GBP/USD Forecast September 26, 2013, Technical Analysis

by FX Empire | September 26, 2013 5:22 am
The GBP/USD pair rose during the session on Wednesday, bouncing off the 1.60 handle, proving it to be very supportive. This is the break of a hammer from the previous day that we have been waiting for...

EUR/USD Forecast September 26, 2013, Technical Analysis

by FX Empire | September 26, 2013 5:21 am
The EUR/USD pair rose during the session on Monday, breaking back above the 1.35 handle. This market looks bullish, we still need to get above the shooting star from last week in order to feel comfortable going...

AUD/USD Forecast September 26, 2013, Technical Analysis

by FX Empire | September 26, 2013 5:20 am
The AUD/USD pair fell during the session on Wednesday, breaking down to the 0.9350 handle. However, we got enough of a bounce in order to form a hammer, and it does look like the market is ready...

USD/JPY Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:09 am
The USD/JPY pair went back and forth during the session on Tuesday, essentially going nowhere in the end. The resulting candle is a shooting star, and of course it suggests that we are going lower, but in...

USD/CAD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:08 am
The USD/CAD pair fell initially during the session on Tuesday, but as you can see bounced enough to form a fairly supportive of green candle. The 1.03 level has offered enough support to produce this candle, and...

GBP/USD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:07 am
The GBP/USD pair fell during the majority of the session on Tuesday, breaking below the 1.60 handle. This area is a significantly large round number, so of course there was a certain amount of interest in it...

EUR/USD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:06 am
The EUR/USD pair initially tried to rally during the session on Tuesday, but as you can see was be back in ended up falling down to the 1.3470 handle. The shape of the candle is a shooting...

AUD/USD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:05 am
The AUD/USD pair fell during the session on Tuesday, showing the 0.94 level as far too resistive. That being the case, it appears the market is going to pull back slightly from here, but we do expect...

USD/JPY Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:59 am
The USD/JPY pair fell during the session on Monday, showing signs of weakness yet again. However, we look at this market as one that’s essentially consolidating, and because of that we do not fear any type of...

USD/CAD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:58 am
The USD/CAD pair fell slightly during the session on Monday, looking very much like a pair that wants to continue to consolidate in this general vicinity. We feel that there is a significant amount of support somewhere...