AUD/USD Forecast February 3, 2014, Technical Analysis

by FX Empire | February 1, 2014 2:40 am
The AUD/USD pair fell during the session on Friday, but found enough support at the 0.87 level to turn around and form a hammer. Nonetheless, we believe that this market is still inherently weak, and as a...

GBP/USD Forecast January 31, 2014, Technical Analysis

by FX Empire | January 31, 2014 4:57 am
The GBP/USD pair fell during the session on Thursday, slicing through the 1.65 handle. The market does have quite a bit of support below that area though, and as a result we got a bit of a...

EUR/USD Forecast January 31, 2014, Technical Analysis

by FX Empire | January 31, 2014 4:56 am
The EUR/USD pair fell hard during the session on Thursday, testing the 1.3550 level. This area has been supportive in the past, and as a result we feel that this market could seriously trying support down at...

AUD/USD Forecast January 31, 2014, Technical Analysis

by FX Empire | January 31, 2014 4:56 am
The AUD/USD pair fell during the beginning part of the session on Thursday, but turned around and formed a hammer. This hammer, although it looks to be supportive, appears to us to be more consolidation than anything...

USD/JPY Forecast January 30, 2014, Technical Analysis

by FX Empire | January 30, 2014 6:24 am
The USD/JPY pair fell hard during the session on Wednesday, testing the 102 level. The market did find buyers there, so it appears that there are at least enough people that believe in the uptrend to keep...

USD/CAD Forecast January 30, 2014, Technical Analysis

by FX Empire | January 30, 2014 6:23 am
The USD/CAD pair initially fell during the session on Wednesday, but found enough support below the 1.11 level in order to bounce and form a hammer. This was especially interesting considering that was the FMOC meeting day...

GBP/USD Forecast January 30, 2014, Technical Analysis

by FX Empire | January 30, 2014 6:22 am
The GBP/USD pair went back and forth during the session on Wednesday, essentially printing a neutral candle. This is the second day in a row we have seen as, but it does suggest that the 1.65 level...

EUR/USD Forecast January 30, 2014, Technical Analysis

by FX Empire | January 30, 2014 6:22 am
The EUR/USD pair fell during the session on Wednesday in preparation for the FMOC release. However, later on in the day we did in fact bounce enough to form a hammer, which of course is a significant...

AUD/USD Forecast January 30, 2014, Technical Analysis

by FX Empire | January 30, 2014 6:21 am
The AUD/USD pair tried to break above the 0.8 level during the session on Wednesday, but as you can see the market pushed back down as the Australian dollar continues to struggle. This would’ve been exacerbated by...

USD/JPY Forecast January 29, 2014, Technical Analysis

by FX Empire | January 29, 2014 8:39 am
The USD/JPY pair had another positive session on Tuesday, as the buyers have stepped up pressure again. This market will be especially sensitive to the FMOC meeting announcement later today, so quite frankly we think waiting until...