GBP/USD Forecast September 13, 2013, Technical Analysis

by FX Empire | September 13, 2013 8:12 am
The GBP/USD pair fell during the session on Thursday, but bounced hard enough off the 1.5750 level in order to form a hammer. This hammer tells us that this market wants to go higher, and as a...

EUR/USD Forecast September 13, 2013, Technical Analysis

by FX Empire | September 13, 2013 8:11 am
The EUR/USD pair fell during the session on Thursday, but as you can see found enough support at the 1.3250 level in order to bounce and form a hammer. This just solidifies our opinion that this market...

AUD/USD Forecast September 13, 2013, Technical Analysis

by FX Empire | September 13, 2013 8:10 am
The AUD/USD pair fell hard during the session on Thursday, but found enough support to keep from falling too far. We look at this market has been a bit on the bearish side, for the short term,...

USD/JPY Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:12 am
The USD/JPY pair fell during the session on Wednesday, in a generally dollar negative tone. However, we are still well within the vicinity that we have seen recently act as a magnet for price, and as a...

USD/CAD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:12 am
The USD/CAD pair fell during the session on Wednesday as you can see, but remains above the 1.03 level. It is because of this that we aren’t quite ready to start selling yet, and as a result...

GBP/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:11 am
The GBP/USD pair broke out above the 1.5750 level on Wednesday, an area that we suspected was going to be very resistive. With that being the case, we feel this market will continue towards the 1.6 handle...

EUR/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:10 am
The EUR/USD pair rose during the session on Wednesday, reaching to the 1.33 level as you can see. We continue to think that this market is bullish, and as a result we think the market will go...

AUD/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:09 am
The AUD/USD pair broke out to the upside during the session on Wednesday, clearing the 0.93 handle. That being the case, we feel that this market will continue to go higher, and head towards the next major...

USD/JPY Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:53 am
The USD/JPY pair rose during the session on Tuesday, breaking above the 100 handle. This is a nice little breakout, and suggests that the market is going much higher. Because of this, we bought during the session,...

USD/CAD Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:52 am
The USD/CAD pair fell during the session on Tuesday, but as you can see bounced enough to form a hammer. This hammer is right about where we expect to see support, right at the 1.03 handle.