday, but as you can see found enough resistance just below the 0.90 level to pull back and form a hammer. This hammer is formed at the...

USD/JPY Forecast February 6, 2014, Technical Analysis

by FX Empire | February 6, 2014 5:55 am
The USD/JPY pair formed a hammer during the session on Wednesday again, showing that the 101 level is indeed going to be supportive. With that, we feel that this market will show substantial support again and again....

USD/CAD Forecast February 6, 2014, Technical Analysis

by FX Empire | February 6, 2014 5:55 am
The USD/CAD pair went back and forth during the session on Wednesday, continuing to tread water just below the 1.11 level. With that, it appears the market is going to simply go sideways between now and nonfarm...

GBP/USD Forecast February 6, 2014, Technical Analysis

by FX Empire | February 6, 2014 5:54 am
For the second session in a row, the GBP/USD pair formed a hammer on Wednesday. This hammer sits right at the 1.63 handle, and as a result it looks like this area is indeed going to be...

EUR/USD Forecast February 6, 2014, Technical Analysis

by FX Empire | February 6, 2014 5:52 am
The EUR/USD pair went back and forth during the session on Wednesday, showing the 1.35 level as being supportive. We still have the 200 EMA just below, which of course offers dynamic support as well. However, we...

AUD/USD Forecast February 6, 2014, Technical Analysis

by FX Empire | February 6, 2014 5:52 am
The AUD/USD pair went back and forth during the session on Wednesday, printing a neutral candle just above the 0.89 handle. That being the case, it appears the market is going to try and go higher, simply...

USD/JPY Forecast February 5, 2014, Technical Analysis

by FX Empire | February 5, 2014 3:52 am
The USD/JPY pair found enough support at the 101 level to bounce and form a hammer for the session on Tuesday. That being the case, it is almost impossible for me not to notice the fact that...

USD/CAD Forecast February 5, 2014, Technical Analysis

by FX Empire | February 5, 2014 3:51 am
The USD/CAD pair fell during the session on Tuesday, but as you can see found enough support right around the 1.1050 level in order to bounce and form a nice looking hammer. This is a market that...

GBP/USD Forecast February 5, 2014, Technical Analysis

by FX Empire | February 5, 2014 3:51 am
The GBP/USD pair fell below the 1.63 level during the session on Tuesday, but bounce back above that level in order to form a hammer. This hammer of course suggests that there is plenty of support below,...

EUR/USD Forecast February 5, 2014, Technical Analysis

by FX Empire | February 5, 2014 3:50 am
The EUR/USD pair continues to meander around the 1.35 handle, as the Tuesday session provided little in the way of volatility. Because of this, I am more and more convinced that the market is essentially going to...