USD/JPY Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:45 am
The USD/JPY pair fell drastically during the session on Friday as the market close below the 95 handle. However, we did not break the bottom of the hammer, and presently sit on top of the 38.2 Fibonacci...

USD/CAD Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:44 am
The USD/CAD pair went back and forth on Friday, essentially closing the day unchanged. The resulting candle was a neutral candle, perhaps leaning a little bit more towards a hammer, but in reality we do not like...

GBP/USD Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:43 am
The GBP/USD pair fell during the session on Friday, but had enough buyers come in late during the session in order to push the market much higher. In the end, the market formed a beautiful hammer, which...

EUR/USD Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:42 am
The EUR/USD pair fell during the session on Friday, but as you can see found support at the 1.33 level again, and bounced yet again to form the third hammer in a row. We are approaching the...

AUD/USD Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:41 am
The AUD/USD pair tried to rally during the session on Friday, but as you can see it gave back the gains in order to form a shooting star. This pair has been extraordinarily weak for quite some...

USD/JPY Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:07 am
The USD/JPY pair fell during the session again on Thursday, but as you can see found enough support in the region of the 95 handle in order to pop back over it.

USD/CAD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:07 am
The USD/CAD pair fell during the session on Thursday, breaking below the 1.0150 handle at one point. That being said, it appears that the market is trying to weaken a bit, and if we can manage to...

GBP/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:06 am
The GBP/USD pair fell initially during the session on Thursday, but found enough support at the 1.5650 level in order to bounce back higher and a break above the 1.57 level. This market still looks like it...

EUR/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:05 am
The EUR/USD pair fell during the session on Thursday, and even managed to get below the 1.33 handle. However, we got a bit of a bounce and as a result formed a hammer.

AUD/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:03 am
The AUD/USD pair initially fell during the early hours of the Thursday session, but turned around and close well above the 0.96 handle. That being the case, this market looks like it’s trying to form a pretty...