AUD/USD Forecast February 5, 2014, Technical Analysis

by FX Empire | February 5, 2014 3:49 am
The AUD/USD pair rose during the session on Tuesday, blowing through the 0.88 handle like it wasn’t even there. However, we still see significant resistance up to the 0.90 handle, and this move was more or less...

USD/JPY Forecast February 4, 2014, Technical Analysis

by FX Empire | February 4, 2014 6:20 am
The USD/JPY pair fell during the session on Monday, testing the 101 level. However, we think that there is significant support all the way down to the 100 level, and although we think that we will eventually...

USD/CAD Forecast February 4, 2014, Technical Analysis

by FX Empire | February 4, 2014 6:19 am
The USD/CAD pair fell during the session on Monday, but as you can see found enough support at the 1.1050 area to bounce and form a nice-looking hammer. This is a market that’s been in an uptrend...

GBP/USD Forecast February 4, 2014, Technical Analysis

by FX Empire | February 4, 2014 6:19 am
The GBP/USD pair fell hard during the session on Monday, slamming into the 1.63 support level. This is an area that’s acted rather supportive of the last couple of months, so with that being the case we...

EUR/USD Forecast February 4, 2014, Technical Analysis

by FX Empire | February 4, 2014 6:18 am
The EUR/USD pair found the 1.35 level supportive in order to bounce during the session on Monday, but really didn’t go anywhere as far as the range is concerned. Yes, we did see the support that we...

AUD/USD Forecast February 4, 2014, Technical Analysis

by FX Empire | February 4, 2014 6:18 am
The AUD/USD pair try to rally during the session on Monday, finding the 0.88 level far too resistive though. The shooting started formed for the session of course suggests that the Australian dollar will continue to weaken...

USD/JPY Forecast February 3, 2014, Technical Analysis

by FX Empire | February 1, 2014 2:43 am
The USD/JPY pair fell during the bulk of the session on Friday, testing the 102 level for support. This area of course did hold up, so it appears we may grind sideways for the short-term. The weekly...

USD/CAD Forecast February 3, 2014, Technical Analysis

by FX Empire | February 1, 2014 2:42 am
The USD/CAD pair went back and forth during the session on Friday, ultimately printing a slightly negative candle. This just shows how much indecision there was in the market during this Friday session, but we still believe...

GBP/USD Forecast February 3, 2014, Technical Analysis

by FX Empire | February 1, 2014 2:41 am
The GBP/USD pair fell during the session on Friday, breaking down below the 1.6450 level. However, there is still plenty of support all the way down to the 1.63 handle, so we are not selling. Quite frankly,...

EUR/USD Forecast February 3, 2014, Technical Analysis

by FX Empire | February 1, 2014 2:41 am
The EUR/USD pair fell during the session on Friday, breaking below the 1.35 handle. This was an area that we had suspected would be significant support, but the fact that we are just 15 pips below it...