EUR/USD Forecast November 12, 2014, Technical Analysis

by FX Empire | November 12, 2014 5:35 am
EUR/USD pair broke higher during the course of the day on Tuesday, slamming into the 1.25 handle. Because of that, it appears that the market does in fact have some buyers left in it, but this is...

AUD/USD Forecast November 12, 2014, Technical Analysis

by FX Empire | November 12, 2014 5:33 am
The AUD/USD pair broke higher during the course of the session on Tuesday, but as you can see we are heading towards the 0.88 level, an area that has been of great interest to several different moves,...

AUDUSD Retracement Setup (Nov 12, 2014)

by Kate Curtis | November 12, 2014 3:57 am
After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon.  The 38.2% Fibonacci...

USD/JPY Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:45 am
The USD/JPY pair rose during the session on Monday, banging into the 115 level. The pair has been very bullish lately, and we think this should continue. We recognize that the level should be resistive, but also...

USD/CAD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:44 am
The USD/CAD pair bounced off the 1.13 level during the session on Monday, as the market went higher. That being the case, the market seems as if it’s ready to go much higher and we do recognize...

GBP/USD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:44 am
The GBP/USD pair broke down during the course of the day on Monday, as we continue the downtrend. The downtrend has been fairly strong, and we have broken down below significant support. Because of this, we feel...

EUR/USD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:43 am
The EUR/USD pair fell during the session on Monday, as the 1.25 level has offered significant resistance, as the market continues to struggle. We believe that this market should then go to the 1.2050 handle, which is...

AUD/USD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:43 am
The AUD/USD pair fell during the course of the day on Monday, testing the 0.86 level. This market looks like it’s ready to go lower as we have turned back around in the vicinity of what looks...

AUDUSD Retracement Setup (Nov 11, 2014)

by Kate Curtis | November 11, 2014 3:33 am
AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback. This correction might last until the broken support area and the Fibonacci retracement levels on the...

GBPUSD Downtrend Resistance (Nov 10, 2014)

by Kate Curtis | November 10, 2014 3:06 am
GBPUSD has been steadily moving lower, as a descending trend line can be drawn to connect the recent highs of price action. At the same time, stochastic is indicating overbought conditions, suggesting that sellers could take control...