USD/CAD Forecast December 2, 2013, Technical Analysis
The USD/CAD pair initially fell during the session on Friday, but as you can see has bounced high enough to break above the 1.06 handle on the daily close for the first time in ages.
Author: FX Empire
GBP/USD Forecast December 2, 2013, Technical Analysis
The GBP/USD pair initially fell during the session on Friday, but as you can see gained enough to form a hammer at the top of the most recent parabolic move in this market that has been very...
EUR/USD Forecast December 2, 2013, Technical Analysis
The EUR/USD pair initially try to go higher during the session on Friday, but as you can see the area above the 1.36 level offered far too much resistance, and the market pullback in order to form...
AUD/USD Forecast December 2, 2013, Technical Analysis
The AUD/USD pair tried to rally during the session on Friday, but as you can see gave back quite a bit of the gains. The real thing to pay attention to is the fact that we did...
USD/JPY Forecast November 29, 2013, Technical Analysis
The USD/JPY pair fell initially during the session on Thursday, but as you can see rallied enough to form a hammer. This hammer of course suggests that there is more buying to come, and a break of...
USD/CAD Forecast November 29, 2013, Technical Analysis
The USD/CAD pair struggled during the session on Thursday, as the 1.06 level offers resistance though. However, you have to keep in mind that with the Thanksgiving holiday in America, the liquidity in this market would have...
GBP/USD Forecast November 29, 2013, Technical Analysis
The GBP/USD pair rallied during the session on Thursday, breaking above the 1.63 handle. This is an area that we said had to be cleared in order for us to become overly bullish of this market, which...
EUR/USD Forecast November 29, 2013, Technical Analysis
The EUR/USD pair rose during the Thursday session as the market finally broke above the 1.36 level with some force. This shows strength as far as we can tell, and as a result we are willing to...
AUD/USD Forecast November 29, 2013, Technical Analysis
The AUD/USD pair tried to rally during the session on Thursday, but as you can see gave up most of the gains. The resulting candle of course is a shooting star, and that is obviously a very...
USD/JPY Forecast November 28, 2013, Technical Analysis
The USD/JPY pair rose during the session on Wednesday, breaking the top of two shooting stars from earlier in the week, which of course is a very positive sign. It is because of this that we feel...