EUR/USD Forecast September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:57 am
The EUR/USD pair initially fell during the course of the day on Wednesday, but bounced enough to form a nice-looking hammer. With that being the case, it appears that the market could get a little bit of...

AUD/USD Forecast September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:57 am
The AUD/USD pair fell during the day on Wednesday, but remained supported near the 0.9250 level, just as we had anticipated. Because of this, looks like the market is ready to go sideways overall, and that it’s...

NZDJPY Channel Resistance Play (Sept 2, 2014)

by Kate Curtis | September 2, 2014 9:23 am
NZDJPY has been trading in an uptrend, as a rising channel can be drawn on its recent price action. The pair is still making its way to the top of the channel, which might hold as near-term...

USD/JPY Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:06 am
The USD/JPY pair broke higher during the day on Monday, as the markets look ready to continue to climb to the 105 level. The breakout to the upside suggests that the US dollar will continue to strengthen,...

USD/CAD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:06 am
The USD/CAD pair fell slightly during the session on Monday, but with it being Labor Day in both the United States and Canada, there was in a whole lot in the way of liquidity. Because of this,...

GBP/USD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:05 am
The GBP/USD pair tried to rally during the session on Monday, but pullback to form a shooting star. Because of that, the market looks as if the sellers are starting to come back into power, and with...

EUR/USD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:04 am
During a particularly line session on Monday, the EUR/USD pair went nowhere. With that, we feel that the market really hasn’t told his much but we understand that the downside is most certainly favored at this point....

AUD/USD Forecast September 2, 2014, Technical Analysis

by FX Empire | September 2, 2014 9:04 am
The AUD/USD pair tried to rally during the day on Monday, but found enough resistance to turn things back around and form a shooting star. The shooting star keeps us in the consolidation area we have been...

GBPCAD Countertrend Setup (Sept 1, 2014)

by Kate Curtis | September 1, 2014 8:58 am
GBPCAD has been moving in a downtrend on its 4-hour time frame but appears to be finding support at the bottom of the rising channel. Price has bounced off the 1.8000 major psychological level and might rally...

Is the EURUSD correction over? – Paxforex

by Paxforex | August 30, 2014 4:44 pm
The EURUSD has dropped sharply and looking just at the chart it seems as if there is no end in sight as traders do not want to try and catch a falling dagger. From a technical perspective...