AUD/USD Forecast October 20, 2014, Technical Analysis

by FX Empire | October 18, 2014 9:14 am
The AUD/USD pair broke higher during the course of the day on Friday, finding enough resistance at the 0.88 level. That being the case, we feel that the market forming a shooting star for the session on...

Double Top Pattern on USDCAD (Oct 17, 2014)

by Kate Curtis | October 17, 2014 6:38 am
USDCAD has formed a reversal pattern on its 1-hour time frame, suggesting that a downtrend might take place. Price has yet to break below the neckline support at the 1.1250 minor psychological level before confirming the potential...

USD/JPY Forecast October 17, 2014, Technical Analysis

by FX Empire | October 17, 2014 6:11 am
The USD/JPY pair fell initially during the session on Thursday, but found enough support just above the 105 handle to turn things back around and form a hammer. Because of this, we believe that this market should...

USD/CAD Forecast October 17, 2014, Technical Analysis

by FX Empire | October 17, 2014 6:09 am
The USD/CAD pair initially tried to rally during the course of the day on Thursday, but ran into quite a bit of trouble at the 1.1350 level. With that being the case, the market ended up turning...

GBP/USD Forecast October 17, 2014, Technical Analysis

by FX Empire | October 17, 2014 6:09 am
The GBP/USD pair initially tried to fall during the course of the day on Thursday, but then surged higher to test the 1.61 level. That being the case, the markets look as if they are still fairly...

EUR/USD Forecast October 17, 2014, Technical Analysis

by FX Empire | October 17, 2014 6:08 am
The EUR/USD pair initially fell back below the 1.28 level during the session on Thursday, but found enough buying pressure below to turn things back around and form a nice-looking hammer. This hammer suggests that we are...

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...