AUD/USD Forecast October 17, 2014, Technical Analysis

by FX Empire | October 17, 2014 6:06 am
The AUD/USD pair fell during the course of the day on Thursday, but found enough support to turn things back around and form a hammer. Because of this, we feel that this market is more or less...

USD/JPY Forecast October 16, 2014, Technical Analysis

by FX Empire | October 16, 2014 5:46 am
The USD/JPY pair fell significantly during the course of the session on Wednesday, but found the 105 level to be as supportive as we had anticipated. Because of this, the market bounced roughly 100 pips, and we...

USD/CAD Forecast October 16, 2014, Technical Analysis

by FX Empire | October 16, 2014 5:45 am
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, touching the 1.14 region but finding enough resistance to turn things back around and head towards the 1.1250 level. The market should...

GBP/USD Forecast October 16, 2014, Technical Analysis

by FX Empire | October 16, 2014 5:44 am
The GBP/USD pair broke higher on Wednesday, as the US dollar sold off against most currencies. However, the British pound did run into a bit of trouble at the 1.60 level, as we are closing just and...

EUR/USD Forecast October 16, 2014, Technical Analysis

by FX Empire | October 16, 2014 5:43 am
The EUR/USD pair broke higher during the course of the day on Wednesday, breaking above the 1.28 level. However, we are starting to see a bit of resistance just above it, so we are simply waiting for...

AUD/USD Forecast October 16, 2014, Technical Analysis

by FX Empire | October 16, 2014 5:42 am
The AUD/USD pair broke higher during the course of the day on Wednesday, clearing the 0.88 level but not clearing the resistance above. Because of this, we are still suspicious of the Australian dollar, and although we...

USDCAD Short-Term Pullback (Oct 16, 2014)

by Kate Curtis | October 16, 2014 3:43 am
USDCAD has recently broken past the 1.1200 major psychological resistance and zoomed close to the 1.1400 handle in the past weeks, before showing signs of a retracement. Price is now retreating back to the 1.1200 area, which...

USD/JPY Forecast October 15, 2014, Technical Analysis

by FX Empire | October 15, 2014 7:38 am
The USD/JPY pair initially fell during the day on Tuesday, but found enough support at the 107 level in order to form a hammer. The hammer of course suggests that we could bounce from here, and as...

USD/CAD Forecast October 15, 2014, Technical Analysis

by FX Empire | October 15, 2014 7:38 am
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the most recent high that this market has made. Because of that, the market touched the 1.13 level, and looks very bullish all...

GBP/USD Forecast October 15, 2014, Technical Analysis

by FX Empire | October 15, 2014 7:37 am
The GBP/USD pair broke down during the course of the day on Tuesday, testing the 1.59 level. That level of course offers last vestiges of support, but if we break down below there we should head to...