USD/CAD Forecast January 29, 2014, Technical Analysis

by FX Empire | January 29, 2014 8:38 am
The USD/CAD pair went back and forth during the session on Tuesday, although it did find support below the 1.11 level. Because of this, it formed a neutral candle that almost looks a little like a hammer,...

GBP/USD Forecast January 29, 2014, Technical Analysis

by FX Empire | January 29, 2014 8:38 am
The GBP/USD pair went back and forth during the session on Tuesday, essentially settling nothing. This candle is very neutral, and we believe that the area below offers enough support that we really can break down significantly,...

EUR/USD Forecast January 29, 2014, Technical Analysis

by FX Empire | January 29, 2014 8:37 am
The EUR/USD pair fell during the session on Tuesday, but as you can see bounced enough to close above the 1.3650 level. With this hammer, it appears that the market is going to simply grind sideways in...

AUD/USD Forecast January 29, 2014, Technical Analysis

by FX Empire | January 29, 2014 8:36 am
The AUD/USD pair had a positive session on Tuesday, breaking above the 0.88 level at one point in time, but falling back down before the day closed. Nonetheless, this market looks like it should run into a...

USD/JPY Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:29 am
The USD/JPY pair rose during the session on Monday, using the 102 level as a springboard of support. This market continues to be positive overall, but we have suffered a relatively significant pullback recently. Quite frankly, we...

USD/CAD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:29 am
The USD/CAD pair initially fell during the session on Monday, but as you can see bounced high enough to test the recent highs. Now that we are getting close to the top of the shooting star from...

GBP/USD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:28 am
The GBP/USD pair rose during the session on Monday, using the 1.65 level as support. This area was previously significant resistance, so the fact that it offered support really wasn’t that big of a surprise. On top...

EUR/USD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:27 am
The EUR/USD pair went back and forth on Monday, printing a neutral but slightly negative candle. The fact that this was printed right after a shooting star on Friday suggests that perhaps the market is ready to...

AUD/USD Forecast January 28, 2014, Technical Analysis

by FX Empire | January 28, 2014 3:26 am
The AUD/USD pair rose during the session on Monday, getting back some of the losses that it had suffered on Friday. However, we see plenty of resistance in noise above, especially around the 0.88 level to keep...

USD/JPY Forecast January 27, 2014, Technical Analysis

by FX Empire | January 25, 2014 5:13 am
The USD/JPY pair fell during the session on Friday, slamming into the 102 level. That area offered enough support to keep the market afloat, but as a result this market still looks quite a bit negative. However,...