EUR/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:53 am
The EUR/USD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle. With that, we feel that the market could continue to...

AUD/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:52 am
The AUD/USD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday. Because of this, it appears of the market is ready to drift lower, possibly down to the 0.9350...

CAD/JPY Long-Term Selloff (July 29, 2014)

by Kate Curtis | July 29, 2014 8:14 am
CAD/JPY has been moving inside a descending triangle pattern on its daily forex time frame, as price made lower highs and found support at the 92.00 major psychological level. The pair has just come off a test...

USD/JPY Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:34 am
The USD/JPY pair rose during the course of the day on Monday, but as you can see we are still struggling to get above the 102 level. Because of this, we feel that this market probably has...

USD/CAD Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:33 am
The USD/CAD pair initially tried to rally during the day on Monday, but as you can see fell back down towards the 1.08 handle. The level course has been supportive in the past, and now that we...

GBP/USD Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:31 am
The GBP/USD pair went back and forth during the day on Monday, but found the 1.70 level to be resistive enough to keep the market somewhat down. Because of this, we feel that the market will more...

EUR/USD Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:30 am
In the EUR/USD pair tried to rally during the course of the day on Monday, but as you can see gave back most of the gains. In the end, we ended up forming a shooting star which...

AUD/USD Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:28 am
The AUD/USD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer. This hammer of course suggests...

AUD/USD Ascending Triangle Setup (July 28, 2014)

by Kate Curtis | July 28, 2014 9:20 am
AUD/USD has been making higher lows and finding resistance at the .9460 area, creating an ascending triangle on its 4-hour time frame. The pair just found resistance at the top of the triangle and is on its...

Is US Dollar Strength Justified? – Paxforex

by Paxforex | July 26, 2014 6:05 pm
The US Dollar has rallied during this week’s trading session especially gains the Euro and there has been an increase in US Dollar bulls in the market place. The US currency did rally from a very low...