GBP/USD Forecast August 27, 2014, Technical Analysis

by FX Empire | August 27, 2014 6:05 am
The GBP/USD pair initially went higher during the course of the day on Tuesday, only to find the 1.66 level a bit too resistive to continue the move higher. With that, we have formed to shooting stars...

EUR/USD Forecast August 27, 2014, Technical Analysis

by FX Empire | August 27, 2014 6:04 am
The EUR/USD pair tried to rally initially during the day on Tuesday, but as you can see the 1.32 area has offered resistance again. With that being the case, the market seems like it’s ready to continue...

AUD/USD Forecast August 27, 2014, Technical Analysis

by FX Empire | August 27, 2014 5:58 am
The AUD/USD pair tried to go higher during the course of the day on Tuesday, and did gain a bit. However, you can see that we continue to hang about the 0.93 level, as the consolidation area...

USD/JPY Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:50 am
The USD/JPY pair fell during the course of the day after initially gapping higher on Monday. With that being the case, the market seems like it’s trying to find support somewhere near the 104 level, which should...

USD/CAD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:50 am
The USD/CAD pair initially fell during the session on Monday, but as you can see turned back and formed a massive hammer. This hammer sits just below the 1.10 level, and if we can get above that...

GBP/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:49 am
The GBP/USD pair gapped lower at the open on Monday, but turn things back around in order to form a fairly bullish candle for the day. With that, it appears that the British pound is starting to...

EUR/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:49 am
The EUR/USD pair gapped lower at the open on Monday, as the bearish pressure on the Euro continues. Breaking below the 1.33 level was of course a negative sign, and we believe that this market continues to...

AUD/USD Forecast August 26, 2014, Technical Analysis

by FX Empire | August 26, 2014 10:47 am
The AUD/USD pair tried to rally during the session on Monday, but fell back down and formed a shooting star. That being the case, the market looks like a market that is still trying to go sideways....

AUDJPY Pullback Trade (August 26, 2014)

by Kate Curtis | August 26, 2014 7:29 am
AUDJPY recently made a strong break past the 96.00 major psychological resistance level, which has acted as a long-term ceiling for price rallies. This could be a sign that more gains are in the cards for the...

GBPJPY Rising Trend Channel (August 25, 2014)

by Kate Curtis | August 25, 2014 6:18 am
GBPJPY has been moving in an uptrend since mid-March, as price has been trading inside a rising trend channel visible on its 4-hour forex chart. Price has recently tested the channel support and bounced off the 171.00...