GBP/USD Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:51 am
The GBP/USD pair slammed into the 1.5750 level during the session on Tuesday, proving that area to be resistive still. With that being said, we await to see whether or not this market can breakout above the...

EUR/USD Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:42 am
The EUR/USD pair fell initially during the session on Tuesday, but as you can see found enough support to bounce and form a hammer for the day. This hammer of course is a very bullish sign, and...

AUD/USD Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:40 am
The AUD/USD pair rose during the session on Tuesday, as we managed to slam into the 0.93 handle. This level is the top of a larger consolidation box, so we are deftly watching this candle with great...

USD/JPY Forecast September 10, 2013, Technical Analysis

by FX Empire | September 10, 2013 8:04 am
The USD/JPY pair fell during the session on Monday, but as you can see bounced a bit towards the end of the day. In the end, we form something along the lines of a hammer, but we...

USD/CAD Forecast September 10, 2013, Technical Analysis

by FX Empire | September 10, 2013 8:03 am
The USD/CAD pair fell during the session on Monday, breaking through the 1.04 handle. The market looks like it is trying to dig into the support area below, but that being the case we feel that waiting...

GBP/USD Forecast September 10, 2013, Technical Analysis

by FX Empire | September 10, 2013 8:02 am
The GBP/USD pair rose during the session on Monday, but found the 1.5750 level to be far too resistive as one would expect. The resulting candle is pretty positive, but we think that the market is still...

EUR/USD Forecast September 10, 2013, Technical Analysis

by FX Empire | September 10, 2013 8:01 am
The EUR/USD pair rose during the session on Monday, breaking above the 1.32 handle again. This means that we are reentering the consolidation area that we had spent so much time and, because of that we feel...

AUD/USD Forecast September 10, 2013, Technical Analysis

by FX Empire | September 10, 2013 8:00 am
The AUD/USD pair did very little during the session on Monday as we continued to hang around the 0.9250 level. However, we do not have any interest in going long of this market until we clear the...

USD/JPY Forecast September 9, 2013, Technical Analysis

by FX Empire | September 7, 2013 6:21 am
The USD/JPY pair fell hard during the session on Friday, as the nonfarm payroll number came out lighter than expected. However, the 99 handle did offer support, and we believe that the real action will be had...

USD/CAD Forecast September 9, 2013, Technical Analysis

by FX Empire | September 7, 2013 6:20 am
The USD/CAD pair got hit very hard during the session on Friday as the nonfarm payroll numbers came out weaker than anticipated. On top of that, Canadian employment numbers came out stronger than anticipated, so this of...