EUR USD Forecast February 3, 2015, Technical Analysis

by FX Empire | February 3, 2015 11:15 am
The EUR/USD pair did very little during the session on Monday, but continues to essentially grind its way sideways, as the market has no idea what to do at this point. The 1.14 level continues to be...

EURNZD Countertrend Setup (Feb 3, 2015)

by Kate Curtis | February 3, 2015 4:30 am
EURNZD is forming a rising channel on its 1-hour time frame but seems prime for a countertrend play, as price is testing the range resistance. The pair has consolidated around the 1.5550-1.5600 psychological levels and may be...

EURJPY Short-Term Range (Feb 2, 2015)

by Kate Curtis | February 2, 2015 5:02 am
EURJPY has been trading sideways on its 1-hour time frame, creating a range between support at 132.50 and resistance at 134.00. Price has just bounced off support at the bottom of the range and may be due...

USD/JPY Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:52 pm
The USD/JPY pair broke down during the session on Friday but remains within the consolidation of area that we have been in for some time now. Because of this, we have no interest in trading this pair,...

USD/CAD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:51 pm
The USD/CAD pair broke higher during the course of the session on Friday, but turned back around and give up about half of the gains. Ultimately, the market ended up forming a shooting star, which of course...

GBP/USD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:51 pm
The GBP/USD pair fell during the beginning of the session on Friday, bouncing off of the 1.50 level. That being the case, we bounced enough to form a hammer, and it now looks as if we are...

EUR/USD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:50 pm
The EUR/USD pair did very little during the session on Friday, as we continued to grind sideways as we have seen over the last several sessions. That being the case, it looks like the market is ready...

AUD/USD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:50 pm
The AUD/USD pair initially fell during the day on Friday, but found a bit of support to turn things back around and form a hammer. This hammer is not reason to start buying now, but rather suggests...

USD/JPY Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:58 am
The USD/JPY pair initially fell during the course of the session on Thursday, but found support below again to continue to consolidate in the same general vicinity that we have been in for the last two weeks....

USD/CAD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:57 am
The USD/CAD pair broke higher during the course of the session on Thursday, cleanly breaking well above the 1.25 handle. With the oil markets looking is soft as they do, the Bank of Canada surprising the market...