GBP/USD Forecast June 10, 2014, Technical Analysis

by FX Empire | June 10, 2014 9:15 am
The GBP/USD pair rose during the beginning of the session on Monday, but eventually turned back around to form a shooting star for the second session in a row. With this, we feel that this market will...

EUR/USD Forecast June 10, 2014, Technical Analysis

by FX Empire | June 10, 2014 9:12 am
The EUR/USD pair initially tried to rally during the session on Monday, but turned things back around and fell relatively hard. The 1.36 level has been somewhat supportive lately, so we are looking for supportive candles in...

AUD/USD Forecast June 10, 2014, Technical Analysis

by FX Empire | June 10, 2014 9:05 am
The AUD/USD pair rose during the course of the session on Monday, but found enough resistance to push the market back about half of the range. With that, we feel that the market could pull back from...

USD/CHF Channel Break and Retest? (June 9, 2014)

by Kate Curtis | June 9, 2014 8:19 am
USD/CHF has been trading inside a rising channel for nearly a month before the ECB rate decision last week triggered a sharp break lower. Since then price has made a decent correction close to the bottom of...

USD/JPY Forecast June 9, 2014, Technical Analysis

by FX Empire | June 7, 2014 7:32 am
The USD/JPY pair fell during the bulk of the session on Friday after the nonfarm payroll numbers came out, but found enough support near the 102 level to bounce and form a nice-looking hammer. However, the 103...

USD/CAD Forecast June 9, 2014, Technical Analysis

by FX Empire | June 7, 2014 7:31 am
The USD/CAD pair went back and forth during the course of the session on Friday, ultimately settling on a slightly positive candle. At the end of the day, not much a change day we still feel that...

GBP/USD Forecast June 9, 2014, Technical Analysis

by FX Empire | June 7, 2014 7:31 am
The GBP/USD pair tried to rally during the session on Friday, but as you can see struggled to keep the gains. By the end of the day, we ended up forming a shooting star, and that of...

EUR/USD Forecast June 9, 2014, Technical Analysis

by FX Empire | June 7, 2014 7:30 am
The EUR/USD pair fell during the course of the session on Friday after the nonfarm payroll numbers came out. However, as per usual, the nonfarm payroll numbers didn’t really make a huge difference one way or the...

AUD/USD Forecast June 9, 2014, Technical Analysis

by FX Empire | June 7, 2014 7:29 am
The AUD/USD pair tried to rally during the session on Friday, but as you can see gave back almost all of the gains in order to form a shooting star. The shooting star of course is a...

Euro rallies after ECB Cuts – Paxforex

by Paxforex | June 6, 2014 7:22 am
Yesterday the European Central Bank behind President Mario Draghi has failed to accomplish what many have hoped for; a lower Euro. After his press conference during May’s ECB meeting where the central bank did not act Draghi...