EUR/USD Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:07 am
The EUR/USD pair rose during the session initially on Thursday, but ran into far too much resistance above to keep the gains. With that, we feel that this market pulling back and forming a shooting star is...

AUD/USD Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:07 am
The AUD/USD pair fell during the session on Thursday, but remains above the massive support area at 0.9250, and as a result we are not interested in selling. We believe that a supportive candle below could be...

USD/JPY Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:38 am
The USD/JPY pair broke above the 102 level during the session on Wednesday, signifying that we would more than likely continue to grind higher. With that, we are bullish of this market, and fully anticipate that it’s...

USD/CAD Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:37 am
The USD/CAD pair initially fell during the session on Wednesday, but bounced enough to break above the 1.10 level. With that, the market looks like it’s ready to go higher, and quite frankly we do feel like...

GBP/USD Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:37 am
The GBP/USD pair broke higher during the session on Wednesday, testing the 1.68 level yet again. That area has been resistive previously, and as a result we do not find it very difficult to imagine that the...

EUR/USD Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:36 am
The EUR/USD pair rose during the session on Wednesday, using the 1.38 level as a springboard. However, we pulled back enough to form a shooting star, and it appears that the market is going to continue to...

AUD/USD Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:36 am
The AUD/USD pair tried to rally during the session on Wednesday, but as you can see pulled back enough to form a shooting star. This shooting star suggests that the market is ready to continue falling, but...

How strong is the Chinese economy? – Paxforex

by Paxforex | April 16, 2014 7:33 pm
There have been quite a few economic reports released over the past three trading days which painted an economic picture in China which is not reflected in many asset prices. Despite lackluster economic data traders have for...

USD/JPY Forecast April 16, 2014, Technical Analysis

by FX Empire | April 16, 2014 5:21 am
The USD/JPY pair fell initially during the session on Tuesday, but found support down near the 101.50 level yet again. This area has been very strong for some time now, and as a result it doesn’t surprise...

USD/CAD Forecast April 16, 2014, Technical Analysis

by FX Empire | April 16, 2014 5:20 am
The USD/CAD pair rose during the session on Tuesday, but fell 1.10 level to be resistive enough to keep the market down. The resulting shooting star course is a negative sign, and as a result we feel...