USD/CAD Forecast October 21, 2014, Technical Analysis

by FX Empire | October 21, 2014 5:16 am
The USD/CAD pair initially fell during the course of the day, but ultimately break out to the upside. It looks as if we still see plenty of support below, and extending all the way to the 1.12...

GBP/USD Forecast October 21, 2014, Technical Analysis

by FX Empire | October 21, 2014 5:15 am
The GBP/USD pair broke higher during the course of the day on Monday, heading higher and aiming for the 1.62 handle. The 1.63 handle above is where we expect a lot of resistance to come into play,...

EUR/USD Forecast October 21, 2014, Technical Analysis

by FX Empire | October 21, 2014 5:14 am
The EUR/USD pair initially fell during the session on Monday, but pushed higher and when above the 1.28 level during the day. Ultimately though, it appears that the market is ready to test the resistance barrier above,...

AUD/USD Forecast October 21, 2014, Technical Analysis

by FX Empire | October 21, 2014 5:14 am
The AUD/USD pair did almost nothing during the session on Monday, testing the 0.88 level above for resistance. The market looks very stagnant at this point in time, and the fact that we can’t really make any...

EURJPY Retracement Setup (Oct 21, 2014)

by Kate Curtis | October 21, 2014 2:55 am
EURJPY has pulled up from its continuous dive in the past month and appears to be making a quick correction. For now, it is stalling at the 38.2% Fibonacci level, which is aligned with a former support...

Short-Term Uptrend on EURUSD (Oct 20, 2014)

by Kate Curtis | October 20, 2014 6:03 am
EURUSD is moving in a short-term uptrend since the ascending trend channel on its 1-hour time frame is still holding. Price is making its way to the channel support near the 1.2750 minor psychological level, which might...

USD/JPY Forecast October 20, 2014, Technical Analysis

by FX Empire | October 18, 2014 9:17 am
The USD/JPY pair broke higher during the course of the session on Friday, breaking the top of the hammer that informed on Thursday. With that, we should also mention that there is a nice-looking hammer on the...

USD/CAD Forecast October 20, 2014, Technical Analysis

by FX Empire | October 18, 2014 9:17 am
The USD/CAD pair fell during the course of the session on Friday, testing the 1.12 level for support. That being the case, the market bounced enough to form a hammer, and it should be noted that the...

GBP/USD Forecast October 20, 2014, Technical Analysis

by FX Empire | October 18, 2014 9:16 am
The GBP/USD pair went back and forth during the course of the session on Friday, essentially printing a very neutral candle. However, we feel bullish about this market now that we have formed a hammer from the...

EUR/USD Forecast October 20, 2014, Technical Analysis

by FX Empire | October 18, 2014 9:15 am
The EUR/USD pair initially tried to rally during the course of the day on Friday, but fell back below the 1.28 level. On top of that, we ended up forming a shooting star for the weekly candle,...