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...

USD/CAD Forecast July 3, 2014, Technical Analysis

by FX Empire | July 3, 2014 6:35 am
The USD/CAD pair rose during the session on Wednesday, bouncing off of the trend line that has been rising and supporting this market for some time now. On top of that, we are still above the 1.06...

GBP/USD Forecast July 3, 2014, Technical Analysis

by FX Empire | July 3, 2014 6:34 am
The GBP/USD pair went slightly higher during the session on Wednesday, but looks as if it’s trying to build up enough steam to go higher. The markets been rather strong recently, so it’s interesting to see how...

EUR/USD Forecast July 3, 2014, Technical Analysis

by FX Empire | July 3, 2014 6:33 am
The EUR/USD pair fell during the session on Wednesday, testing the 1.3650 handle. That level of course was a resistance area, and breaking above it was significant as well. The fact that we are starting to find...

AUD/USD Forecast July 3, 2014, Technical Analysis

by FX Empire | July 3, 2014 6:32 am
The AUD/USD pair fell significantly during the session on Wednesday, taking back most of the gains from the Tuesday session. This being the case, the market looks as if it’s trying to find support at the site...