EUR/USD Forecast July 22, 2013, Technical Analysis

by FX Empire | July 20, 2013 5:32 am
The EUR/USD pair had a slightly positive session on Friday, as we got above the 1.31 handle again. What’s been interesting about this pair is that there have been so many hammers form lately, one would think...

AUD/USD Forecast July 22, 2013, Technical Analysis

by FX Empire | July 20, 2013 5:31 am
The AUD/USD pair went back and forth on Friday, and as you can see close slightly positive for the day. Nonetheless, we are still well underneath the resistance that needs to be overcome in order to even...

USD/JPY Forecast July 18, 2013, Technical Analysis

by FX Empire | July 18, 2013 6:49 am
The USD/JPY pair rose during the session on Wednesday, but failed to break above the 100 level yet again. This area has offered quite a bit of resistance lately, although we think that it will more than...

USD/CAD Forecast July 18, 2013, Technical Analysis

by FX Empire | July 18, 2013 6:48 am
The USD/CAD pair went back and forth during the session on Wednesday, as we continue to grind away near the 1.04 handle. This area has been both support and resistance previously, and it now looks like this...

EUR/USD Forecast July 18, 2013, Technical Analysis

by FX Empire | July 18, 2013 6:47 am
The EUR/USD pair fell during the session on Wednesday, but did bounce a little bit just below the 1.31 handle in order to form something along the lines of a hammer. This suggests to us that we...

AUD/USD Forecast July 18, 2013, Technical Analysis

by FX Empire | July 18, 2013 6:46 am
The AUD/USD pair went back and forth during the session on Wednesday, but as you can see essentially went nowhere. We are just underneath significant resistance, so we are willing to sell on a break of the...

USD/JPY Forecast July 17, 2013, Technical Analysis

by FX Empire | July 17, 2013 5:08 am
The USD/JPY pair fell hard during the session on Tuesday, reaffirming the resistance at the 100 handle. However, this market is still a “buy only” market, simply because of the Bank of Japan and its anti-yen policies.

USD/CAD Forecast July 17, 2013, Technical Analysis

by FX Empire | July 17, 2013 5:05 am
The USD/CAD pair fell during the session on Tuesday, slicing through the 1.04 handle again. That suggests to us that we are simply going to consolidate in this general vicinity for the short term, and as a...

GBP/USD Forecast July 17, 2013, Technical Analysis

by FX Empire | July 17, 2013 5:04 am
The GBP/USD pair fell initially during the session on Tuesday, but as you can see bounced enough to form a green hammer by the end of the day. We think that this market is going to the...