USD/CAD Forecast November 28, 2013, Technical Analysis

by FX Empire | November 28, 2013 8:24 am
The USD/CAD pair had a very strong session during the day on Wednesday, and one point in time even managed to challenge the 1.06 handle. This handle still offers a bit of resistance at the end of...

GBP/USD Forecast November 28, 2013, Technical Analysis

by FX Empire | November 28, 2013 8:24 am
The GBP USD pair shot higher during the session on Wednesday, breaking the 1.63 handle finally. However, we could not keep above that level, and as a result it looks like the resistance is still somewhat intact.

EUR/USD Forecast November 28, 2013, Technical Analysis

by FX Empire | November 28, 2013 8:23 am
The EUR/USD pair tried to rally during the session on Wednesday, but as you can see failed to hang onto much of the gains. In fact, we did not close above the 1.36 handle, which is what...

AUD/USD Forecast November 28, 2013, Technical Analysis

by FX Empire | November 28, 2013 8:21 am
The AUD/USD pair fell during the session on Wednesday, breaking down below the previous low set on Tuesday. Because of this, we think that several cell orders have been triggered, and we will head to the 0.90...

USD/JPY Forecast November 27, 2013, Technical Analysis

by FX Empire | November 27, 2013 9:04 am
The USD/JPY pair tried to rally during the session on Tuesday, but as you can see failed to hang onto the gains. The resulting candle is a shooting star for the second day in a row, which...

USD/CAD Forecast November 27, 2013, Technical Analysis

by FX Empire | November 27, 2013 9:03 am
The USD/CAD pair tried to rally during the session on Tuesday as you can see, but gave back about half of the gains to form a candle the looks somewhat like a shooting star. Nonetheless, it appears...

GBP/USD Forecast November 27, 2013, Technical Analysis

by FX Empire | November 27, 2013 9:03 am
The GBP/USD pair initially fell during the session on Tuesday, but as you can see recovered and shot back above the 1.62 handle. This of course is a fairly bullish sign, but wasn’t enough to truly break...

EUR/USD Forecast November 27, 2013, Technical Analysis

by FX Empire | November 27, 2013 9:02 am
The EUR/USD pair rose during the session on Tuesday, solidifying the idea that perhaps we are starting to see enough buying pressure to breakout to the upside. We still need to see the daily close above the...

AUD/USD Forecast November 27, 2013, Technical Analysis

by FX Empire | November 27, 2013 9:01 am
The AUD/USD pair fell during the session on Tuesday, but as you can see the 0.91 level offered a fair amount of support. That being the case though, we feel that any bounce from here will more...

USD/JPY Forecast November 26, 2013, Technical Analysis

by FX Empire | November 26, 2013 8:10 am
The USD/JPY pair broke out to the upside during the session again on Monday, proving just how strong this pair really is. Quite frankly, it does look a bit on the parabolic side though. With that being...