AUD/USD Triangle Breakout (July 31, 2014)

by Kate Curtis | July 31, 2014 7:43 am
AUD/USD had been trading inside an ascending triangle chart pattern for quite some time before breaking to the downside and indicating that further losses could be in the cards. Price has found a bit of support at...

USD/JPY Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:58 am
The USD/JPY pair shot straight through the atmosphere during the day on Wednesday, as the US GDP numbers came out much stronger than anticipated. Because of this, the US dollar gained everywhere, the Japanese yen been no...

USD/CAD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:57 am
The USD/CAD pair shot higher during the day on Wednesday, as the US GDP numbers came out stronger than anticipated. Now that we have broken out to the upside, we believe that short-term pullbacks will continue to...

GBP/USD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:54 am
The GBP/USD pair fell during the course of the day on Wednesday, but bounced back above the 1.69 level in order to form a bit of a hammer. That being the case, it appears the market could...

EUR/USD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:51 am
EUR/USD pair did fall during the course of the day on Wednesday, but bounce significantly in order to form a bit of a hammer. We continue to hang about the 1.34 level, and ultimately we believe that...

AUD/USD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:48 am
The AUD/USD pair initially fell during the session on Wednesday, but as you can see found enough support near the 0.93 handle in order to turn things back around and show a bit of support towards end...

NZD/USD Potential Bounce (July 30, 2014)

by Kate Curtis | July 30, 2014 9:03 am
NZD/USD has been selling off strongly in the past few days, yet the pair could be in for a relief rally as it is finding support at the bottom of the rising channel forming on its 4-hour...

USD/JPY Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:55 am
The USD/JPY pair rose during the course of the day on Tuesday, breaking above the 102 level finally. However, the market still see is a significant amount of resistance just above, and is going to be a...

USD/CAD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:54 am
The USD/CAD pair rose during the course of the day on Tuesday, using the 1.08 level as a bit of a springboard. That being the case, the market looks as if it’s ready to continue going higher,...

GBP/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:53 am
The GBP/USD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support. The 1.69 level is essentially the “line in the sand” as far as we can...