EUR/USD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:51 am
EUR/USD pair did fall during the course of the day on Wednesday, but bounce significantly in order to form a bit of a hammer. We continue to hang about the 1.34 level, and ultimately we believe that...

AUD/USD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:48 am
The AUD/USD pair initially fell during the session on Wednesday, but as you can see found enough support near the 0.93 handle in order to turn things back around and show a bit of support towards end...

NZD/USD Potential Bounce (July 30, 2014)

by Kate Curtis | July 30, 2014 9:03 am
NZD/USD has been selling off strongly in the past few days, yet the pair could be in for a relief rally as it is finding support at the bottom of the rising channel forming on its 4-hour...

USD/JPY Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:55 am
The USD/JPY pair rose during the course of the day on Tuesday, breaking above the 102 level finally. However, the market still see is a significant amount of resistance just above, and is going to be a...

USD/CAD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:54 am
The USD/CAD pair rose during the course of the day on Tuesday, using the 1.08 level as a bit of a springboard. That being the case, the market looks as if it’s ready to continue going higher,...

GBP/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:53 am
The GBP/USD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support. The 1.69 level is essentially the “line in the sand” as far as we can...

EUR/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:53 am
The EUR/USD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle. With that, we feel that the market could continue to...

AUD/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:52 am
The AUD/USD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday. Because of this, it appears of the market is ready to drift lower, possibly down to the 0.9350...

CAD/JPY Long-Term Selloff (July 29, 2014)

by Kate Curtis | July 29, 2014 8:14 am
CAD/JPY has been moving inside a descending triangle pattern on its daily forex time frame, as price made lower highs and found support at the 92.00 major psychological level. The pair has just come off a test...

USD/JPY Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:34 am
The USD/JPY pair rose during the course of the day on Monday, but as you can see we are still struggling to get above the 102 level. Because of this, we feel that this market probably has...