EURUSD Rising Trend Channel (Nov 20, 2014)

by Kate Curtis | November 20, 2014 6:06 am
EURUSD is moving inside a rising channel on its 1-hour forex chart, with price just finding resistance at the top of the range. Stochastic is moving lower, indicating that sellers are in control of price action for...

USD/JPY Forecast November 20, 2014, Technical Analysis

by FX Empire | November 20, 2014 6:01 am
The USD/JPY pair broke higher during the course of the day here on Wednesday, as we tested the 118 handle. Because of this, it looks like the USD/JPY pair is ready to continue going higher over the...

USD/CAD Forecast November 20, 2014, Technical Analysis

by FX Empire | November 20, 2014 6:00 am
The USD/CAD pair initially fell during the course of the day on Wednesday, but found the 1.13 level to be supportive enough to turn things back around. By doing so, we ended up forming a hammer, and...

GBP/USD Forecast November 20, 2014, Technical Analysis

by FX Empire | November 20, 2014 5:59 am
The GBP/USD pair broke higher during the course of the day on Wednesday, testing the 1.57 handle. That being the case, the market looks as if it is ready to perhaps bounce around little bit we still...

EUR/USD Forecast November 20, 2014, Technical Analysis

by FX Empire | November 20, 2014 5:59 am
The EUR/USD pair tried to rally during the course of the day on Wednesday, but as you can see ran into trouble at the 1.26 level yet again and fell to form a shooting star. Because of...

AUD/USD Forecast November 20, 2014, Technical Analysis

by FX Empire | November 20, 2014 5:58 am
The AUD/USD pair fell during the course of the session on Wednesday, as we continue to see weakness in the Australian dollar in general. After all, the market heads down to the 0.85 handle, and then ultimately...

USD/JPY Forecast November 19, 2014, Technical Analysis

by FX Empire | November 19, 2014 5:47 am
The USD/JPY pair went slightly higher during the course of the day on Tuesday, as we continue to grind higher. We believe that this market eventually goes to the 120 level, and every time we pullback it...

USD/CAD Forecast November 19, 2014, Technical Analysis

by FX Empire | November 19, 2014 5:46 am
The USD/CAD pair tried to break up above the 1.13 level during the session on Tuesday, but as you can see struggled to do so. With that being the case, the market looks as if it is...

GBP/USD Forecast November 19, 2014, Technical Analysis

by FX Empire | November 19, 2014 5:44 am
The GBP/USD pair initially tried to rally during the session on Tuesday, but struggled in order to hang onto any type of gains, so therefore we ended up falling. The market is a little bit slow at...

EUR/USD Forecast November 19, 2014, Technical Analysis

by FX Empire | November 19, 2014 5:43 am
The EUR/USD pair broke higher during the course of the day on Tuesday, clearing the 1.25 level yet again. This market continues to slice back and forth, so therefore we feel that this market will eventually turned...