USD/CAD Forecast November 18, 2013, Technical Analysis

by FX Empire | November 16, 2013 7:00 am
The USD/CAD pair rose during the session on Friday, but as you can see stays well within the consolidation area that we have been in over the last several sessions. That being the case, we feel that...

GBP/USD Forecast November 18, 2013, Technical Analysis

by FX Empire | November 16, 2013 7:00 am
The GBP/USD pair rose during the session on Friday, closing above the 1.61 handle. This of course is a bullish sign, and as a result we are willing to buy this pair now. We think that the...

EUR/USD Forecast November 18, 2013, Technical Analysis

by FX Empire | November 16, 2013 6:59 am
The EUR/USD pair rose during the session on Friday, slamming into the 1.35 handle yet again. This level should offer a significant amount resistance though, and we also can make an argument for the fact that consolidation...

AUD/USD Forecast November 18, 2013, Technical Analysis

by FX Empire | November 16, 2013 6:58 am
The AUD/USD pair rose during the session on Friday, but remains within the consolidation area we’ve seen over the last couple of sessions, as a result this market simply looks like its content to go back and...

USD/JPY Forecast November 15, 2013, Technical Analysis

by FX Empire | November 15, 2013 4:24 am
The USD/JPY pair rose during the session on Thursday, slicing all the way up to the 100 handle. That being the case, we feel that the market moving above 100 is a buy signal, and as a...

USD/CAD Forecast November 15, 2013, Technical Analysis

by FX Empire | November 15, 2013 4:23 am
The USD/CAD pair shot higher during the session on Thursday, initially breaking above the 1.05 level. However, you can see that the market pulled back in order to close below that level and form a shooting star,...

GBP/USD Forecast November 15, 2013, Technical Analysis

by FX Empire | November 15, 2013 4:22 am
The GBP/USD pair went back and forth during the session on Thursday, showing support at the 1.60 level as support. That being the case, this market does look like it wants to go higher, but we need...

EUR/USD Forecast November 15, 2013, Technical Analysis

by FX Empire | November 15, 2013 4:22 am
The EUR/USD pair fell during the session on Thursday, but found enough support in order to bounce and form a hammer. This hammer looks like it’s a market try to breakout above the 1.35 handle, but we...

AUD/USD Forecast November 15, 2013, Technical Analysis

by FX Empire | November 15, 2013 4:21 am
The AUD/USD pair fell during the session on Thursday, but bounced enough above the 0.93 level in order to form a little bit of a hammer. That being the case, we think this market could go higher,...

USD/JPY Forecast November 14, 2013, Technical Analysis

by FX Empire | November 14, 2013 6:04 am
The USD/JPY pair fell during the session on Wednesday, but as you can see remains above the 99 handle, an area that should offer significant support. Because of this, we are looking for some type of supportive...