EUR/USD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:46 am
The EUR/USD pair went back and forth during the day on Thursday, but formed a shooting star yet again. Every time this market rallies, the sellers step been to push it back down. With that, if we...

AUD/USD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:45 am
AUD/USD initially fell during the course of the day on Thursday, but found enough support just below the 0.93 level to turn things back around and form a bit of a hammer. If we can break the...

Forex Major Currencies Outlook (August 14, 2014)

by Kate Curtis | August 14, 2014 8:16 am
USD The US dollar got back on its feet and was able to advance against its forex counterparts, despite weaker than expected US retail sales. The headline figure showed a flat reading for July while the core...

Trading the Euro Zone GDP Reports (August 14, 2014)

by Kate Curtis | August 14, 2014 8:16 am
The euro zone is set to release its GDP readings for the second quarter of the year and is widely expected to show disappointments, possibly a chance to hop in a euro short trade. EUR/JPY is currently...

USD/JPY Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:04 am
The USD/JPY pair rose during the course of the day on Wednesday, as the market continues to grind its way back towards the 103 level. That being the case, the one of three level looks like it...

USD/CAD Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:04 am
The USD/CAD pair went back and forth during the course of the day on Wednesday, testing the 1.09 level for support. This area is the bottom of the most recent consolidation area, so seeing buying pressure in...

GBP/USD Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:02 am
The GBP/USD pair fell rather hard during the session on Wednesday after initially tried to rally above the 1.68 handle. The Bank of England suggested that perhaps the economy is a lot cloudier than originally thought, and...

EUR/USD Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:02 am
The EUR/USD pair continues on bearish as we initially rallied during the day on Wednesday, only to turn back around and form a massive shooting star. The candle forming where it does suggests that we are in...

AUD/USD Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:01 am
The AUD/USD pair rose during the course of the day on Wednesday, breaking the top of several hammers. With that, the market tested the 0.93 level, where found a bit of resistance. We believe that the market...

Forex Major Currencies Outlook (August 13, 2014)

by Kate Curtis | August 13, 2014 7:40 am
USD The US dollar returned some of its recent gains when data came in weaker than expected. The JOLTS job openings report marked a 4.67M gain, lower than the estimated 4.74M increase. Meanwhile, the NFIB small business...