EUR/USD Forecast April 25, 2014, Technical Analysis

by FX Empire | April 25, 2014 6:02 am
The EUR/USD pair went back and forth during the session on Thursday, ultimately settling on a slightly positive candle. At this moment time, it appears that the market is simply going to go sideways, and therefore we...

AUD/USD Forecast April 25, 2014, Technical Analysis

by FX Empire | April 25, 2014 6:01 am
The AUD/USD pair fell during the session on Thursday, but found support at the all-important 0.9250 level again. We believe that this market will continue to find support in this range, and down to the 0.92 handle....

USD/JPY Forecast April 24, 2014, Technical Analysis

by FX Empire | April 24, 2014 8:11 am
The USD/JPY pair fell during the bulk of the session on Wednesday, but found enough support below the 102.50 level to push the market higher, and form a hammer. This hammer of course is very supportive looking,...

USD/CAD Forecast April 24, 2014, Technical Analysis

by FX Empire | April 24, 2014 8:10 am
The USD/CAD pair tried to rally during the session on Wednesday, but as you can see fell a little bit flat. We are in a consolidation area, so it doesn’t surprise us that the market struggles a...

GBP/USD Forecast April 24, 2014, Technical Analysis

by FX Empire | April 24, 2014 8:09 am
The GBP/USD pair fell during the session on Wednesday, breaking down below the 1.68 level during the day. However, the market still has plenty of support below, and as a result we feel that buying the British...

EUR/USD Forecast April 24, 2014, Technical Analysis

by FX Empire | April 24, 2014 8:08 am
The EUR/USD pair tried to rally during the session on Wednesday, but failed to hang onto most of the gains. Because of this, we formed a massive shooting star, which suggests that we are going to fall...

AUD/USD Forecast April 24, 2014, Technical Analysis

by FX Empire | April 24, 2014 8:08 am
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.9250 level. That area is significant enough for us to start buying on a supportive candle, and as a result we...

AUD/USD Rising Trend Line Bounce (April 24, 2014)

by Kate Curtis | April 24, 2014 8:04 am
AUD/USD has sold off because of the weak Australian CPI reading but this might merely spark a large correction for the pair’s ongoing uptrend. On the 4-hour time frame, a rising trend line can be drawn to...

USDCAD Daily Analysis – April 24, 2014

by ForexCycle.com | April 24, 2014 12:52 am
USDCAD remains in uptrend from 1.0857 and the rise extended to as high as 1.1053. Support is now at 1.1000, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDCHF Daily Analysis – April 24, 2014

by ForexCycle.com | April 24, 2014 12:52 am
After touching the upward trend line on 4-hour chart, USDCHF rebounded from 0.8807, indicating that the pair remains in uptrend from 0.8743. Further rise would likely be seen, and the target would be at 0.8900 area. Key...