EUR/USD Forecast May 2, 2014, Technical Analysis

by FX Empire | May 2, 2014 3:26 am
The EUR/USD pair tried to rally during the session on Thursday, but in the end the sellers came into play and push the market back down. The resulting candle of course was a shooting star, and then...

AUD/USD Forecast May 2, 2014, Technical Analysis

by FX Empire | May 2, 2014 3:25 am
The AUD/USD pair went back and forth during the session on Thursday, showing that the market is still continue to go sideways just above the 0.9250 level. With that, we feel that the market is simply taking...

AUD/CAD Short-Term Downtrend (May 1, 2014)

by Kate Curtis | May 1, 2014 8:53 am
AUD/CAD is currently testing a falling trend line on its 1-hour time frame, as it has pulled up after reaching the 1.0150 minor psychological support. The pair could now find resistance at the 38.2% to 50% Fib...

USD/JPY Forecast May 1, 2014, Technical Analysis

by FX Empire | May 1, 2014 2:40 am
The USD/JPY pair fell during most of the session on Wednesday, but found support near the 102 handle. With that, it appears this market is ready to find buyers every time it falls, something that we have...

USD/CAD Forecast May 1, 2014, Technical Analysis

by FX Empire | May 1, 2014 2:40 am
The USD/CAD pair tried to rally during the session on Wednesday, but fell back down and formed a shooting star. The shooting star of course is a very sign, and therefore we begin to wonder whether or...

GBP/USD Forecast May 1, 2014, Technical Analysis

by FX Empire | May 1, 2014 2:39 am
The GBP/USD pair broke out to the upside during the session on Wednesday, and as a result we feel that the next leg higher has started. This should send this market to the 1.70 handle given enough...

EUR/USD Forecast May 1, 2014, Technical Analysis

by FX Empire | May 1, 2014 2:38 am
The EUR/USD pair initially fell during the session on Wednesday, touching as low as 1.3770 by the time we turned back around and close much higher. Part of this would’ve been the Federal Reserve announcing that the...

AUD/USD Forecast May 1, 2014, Technical Analysis

by FX Empire | May 1, 2014 2:33 am
The AUD/USD pair went back and forth on Wednesday, but proved the 0.9250 level to be supportive. With that being the case, we feel that the market will continue to go higher, and a break above the...

EUR/NZD Retracement Completed? (April 30, 2014)

by Kate Curtis | April 30, 2014 7:26 am
EUR/NZD has been in a massive selling spree over the past couple of trading days, pushing the pair all the way down by at least 150 pips. Using the Fibonacci retracement tool on the 1-hour time frame...

USD/JPY Forecast April 30, 2014, Technical Analysis

by FX Empire | April 30, 2014 2:41 am
The USD/JPY pair initially tried to rally during the session on Tuesday, but as you can see we found a quite a bit of resistance above, sending the market back down and forming a shooting star. While...