GBP/USD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 5:02 am
The GBP/USD pair rose during the session on Friday, showing that the British pound continues to strengthen overall. In fact, the British pound looks healthy against most other currencies, so we do think that this market will...

EUR/USD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 5:01 am
The EUR/USD pair rose during the session on Friday, and closed above the 1.35 level again. Because of this, look like this market is going to try and breakout to the upside, but we need to see...

AUD/USD Forecast November 25, 2013, Technical Analysis

by FX Empire | November 24, 2013 4:59 am
The AUD/USD pair broke down during the session on Friday, closing at the 0.9165 level. This of course has broken down below the 0.9250 level, an area that we thought was significant support. In fact, the market...

EUR/USD Trend Line Retest (November 22, 2013)

by Kate Curtis | November 22, 2013 7:00 am
EUR/USD finally broke below that tight consolidation on top of a rising trend line, but it appears that a pullback could be in the cards. The pair bounced off the 1.3400 major psychological level and appears ready...

USD/JPY Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:12 am
The USD/JPY pair shot straight up during the session on Thursday, breaking well above the 100.50 level, an area that we thought would offer a bit of resistance. Because of this, we feel that this market will...

GBP/USD Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:11 am
The GBP/USD pair initially fell during the session on Thursday, but shot straight up in order to slam into the 1.6050 level. This area should be resistive, though, so we think that although the market looks a...

USD/CAD Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:09 am
The USD/CAD pair rose during the session on Thursday, testing the outer limits of resistance. This consolidation area looks like it’s getting ready to be broken above, and as a result a break above the highs from...

EUR/USD Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:07 am
The EUR/USD pair initially fell during the session on Thursday, but bounced hard enough to test the 1.35 handle by the end of the day. This market will continue to go back and forth, but we feel...

AUD/USD Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:05 am
The AUD/USD pair fell during the session on Thursday, but as you can see bounced slightly from the very lows. Nonetheless, we are closing below the 0.9250 handle, and as a result a break of the lows...

USD/JPY Forecast November 21, 2013, Technical Analysis

by FX Empire | November 21, 2013 9:14 am
The USD/JPY pair fell during the session on Wednesday, but bounced enough to form a hammer just below the 100 level. With that being the case, it appears the market is still trying to form a little...