GBP/USD Forecast July 7, 2014, Technical Analysis

by FX Empire | July 5, 2014 3:40 am
The GBP/USD pair went back and forth on Friday, hanging about the 1.7150 level. This market looks extraordinarily bullish at this point in time, so a break of the top of the range for the Friday session...

EUR/USD Forecast for July 7, 2014, Technical Analysis

by FX Empire | July 5, 2014 3:39 am
The EUR/USD pair fell during the session on Friday, but needless to say since the Americans were celebrating Independence Day, liquidity would have been a bit of an issue. We are starting to bounce around the 1.36...

AUD/USD Forecast July 7, 2014, Technical Analysis

by FX Empire | July 5, 2014 3:38 am
The AUD/USD pair rose slightly during the session on Friday, testing the 0.9350 level for support. That being the case, the market looks like it’s ready to bounce from here and head back towards the 0.9450 handle....

USD/JPY Forecast July 4, 2014, Technical Analysis

by FX Empire | July 4, 2014 8:54 am
The USD/JPY pair did in fact go much higher during the session on Thursday as the job summer came out better than anticipated. Because of this, it appears that the Federal Reserve is just that much closer...

USD/CAD Forecast July 4, 2014, Technical Analysis

by FX Empire | July 4, 2014 8:54 am
The USD/CAD pair fell during the course of the session on Thursday, testing the uptrend line that we have been bouncing off of recently. The market still sits above the 1.06 handle, so we are not interested...

GBP/USD Forecast July 4, 2014, Technical Analysis

by FX Empire | July 4, 2014 8:53 am
The GBP/USD pair fell during the course of the session on Thursday, but as you can see turn it back around at the 1.71 handle as it found significant support. With that, the market formed a massive...

EUR/USD Forecast July 4, 2014, Technical Analysis

by FX Empire | July 4, 2014 8:52 am
The EUR/USD pair fell during the course of the day on Thursday, as the jobs number out of the United States came out better than originally anticipated, so this of course grow the value of the US...

AUD/USD Forecast July 4, 2014, Technical Analysis

by FX Empire | July 4, 2014 8:51 am
The AUD/USD pair fell during the session on Thursday, dropping to the 0.9350 level. That being the case, the market certainly looks like it could fall from here, but there is a significant amount of support down...

USD/CHF Trend Correction (July 3, 2014)

by Kate Curtis | July 3, 2014 7:33 am
USD/CHF has been in a sharp selloff for the past couple of weeks, mostly due to US dollar weakness. However price has started pulling up after dipping close to the .8850 minor psychological support. The Fibonacci retracement...

USD/JPY Forecast July 3, 2014, Technical Analysis

by FX Empire | July 3, 2014 6:36 am
The USD/JPY pair initially fell during the session on Wednesday, but as you can see found enough support near the 101.50 level to turn things back around and go higher. This was partially helped by the ADP...