AUD/JPY Break and Retest (April 9, 2014)

by Kate Curtis | April 9, 2014 6:25 am
AUD/JPY recently made a strong break and sustained rally past the 94.00 major psychological level but it appears that a quick correction might take place. The pair has retreated upon reaching the 96.00 major psychological resistance and...

USD/JPY Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:44 am
The USD/JPY pair fell rather hard during the session on Tuesday, slicing through the 103 level, and falling all the way down to the 101.50 handle. Because of that, it appears that the market has sliced through...

USD/CAD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:43 am
The USD/CAD pair fell hard during the session on Tuesday, slamming into the 1.09 level. That area should offer a bit of support, and as a result we are waiting to see whether or not a supportive...

GBP/USD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:42 am
The GBP/USD pair took off to the upside during the session on Tuesday, breaking above the resistance level at the 1.67 handle, and heading towards the 1.68 level, the next resistance area. We believe that if we...

EUR/USD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:41 am
The EUR/USD pair broke higher during the session on Tuesday, reaching all the way to the 1.38 level. This was our short-term target, and now we have succeeded in what we anticipated happening. That being the case,...

AUD/USD Forecast April 9, 2014, Technical Analysis

by FX Empire | April 9, 2014 2:41 am
The AUD/USD pair broke higher during the session on Tuesday, finally breaking out above the 0.93 handle. Because of this, it appears that the market is ready to head back to the 0.95 handle, which of course...

NZD/USD Broken Trend Line Retest (April 8, 2014)

by Kate Curtis | April 8, 2014 7:48 am
NZD/USD recently broke below a rising trend line connecting the lows of the price, indicating that the previous uptrend is already over. Before heading any lower though, the pair made a quick retracement move to the Fibonacci...

USD/JPY Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:22 am
The USD/JPY pair fell during the session on Monday, finding the 103 level by the end of the day. This area could bring in buyers, but in the meantime it’s difficult to buy until we get a...

USD/CAD Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:21 am
The USD/CAD pair tried to rally during the session on Monday, but found the 1.10 level to be a bit too resistive in order to form a shooting star. This shooting star suggests that the market is...

GBP/USD Forecast April 8, 2014, Technical Analysis

by FX Empire | April 8, 2014 3:21 am
The GBP/USD pair rose during the session on Monday, breaking above the 1.66 level again. This market appears as if it is ready to continue going higher, ultimately testing the 1.70 level given enough time. However, there...