AUD/USD Forecast December 24, 2013, Technical Analysis
The AUD/USD pair tried to rally on Monday, but as you can see gave back most of the gains. The resulting candle is a little bit of a shooting star, so break lower is enough to get us to...
Author: FX Empire
USD/JPY Forecast December 23, 2013, Technical Analysis
The USD/JPY pair went back and forth during the session on Friday, but essentially ended up running a shooting star. We are sitting just above the 104 level, and think that this market is getting ready to...
USD/CAD Forecast December 23, 2013, Technical Analysis
The USD/CAD pair tried to break out to the upside on Friday, but as you can see above the 1.07 level ran into a bit of trouble and ended up pulling back and forming a shooting star....
GBP/USD Forecast December 23, 2013, Technical Analysis
The GBP/USD pair did very little during the session on Friday, as we continue to hover around the 1.6350 handle. This market looks like it’s quieting down for the holiday season, but we do believe that ultimately...
EUR/USD Forecast December 23, 2013, Technical Analysis
The EUR/USD pair banged around during the session on Friday, ultimately putting out a positive candle, but at the end of the day it still has a fairly neutral feel to it. The market looks like it’s...
AUD/USD Forecast December 23, 2013, Technical Analysis
The AUD/USD pair had a positive session on Friday, as the market continues to try and fight the downtrend that we have seen recently. However, the 0.90 level should continue to offer resistance going forward, and as...
USD/JPY Forecast December 20, 2013, Technical Analysis
The USD/JPY pair fell initially during the session on Thursday, but as you can see continue the bullish action lately day as we bounce to form a hammer. The hammer suggest that the market is in fact...
USD/CAD Forecast December 20, 2013, Technical Analysis
The USD 40/CAD pair fell during the session on Thursday, to retrace about half of the gains found on Wednesday. Nonetheless, we think this simply going to be a buying opportunity as we continue to chop around...
GBP/USD Forecast December 20, 2013, Technical Analysis
The GBP/USD pair initially tried to fall during the session on Thursday, but found enough support around the 1.6350 level to bounce and form a hammer. This hammer suggest that the market would go higher, but we...
EUR/USD Forecast December 20, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, but we still remain above the 1.36 “floor” in this market. We think that that area still will cause a bit of a bounce, so at this low...