AUD/USD Forecast March 6, 2014, Technical Analysis

by FX Empire | March 6, 2014 6:21 am
The AUD/USD pair initially fell during the session on Wednesday, but rose high enough to test the 0.90 handle again. This is an area that should year to be very resistive, so some type of resistant candle...

ADP Dashes Hopes for Strong NFP – PaxForex

by Paxforex | March 5, 2014 5:46 pm
Today’s ADP report out of the US delivered a drastic blow to bullish expectations for a positive non-farm payroll report on Friday which will cover the month of February. December as well as January showed a US...

USD/JPY Forecast March 5, 2014, Technical Analysis

by FX Empire | March 5, 2014 6:59 am
The USD/JPY pair rose significantly during the session on Tuesday, as the bottom of the consolidation yet again offered support. We are longer-term bulls when it comes to this pair, and believe that the next significant barrier...

USD/CAD Forecast March 5, 2014, Technical Analysis

by FX Empire | March 5, 2014 6:59 am
The USD/CAD pair did very little during the session on Tuesday, but did manage to test the 1.11 handle. We break out above it, but it does look like the markets ready to continue grinding sideways. We...

GBP/USD Forecast March 5, 2014, Technical Analysis

by FX Empire | March 5, 2014 6:58 am
The GBP/USD pair try to rally during the session on Tuesday, but as you can see pulled back. The resulting candle was a shooting star, so it is possible that we drift lower from here. However, we...

EUR/USD Forecast March 5, 2014, Technical Analysis

by FX Empire | March 5, 2014 6:57 am
The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star. The shooting star of course suggests that the pair...

AUD/USD Forecast March 5, 2014, Technical Analysis

by FX Empire | March 5, 2014 6:56 am
The AUD/USD pair rose during the session on Tuesday, but found resistance just above the 0.8950 level. This market has plenty of resistance all the way to the 0.91 handle, so therefore we are simply waiting for...

USD/JPY Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:33 am
The USD/JPY pair gapped lower at the open on Monday, but as you can see basically went nowhere. There was a little bit of a safe haven bid for the Yen, but ultimately the market settle down....

USD/CAD Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:33 am
The USD/CAD pair went back and forth during the session on Monday, essentially settling nothing. We believe that this pair is essentially comfortable in this range, and as a result we do not expect much in the...

GBP/USD Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:32 am
The GBP/USD pair fell hard during the session on a day on Monday, testing the 1.6650 level. However, we are still well within the consolidation area that we had been in previously. Because of this, we feel...