AUD/CAD Short-Term Range (Sept 4, 2014)

by Kate Curtis | September 4, 2014 6:49 am
AUD/CAD has been trading inside a range on its 1-hour time frame, finding support at the 1.0115 area and resistance at the 1.0215 level. Price has recently come off a test of the range support and appears...

USD/JPY Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:21 am
The USD/JPY pair fell during the course of the day on Wednesday, falling behind the 105 level again. With that being the case, the market looks like it’s ready to pull back a little bit and look...

USD/CAD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:19 am
The USD/CAD pair fell during the session on Wednesday, but remains within the consolidation area that we have been stuck in for some time now. The candle is very negative looking – but at this point it...

GBP/USD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:19 am
The GBP/USD pair fell during the session after initially going back and forth on Wednesday, as the market looks ready to continue going much lower. With that, we are very negative and recognize that the GBP/USD pair...

EUR/USD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:17 am
The EUR/USD Pair rose slightly during the Wednesday session, but found sellers above again. The markets will be paying attention to the interest rate statement coming out of the ECB today, looking for clues of further QE...

AUD/USD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:16 am
The AUD/USD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks. Because of this, we are relatively ambivalent when it comes to this...

EURCAD Support Turned Resistance (Sept 3, 2014)

by Kate Curtis | September 3, 2014 7:18 am
 EURCAD has sold off sharply in August, but it looks like the pair is prime for retracement back to an area of interest. Price could pull up to the broken support area at the 1.4400-1.4450 psychological levels,...

USD/JPY Forecast September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:59 am
The USD/JPY pair went higher during the session and broke through the 105 level as we start to see real strength in the US dollar overall. Because of this, we think that every time this market pulls...

USD/CAD Forecast September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:58 am
The USD/CAD pair broke higher during the session on Wednesday, clearing the top of the hammers that had formed recently. That being the case, the market looks like it’s heading to the 1.10 level, but there is...

GBP/USD Forecast September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:58 am
The GBP/USD pair fell hard during the day on Wednesday, as the British pound finally cracked below the 1.65 handle. The area just below is massively supportive though, so it is a bit difficult to start selling,...