GBP/USD Forecast August 5, 2013, Technical Analysis

by FX Empire | August 3, 2013 8:11 am
The GBP/USD pair rose during the session on Friday, smashing through the 1.5250 level. The matter fact, this pair now looks very healthy and it appears that we are going to go higher.

AUD/USD Forecast August 5, 2013, Technical Analysis

by FX Empire | August 3, 2013 8:09 am
The AUD/USD pair had a negative session on Friday again, as we meander below the 0.90 handle. Below there, we feel that this market will continue to weaken, and eventually we will at the 0.85 handle and...

USD/JPY Forecast August 2, 2013, Technical Analysis

by FX Empire | August 2, 2013 8:14 am
The USD/JPY pair rose during the session on Thursday, bouncing off of the 98 handle in order to shoot straight up in the air. This is a move that we have been waiting on, but now we...

USD/CAD Forecast August 2, 2013, Technical Analysis

by FX Empire | August 2, 2013 8:13 am
The USD/CAD pair rose during the session on Thursday, breaking the top of the range from the Wednesday candle. With that being said, it appears this market is going to try and make a run towards the...

GBP/USD Forecast August 2, 2013, Technical Analysis

by FX Empire | August 2, 2013 8:13 am
The GBP/USD pair fell during the session after initially trying to break back above the 1.5250 resistance level. Because of this, it feels like this market is going to start heading back down towards the 1.50 handle,...

EUR/USD Forecast August 2, 2013, Technical Analysis

by FX Empire | August 2, 2013 8:12 am
The EUR/USD pair fell during the session on Thursday, breaking below the range for the Wednesday candle, and signifying that this pair was in fact going to respect the downtrend line that had formed on the weekly...

AUD/USD Forecast August 2, 2013, Technical Analysis

by FX Empire | August 2, 2013 8:11 am
The AUD/USD pair went back and forth during the session on Thursday, printing a relatively neutral candle, it does look a bit like a shooting star though, and as a result we think this market should continue...

USD/JPY Forecast August 1, 2013, Technical Analysis

by FX Empire | August 1, 2013 5:42 am
The USD/JPY pair went back and forth during the session on Wednesday, essentially hugging the 98 handle. That being the case, the markets look like they’re still trying to decide what to do with this pair, so...

USD/CAD Forecast August 1, 2013, Technical Analysis

by FX Empire | August 1, 2013 5:41 am
The USD/CAD pair went back and forth during the session on Wednesday, essentially forming a relatively benign negative candle. In the end, you can see that we just got thrown around during the day and eventually didn’t...