USD/CAD Forecast November 26, 2013, Technical Analysis

by FX Empire | November 26, 2013 8:09 am
The USD/CAD pair tried to rally during the session on Monday, but as you can see pullback enough to form a shooting star. This shooting star is pretty wicked looking, and as a result we believe that...

GBP/USD Forecast November 26, 2013, Technical Analysis

by FX Empire | November 26, 2013 8:08 am
The GBP/USD pair fell during the session on Monday, after initially gapping higher. This is a pretty bearish sign, and at this point time we realize that this market could possibly pull back further. After all, we...

EUR/USD Forecast November 26, 2013, Technical Analysis

by FX Empire | November 26, 2013 8:07 am
The EUR/USD pair fell during the day on Monday, but as you can see found enough support at the 1.35 level to stay somewhat afloat. Regardless, we feel that this market is probably going to be prone...

AUD/USD Forecast November 26, 2013, Technical Analysis

by FX Empire | November 26, 2013 8:07 am
The AUD/USD pair fell during the bulk of the session on Monday, but as you can see bounced and formed a nice looking hammer. This hammer suggests that the market is going to go higher, and because...

USD/JPY Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 5:03 am
The USD/JPY pair initially fell during the session on Friday, but as you can see bounced off the 101 handle in order to form a nice looking hammer. This hammer signifies of the market is going to...

USD/CAD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 5:02 am
The USD/CAD pair shot higher during the session on Friday, but as you can see the market pulled back and formed a shooting star, which of course is a very bearish sign. At the end of the...

GBP/USD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 5:02 am
The GBP/USD pair rose during the session on Friday, showing that the British pound continues to strengthen overall. In fact, the British pound looks healthy against most other currencies, so we do think that this market will...

EUR/USD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 5:01 am
The EUR/USD pair rose during the session on Friday, and closed above the 1.35 level again. Because of this, look like this market is going to try and breakout to the upside, but we need to see...

AUD/USD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 4:59 am
The AUD/USD pair broke down during the session on Friday, closing at the 0.9165 level. This of course has broken down below the 0.9250 level, an area that we thought was significant support. In fact, the market...

USD/JPY Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:12 am
The USD/JPY pair shot straight up during the session on Thursday, breaking well above the 100.50 level, an area that we thought would offer a bit of resistance. Because of this, we feel that this market will...