GBP/USD Forecast October 6, 2014, Technical Analysis

by FX Empire | October 4, 2014 7:35 am
The GBP/USD pair fell hard during the course of the session on Friday, crashing through the 1.60 level. By doing so, it appears that we are heading back down towards the 1.58 level, and then possibly the...

EUR/USD Forecast October 6, 2014, Technical Analysis

by FX Empire | October 4, 2014 7:35 am
EUR/USD pair fell hard during the course of the day on Friday, slamming into the 1.25 level. That of course is a large, round, psychologically significant number. That is a major support barrier, and as a result...

AUD/USD Forecast October 6, 2014, Technical Analysis

by FX Empire | October 4, 2014 7:34 am
The AUD/USD pair fell hard during the course of the day on Friday, testing the 0.8650 level. That level opens the door to fall the way down to the 0.85 level, and we think that in fact...

USD/JPY Forecast October 3, 2014, Technical Analysis

by FX Empire | October 3, 2014 7:47 am
The USD/JPY pair initially tried to rally during the session on Thursday, but turned back around to form a fairly negative candle. However, we are just above the 108 level, and the fact that today is nonfarm...

USD/CAD Forecast October 3, 2014, Technical Analysis

by FX Empire | October 3, 2014 7:46 am
The USD/CAD pair rose during the course of the day on Thursday, using the 1.11 level as support. That being the case, the market looks like it’s heading back towards the 1.12 handle, as this market is...

GBP/USD Forecast October 3, 2014, Technical Analysis

by FX Empire | October 3, 2014 7:42 am
The GBP/USD pair fell hard during the session on Thursday, crashing into the 1.6150 area. The market looks as if it’s ready to continue going lower, but there is a significant amount of support at the 1.60...

EUR/USD Forecast September 3, 2014, Technical Analysis

by FX Empire | October 3, 2014 7:41 am
The EUR/USD pair fell initially during the session on Thursday, bouncing later in order to form a hammer. This hammer suggests that we are going to try to make a move above the 1.27 level, and perhaps...

AUD/USD Forecast October 3, 2014, Technical Analysis

by FX Empire | October 3, 2014 7:40 am
The AUD/USD pair fell during the session initially on Thursday, but found enough support to turn things back around and form a hammer. It now looks like the 0.88 level is supportive, and we could bounce back...

USD/JPY Forecast September 2, 2014, Technical Analysis

by FX Empire | October 2, 2014 7:00 am
The USD/JPY pair fell from the 110 level during the session on Wednesday, proving that we are not quite ready to continue the next leg higher. However, with the nonfarm payroll numbers coming out on Friday, we...

USD/CAD Forecast September 2, 2014, Technical Analysis

by FX Empire | October 2, 2014 6:59 am
The USD/CAD pair fell during the course of the day on Wednesday, breaking back below the 1.12 level. However, the 1.1150 level is the epicenter of a significant amount of support as far as we can see...