GBP/USD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:57 am
The GBP/USD pair rose during the session on Monday, but as you can see did really gain much. However, the important part of this action was that the 1.60 handle did in fact offer support. Because of...

EUR/USD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:56 am
The EUR/USD pair fell during the session on Monday, finding the 1.35 level rather supportive. However, we would not be surprised at all to see a little bit more of a pullback, perhaps to the 1.34 handle...

AUD/USD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:51 am
The AUD/USD pair rose during the session on Monday, breaking back above the 0.94 handle. Because of this, we feel that this market was primed to bounce even higher, and we believe that the 0.95 level will...

USD/JPY forecast September 23, 2013, Technical Analysis

by FX Empire | September 21, 2013 8:41 am
The USD/JPY pair tried to rally during the Friday session, but pulled bank and formed a shooting star. This shooting star signifies to us that we are about to continue to consolidate, and therefore a little bit...

USD/CAD Forecast September 23, 2013, Technical Analysis

by FX Empire | September 21, 2013 8:40 am
The USD/CAD pair rose during the session on Friday, but still looks very vulnerable to the downside. At this moment time though, we do recognize the fact that the weekly candle is a bit of a hammer,...

GBP/USD Forecast September 23, 2013, Technical Analysis

by FX Empire | September 21, 2013 8:39 am
The GBP/USD pair went back and forth during the session on Friday, essentially printing a neutral candle. This neutral candle of course is sitting on top of the 1.60 handle, so it is possible that this could...

AUD/USD Forecast September 23, 2013, Technical Analysis

by FX Empire | September 21, 2013 8:37 am
The AUD/USD pair fell during the session on Friday, but bounced a little bit in order to form a hammer like candle. Because of this, look like the markets going to try and break back to the...

USD/JPY Forecast September 20, 2013, Technical Analysis

by FX Empire | September 20, 2013 6:45 am
The USD/JPY pair shot straight through the roof during the session on Thursday, going much higher. The 99.50 level did offer a bit of resistance, we think this market has shown that once the go higher, and...

USD/CAD Forecast September 20, 2013, Technical Analysis

by FX Empire | September 20, 2013 6:44 am
The USD/CAD pair fell during the session on Thursday, but found enough support near the 1.0 180 level in order to form a nice looking hammer. This hammer of course Sims the market back higher on a...