GBP/USD Forecast August 6, 2014, Technical Analysis

by FX Empire | August 6, 2014 4:08 am
The GBP/USD pair initially tried to fall during the session on Tuesday, but as you can see found enough support to turn things back around and form a hammer. This hammer of course is very positive, and...

EUR/USD Forecast August 6, 2014, Technical Analysis

by FX Empire | August 6, 2014 4:06 am
The EUR/USD pair fell during the session on Tuesday, testing the lows again and even managed to break them at one point during the day. This market looks a very broken at this point, and we see...

AUD/USD Forecast August 6, 2014, Technical Analysis

by FX Empire | August 6, 2014 4:05 am
The AUD/USD pair initially tried to rally during the day on Tuesday, but failed and turned back around and form a slightly negative candle. However, we are sitting on top of the 0.93 handle, and as a...

USD/JPY Forecast August 5, 2014, Technical Analysis

by FX Empire | August 5, 2014 6:14 am
The USD/JPY pair initially fell during the course of the day on Monday, but as you can see about enough support of the 102.50 level to turn things background and form a hammer. Because of this, we...

USD/CAD Forecast August 5, 2014, Technical Analysis

by FX Empire | August 5, 2014 6:14 am
The USD/CAD pair initially tried to rally during the day on Monday, but as you can see we drifted a little bit lower by the end of the day. However, this simply looks like an area where...

GBP/USD Forecast August 5, 2014, Technical Analysis

by FX Empire | August 5, 2014 6:13 am
The GBP/USD pair bounced during the session on Monday, as the 1.68 level has offered enough support to at least do that. We believe them the British pound has been sold off a bit too much, and...

EUR/USD Forecast August 5, 2014, Technical Analysis

by FX Empire | August 5, 2014 6:12 am
The EUR/USD pair initially fell during the course of the day on Monday, but as you can see we bounced slightly in order to form a bit of a hammer. However, the range was very tight, and...

AUD/USD Forecast August 5, 2014, Technical Analysis

by FX Empire | August 5, 2014 6:10 am
The AUD/USD pair initially fell during the day on Monday, but as you can see found enough support to turn things back around and form a hammer. This hammer tells us that the market wants to go...

USD/JPY Forecast August 4, 2014, Technical Analysis

by FX Empire | August 3, 2014 5:33 am
The USD/JPY pair had a very violent session on Friday, as nonfarm payroll numbers came out. This is typically a very rough day for this pair, and the fact that we feel like this tells us that...

USD/CAD Forecast August 4, 2014, Technical Analysis

by FX Empire | August 3, 2014 5:31 am
As the nonfarm payroll came out slightly lower than anticipated, the USD/CAD pair went back and forth, essentially settling nothing at the end of the day although it should be mentioned that the candle was in fact...