GBP/USD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:08 am
The GBP/USD pair had an interesting session on Friday, as it had initially sold off drastically, but as you can see bounced hard enough to close just below the 1.65 level. The resulting candle is a massive...

EUR/USD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:07 am
The EUR/USD pair fell initially during the session on Friday, but as the jobs number out of America came in very light, the market shot in the Euros favor. That being the case, the market clear the...

AUD/USD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:06 am
The AUD/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers cannot weaker than anticipated. Because of this, the market seems to be suggesting that the Federal Reserve will be tapering anytime...

AUD/USD: NFP Straddle Setup (January 10, 2014)

by Kate Curtis | January 10, 2014 10:16 am
AUD/USD is testing a major support level, as seen on its daily time frame. The pair has previously bounced off the .8850 to .8900 area in the past but has formed a bearish flag right on that...

USD/JPY Forecast January 10, 2014, Technical Analysis

by FX Empire | January 10, 2014 7:43 am
USD/JPY went back and forth on Thursday, essentially hovering below the 105 handle. This is not much of a surprise as the nonfarm payroll numbers come out later today, which of course greatly influences this pair of...

USD/CAD Forecast January 10, 2014, Technical Analysis

by FX Empire | January 10, 2014 7:42 am
The USD/CAD pair rose during the session on Thursday, but as you can see struggle that once we get close to the 1.09 handle. The resulting candle is a shooting star, which of course is a very...

GBP/USD Forecast January 10, 2014, Technical Analysis

by FX Empire | January 10, 2014 7:41 am
The GBP/USD pair rose during the session on Thursday, but found the 1.65 level resistive yet again. Because of this, the market pulled back slightly but still looks like it is going to struggle to get above...

EUR/USD Forecast January 10, 2014, Technical Analysis

by FX Empire | January 10, 2014 7:40 am
The EUR/USD pair rose during the session on Thursday, slamming into the 1.36 level. This market shows that the 1.3550 level has supportive again, and as a result I believe that this market is going to grind...

AUD/USD Forecast January 10, 2014, Technical Analysis

by FX Empire | January 10, 2014 7:39 am
The AUD/USD pair fell during the bulk of the session on Thursday, but as you can see found the 0.89 level supportive enough to form a hammer. It is this pair that could be greatly influenced by...

USDCAD Daily Analysis – January 10, 2014

by ForexCycle.com | January 10, 2014 2:28 am
USDCAD continued its upward movement from 1.0588, and the rise extended to as high as 1.0874. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is now at...