GBP/USD Forecast August 29, 2013, Technical Analysis

by FX Empire | August 29, 2013 4:59 am
The GBP/USD pair fell during the session on Wednesday, breaking well below the 1.55 handle during the day. However, you can see that the markets did in fact find enough support to bounce back over that level,...

EUR/USD Forecast August 29, 2013, Technical Analysis

by FX Empire | August 29, 2013 4:58 am
The EUR/USD pair fell during the session on Wednesday, but as you can see really didn’t go far in the end. We simply seem to be going sideways overall at the moment, and this makes sense considering...

AUD/USD Forecast August 29, 2013, Technical Analysis

by FX Empire | August 29, 2013 4:57 am
The AUD/USD pair fell during the session on Wednesday, but as you can see bounced enough in order to form a hammer. This hammer to us suggests that we are going to see more continuation of sideways...

USD/JPY Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:50 am
The USD/JPY pair fell hard during the session on Tuesday, slamming through the radiator handle, and parking right at the 97 handle. However, we think that there is a significant amount of support below, so with that...

USD/CAD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:49 am
The USD/CAD pair tried to rally during the session on Tuesday, but as you can see failed and formed a shooting star for the third session in a row. However, we do not like shorting this pair,...

GBP/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:48 am
The GBP/USD pair fell during the session on Tuesday, slicing through the 1.55 handle at one point during the day. However, as you can see we bounced enough from that area in order to form a hammer,...

EUR/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:47 am
The EUR/USD pair fell during a majority of the session on Tuesday, but as you can see found enough support below in order to form a hammer. This market continues to find buyers every time it dips,...

AUD/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:46 am
The AUD/USD pair fell during the session on Tuesday, but as you can see got a little bit of a bounce off of the 0.8950 handle. The resulting bounce formed a hammer, which of course formed right...

USD/JPY Forecast August 27, 2013, Technical Analysis

by FX Empire | August 27, 2013 7:45 am
The USD/JPY a pair tried to fall during the session on Monday, but as you can see bounced slightly to close around the 98.50 level. This area of course has been supportive in the past, and therefore...