GBP/USD Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:11 am
The GBP/USD pair attempted to rally during the session on Tuesday, but as you can see had formed a shooting star at the 1.62 handle as resistance be  too strong for the buyers seemed too strong for...

EUR/USD Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:10 am
The EUR/USD pair tried to rally during the session on Tuesday, but as you can see gave up all of the gains in order to form a wicked shooting star that signals we aren’t quite ready to...

AUD/USD Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:09 am
The AUD/USD pair rose during the session on Tuesday, fulfilling the idea that a break of the shooting star from the Monday session would be a very positive sign. We believe that the market is now heading...

USD/JPY Forecast October 1, 2013, Technical Analysis

by FX Empire | October 1, 2013 6:25 am
The USD/JPY pair fell initially on a gap lower at the open on Monday, but as you can see filled that gap during the rest of the day. That being the case, the campus now filled and...

USD/CAD Forecast October 1, 2013, Technical Analysis

by FX Empire | October 1, 2013 6:24 am
The USD/CAD pair fell during the session on Monday, but found enough support near the 1.0270 handle in order to bounce and form a nice looking hammer. This hammer is essentially focused on the 1.03 area, and...

GBP/USD Forecast October 1, 2013, Technical Analysis

by FX Empire | October 1, 2013 6:23 am
The GBP/USD pair initially fell during the session on Monday, but as you can see found enough support to bounce and form a relatively nice looking hammer. This hammer of course suggests that we are going higher,...

EUR/USD Forecast October 1, 2013, Technical Analysis

by FX Empire | October 1, 2013 6:23 am
The EUR/USD pair tried to rally during the session on Monday, but as you can see did not hang onto most of the gains the 1.35 level continues to be a magnet for this pair, and as...

AUD/USD Forecast October 1, 2013, Technical Analysis

by FX Empire | October 1, 2013 6:22 am
The AUD/USD pair rose during the session on Monday, but fell backwards as the buyers lost control. The resulting candle is a shooting star, which is of course a very bearish sign. That being the case we...

USD/JPY Forecast September 30, 2013, Technical Analysis

by FX Empire | September 28, 2013 10:43 am
The USD/JPY pair fell during the balance of the Friday session, but as you can see we remain well within consolidation that we’ve been in for some time. That being the case, we feel that this market...

USD/CAD Forecast September 30, 2013, Technical Analysis

by FX Empire | September 28, 2013 10:42 am
The USD/CAD pair attempted to rally during the session on Friday, but as you can see failed and formed a shooting star. The shooting star is indicative of a market that’s confused considering that we had formed...