AUD/USD Forecast December 18, 2013, Technical Analysis

by FX Empire | December 18, 2013 5:28 am
The AUD/USD pair fell during the session on Tuesday, but found enough support at the 0.89 handle in order to cause a little bit of a bounce towards the end of the session. Nonetheless, we see quite...

USD/JPY Forecast December 17, 2013, Technical Analysis

by FX Empire | December 17, 2013 8:41 am
The USD/JPY pair pulled back on Monday, but found enough support to pop back above the 103 level and form a nice-looking hammer. This hammer suggests that we are going higher, which is what we believe in...

USD/CAD Forecast December 17, 2013, Technical Analysis

by FX Empire | December 17, 2013 8:39 am
The USD/CAD pair fell during the session on Monday, but as you can see bounced enough to form a hammer that closed just underneath the 1.06 level. We believe that the area that we are currently and...

GBP/USD Forecast December 17, 2013, Technical Analysis

by FX Empire | December 17, 2013 8:37 am
The GBP/USD pair trying to rally during the session on Monday, but as you can see ran into too much resistance of the 1.6350 handle. The resulting resistance pushed the market lower, and formed a shooting star....

EUR/USD Forecast December 17, 2013, Technical Analysis

by FX Empire | December 17, 2013 8:36 am
The EUR/USD pair tried to rally during the session on Monday, but as you can see failed at the 1.38 level yet again. This area has been resistance for some time now, and as a result we...

AUD/USD Forecast December 17, 2013, Technical Analysis

by FX Empire | December 17, 2013 8:34 am
The AUD/USD pair went back and forth during the session on Monday, essentially doing nothing at the end of the day. As we ended the day basically unchanged, this market looks like it’s still comfortable being below...

USD/JPY Forecast December 16, 2013, Technical Analysis

by FX Empire | December 14, 2013 6:09 am
The USD/JPY pair initially tried to rally during the session on Friday, but as you can see pullback to form a shooting star. However, the shooting star is probably just going to be an opportunity to buy...

USD/CAD Forecast December 16, 2013, Technical Analysis

by FX Empire | December 14, 2013 6:07 am
The USD/CAD pair initially tried to rally during the session on Friday, but as you can see pullback in crashed back into the 1.06 handle. This level of course is supportive, and we see support all the...

GBP/USD Forecast December 16, 2013, Technical Analysis

by FX Empire | December 14, 2013 6:05 am
The GBP/USD pair fell during the session on Friday, but as you can see bounced at the 1.6250 level in order to form something along the lines of a hammer for the daily candle. If the top...

EUR/USD Forecast December 16, 2013, Technical Analysis

by FX Empire | December 14, 2013 6:02 am
The EUR/USD pair fell during most of the session on Friday, but as you can see found enough support in the region of the 1.37 level in order to bounce and form a hammer. This hammer suggests...