EUR/USD Forecast July 17, 2013, Technical Analysis

by FX Empire | July 17, 2013 5:03 am
The EUR/USD pair rose during the session on Tuesday, breaking the top of all three of the previous hammers that had been printed on the daily chart. We had suggested that the 1.30 level is going to...

AUD/USD Forecast July 17, 2013, Technical Analysis

by FX Empire | July 17, 2013 5:02 am
The AUD/USD pair rose during the session on Tuesday, launching from the supportive candle that we had formed on Monday. However, you can see that we are approaching the top of the recent consolidation area, and beyond...

USD/JPY Forecast July 16, 2013, Technical Analysis

by FX Empire | July 16, 2013 4:50 am
The USD/JPY pair rose during the session on Monday, but as you can see the 100 level has offered far too much resistance for the market to overcome. However, we are not about to start selling this...

USD/CAD Forecast July 16, 2013, Technical Analysis

by FX Empire | July 16, 2013 4:49 am
The USD/CAD pair rose during the session on Monday, breaking above the 1.04 level. However, we did not break the top of the candle from Thursday that we had suggested was a signal.

GBP/USD Forecast July 16, 2013, Technical Analysis

by FX Empire | July 16, 2013 4:48 am
The market pulled back during the session on Monday, but as you can see the GBP/USD pair found enough support at the 1.50 handle in order to bounce and form a hammer. The hammer as you can...

EUR/USD Forecast July 16, 2013, Technical Analysis

by FX Empire | July 16, 2013 4:47 am
The EUR/USD pair fell during the session on Monday, but as you can see the 1.30 level offered enough support to make the market bounce and form a hammer. This hammer looks very supportive, just as the...

AUD/USD Forecast July 16, 2013, Technical Analysis

by FX Empire | July 16, 2013 4:46 am
The AUD/USD pair fell initially during the session on Monday, but as you can see the 0.90 handle has offered enough support to keep the market somewhat buoyant.

USD/JPY Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:38 am
The USD/JPY pair had a slightly positive session on Friday, but as you can see we couldn’t get to the 100 handle. Because of this, we think that this market is going to simply grind sideways for...

USD/CAD Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:37 am
The USD/CAD pair had a slightly positive session on Friday, but remains below the 1.04 handle. We had initially been very bullish of this pair, but have to admit that the reason falling of the pair has...

GBP/USD Forecast July 15, 2013, Technical Analysis

by FX Empire | July 13, 2013 5:36 am
The GBP/USD pair fell during the session on Friday, pulling back some of the bullishness that we had seen over the last two sessions. However, the 1.51 handle isn’t significant enough to have us looking to buy...