USD/CAD Forecast November 14, 2013, Technical Analysis

by FX Empire | November 14, 2013 6:03 am
The USD/CAD pair fell during the session on Wednesday, proving the 1.05 level to be tough resistance after all. However, we do see quite a bit of support down 1.04, so we feel that this market is...

GBP/USD Forecast November 14, 2013, Technical Analysis

by FX Empire | November 14, 2013 6:02 am
The GBP/USD pair shot straight up during the session on Wednesday, slicing through the 1.60 handle again. This is without a doubt a buy signal as far as we can tell, and short-term pullbacks will be used...

EUR/USD Forecast November 14, 2013, Technical Analysis

by FX Empire | November 14, 2013 6:01 am
The EUR/USD pair initially fell during the session on Wednesday, but as you can see bounced high enough in order to form a hammer that is pressing against the 1.35 level. This is interesting because we expect...

AUD/USD Forecast November 14, 2013, Technical Analysis

by FX Empire | November 14, 2013 6:01 am
The AUD/USD pair rose during the session on Wednesday, bouncing off of the significant support area in the region of 0.93. As you can see on the chart, we actually have the line drawn that the 0.9250...

USD/JPY Forecast November 12, 2013, Technical Analysis

by FX Empire | November 12, 2013 5:34 am
The USD/JPY pair fell during the session on Monday, but as you can see bounced enough to form a hammer. This hammer of course suggests that we are going to go higher, but at this moment in...

USD/CAD Forecast November 12, 2013, Technical Analysis

by FX Empire | November 12, 2013 5:33 am
The USD/CAD pair did almost nothing during the session on Monday, pulling back just slightly but in the end essentially deciding nothing. The 1.05 level just above is resistance, and if we can get above that level,...

GBP/USD Forecast November 12, 2013, Technical Analysis

by FX Empire | November 12, 2013 5:32 am
The GBP/USD pair fell slightly during the session on Monday, staying just below the 1.60 handle. This area is the epicenter of the larger consolidation range, and as a result we think that this market will probably...

EUR/USD Forecast November 12, 2013, Technical Analysis

by FX Empire | November 12, 2013 5:31 am
The EUR/USD pair rose during the session on Monday, breaking back above the 1.34 handle at one point in time. In fact, the market looks like it’s ready to try and attempt to reach the 1.35 handle...

AUD/USD Forecast November 12, 2013, Technical Analysis

by FX Empire | November 12, 2013 5:31 am
The AUD/USD pair went back and forth during the session on Monday, hovering above the 0.9350 level. We still see the 0.93 level as supportive, and as long as we are above that, we are not comfortable...

USD/CAD Forecast November 11, 2013, Technical Analysis

by FX Empire | November 9, 2013 7:02 am
The USD/CAD pair rose during the session on Friday as the jobs number came out better than anticipated, but as you can see we gave back enough of the gains that we get back below the 1.05...