GBP/USD Forecast November 1, 2013, Technical Analysis

by FX Empire | November 1, 2013 7:41 am
The GBP/USD pair went back and forth during the session on Thursday, but as you can see we still see the 1.60 level as being supportive. The support area does offer a potential buying area, but we...

EUR/USD Forecast November 1, 2013, Technical Analysis

by FX Empire | November 1, 2013 7:40 am
The EUR/USD pair fell hard during the session on Thursday, breaking below the 1.36 handle. The candle closedat the very bottom of the range, but it the end of the day we still believe there is a...

AUD/USD Forecast November 1, 2013, Technical Analysis

by FX Empire | November 1, 2013 7:39 am
The AUD/USD pair rose above the 0.95 handle during the session on Thursday, but as you can see found enough resistance above that large figure in order to push the market back down and form a shooting...

USD/CAD Forecast October 31, 2013, Technical Analysis

by FX Empire | October 31, 2013 10:04 am
The USD/CAD pair went back and forth during the session on Wednesday, eventually settling on a fairly neutral candle. The range was somewhat wide, but the body of the candle suggests there is no real conviction at...

USD/JPY Forecast October 31, 2013, Technical Analysis

by FX Empire | October 31, 2013 10:04 am
The USD/JPY pair rose during the session on Wednesday, continuing the move higher from the last few sessions. The pair should continue to be influenced by the headlines coming out of the Federal Reserve, as well as...

GBP/USD Forecast October 31, 2013, Technical Analysis

by FX Empire | October 31, 2013 10:03 am
The GBP/USD pair fell during the session on Wednesday, slamming into the 1.60 handle again. The area has been supportive time and time again, and as a result we have seen a bounce yet again.

EUR/USD Forecast October 31, 2013, Technical Analysis

by FX Empire | October 31, 2013 10:01 am
The EUR/USD pair went back and forth on Wednesday as the markets still continue to look relatively confused. This is mainly because we don’t know when the Federal Reserve is likely to taper off of quantitative easing,...

AUD/USD Forecast October 31, Technical Analysis

by FX Empire | October 31, 2013 10:00 am
The AUD/USD pair went back and forth on Wednesday, closing below the 0.95 level. The market is well supported below this area, and the buyers should step into the markets and start going higher.

USD/JPY Forecast October 30, 2013, Technical Analysis

by FX Empire | October 30, 2013 2:36 am
The USD/JPY pair rose during the session on Tuesday, showing that the market continues to have a little bit of a bid in it at lower levels. The question of course then becomes whether or not the...

USD/CAD Forecast October 30, 2013, Technical Analysis

by FX Empire | October 30, 2013 2:35 am
The USD/CAD pair initially fell during the session on Tuesday, but bounced enough to form a positive candle, and broke to a fresh new high. Because of this, we do believe that this pair is going to...