AUD/USD Forecast December 27, 2013, Technical Analysis
The AUD/USD pair fell during the bulk of the session on Thursday, but as you can see got a little bit of a bounce just below the 0.89 handle. This market of course has been very bearish...
Author: FX Empire
USD/JPY Forecast December 26, 2013, Technical Analysis
The USD/JPY pair had a positive session on Tuesday, and most brokers of course were closed on Christmas. However, the market does look like it’s ready to continue higher, or at the very least go sideways. We...
USD/CAD Forecast December 26, 20.3, Technical Analysis
The USD/CAD pair had a slightly positive session on Tuesday, proving the 1.06 level to be supportive. However, the markets were closed on Wednesday, so we can only look at the longer-term picture. Right now, it appears...
GBP/USD Forecast December 26, 2013, Technical Analysis
The GBP/USD pair had a positive session on Tuesday, and as most brokers were closed on Wednesday, we can only look at the recent action and assume that the choppiness should continue. Because of this, we feel...
EUR/USD Forecast December 26, 2013, Technical Analysis
The EUR/USD pair fell initially during the session on Tuesday, but bounce enough to form a hammer. Obviously, Christmas closed markets on Wednesday, but it does look like we are ready to continue grinding higher. We still...
AUD/USD Forecast December 26, 2013, Technical Analysis
The AUD/USD pair did very little during the session on Tuesday, but as you can see continues to hover around the 0.8950 level. This market looks like it wants to consolidate in this general vicinity, after breaking down below...
USD/JPY Forecast December 24, 2013, Technical Analysis
The USD/JPY pair initially fell during the session on Monday, but found enough support at the 104 level in order to bounce and form a hammer. In the last three sessions, we have had a hammer, a...
USD/CAD Forecast December 24, 2013, Technical Analysis
The USD/CAD pair fell during the balance of the session on Monday, but as you can see the 1.06 level has offered support again. This area has been supportive several times now, and as a result we...
GBP/USD Forecast December 24, 2013, Technical Analysis
The GBP/USD pair tried to rally during the session on Monday, but as you can see failed to hang onto the gains for any great length of time. Doesn’t really matter though, this is a market that...
EUR/USD Forecast December 24, 2013, Technical Analysis
The EUR/USD pair rose during the session on Monday, breaking through the 1.37 level at one point during the day. However, there is a significant amount resistance between here and the 1.38 level, so we think that ultimately this...