GBP/USD Forecast November 4, 2014, Technical Analysis

by FX Empire | November 4, 2014 7:45 am
The GBP/USD pair tried to break higher during the course of the day on Monday, but as you can see the 1.60 level has offered enough resistance to turn the market back around and form a shooting...

EUR/USD Forecast November 4, 2014, Technical Analysis

by FX Empire | November 4, 2014 7:44 am
The EUR/USD pair did very little during the session on Monday, as we continue to hang about the 1.25 level. That being the case, the market looks as if it is trying to decide whether or not...

AUD/USD Forecast November 4, 2014, Technical Analysis

by FX Empire | November 4, 2014 7:43 am
The AUD/USD pair continues to show significant weakness as we gapped lower at the open. With that being the case, the session on Monday certainly looks like a continuation of the downtrend in this marketplace. We believe...

NZDUSD Area of Interest at .7800 (Nov 4, 2014)

by Kate Curtis | November 4, 2014 5:31 am
NZDUSD Area of Interest at .7800 (Nov 4, 2014) NZDUSD could be in for a correction after breaking below the support zone at the .7800 major psychological level. The pair has dipped to the .7700 area and...

EURUSD Testing Record Lows (Nov 3, 2014)

by Kate Curtis | November 3, 2014 6:13 am
EURUSD seems to be gearing up to make new lows, as price is testing the previous ones near the 1.2500 major psychological level. A break below this area could signify that further losses are in the cards...

USD/JPY Forecast November 3, 2014, Technical Analysis

by FX Empire | November 1, 2014 8:59 am
The USD/JPY pair broke out during the session on Friday, clearing the 110 level in the process. That being the case, it appears of the market is ready to go much higher, and probably head to the...

USD/CAD Forecast November 3, 2014, Technical Analysis

by FX Empire | November 1, 2014 8:59 am
The USD/CAD pair broke higher during the course of the day on Friday, but as you can see gave back about half of the gains. With that being the case, we feel that the market should continue...

GBP/USD Forecast November 3, 2014, Technical Analysis

by FX Empire | November 1, 2014 8:57 am
The GBP/USD pair went back and forth during the course of the session on Friday, hanging about the 1.60 handle. The resulting candle is a hammer, and as a result if we break above the top of...

EUR/USD Forecast November 3, 2014, Technical Analysis

by FX Empire | November 1, 2014 8:57 am
The EUR/USD pair broke down during the course of the session on Friday, breaking the bottom of the hammer from the Thursday session. We even went below the 1.25 level at one point in time, but at...

AUD/USD Forecast November 3, 2014, Technical Analysis

by FX Empire | November 1, 2014 8:56 am
The AUD/USD pair as you can see went back and forth during the session on Friday, essentially forming a slightly negative candle. We continue to hang about the 0.88 handle, which of course is an area that...