USD/CAD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:08 am
The USD/CAD pair fell initially during the session on Tuesday, but as you can see bounced enough to form a fairly supportive of green candle. The 1.03 level has offered enough support to produce this candle, and...

GBP/USD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:07 am
The GBP/USD pair fell during the majority of the session on Tuesday, breaking below the 1.60 handle. This area is a significantly large round number, so of course there was a certain amount of interest in it...

EUR/USD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:06 am
The EUR/USD pair initially tried to rally during the session on Tuesday, but as you can see was be back in ended up falling down to the 1.3470 handle. The shape of the candle is a shooting...

AUD/USD Forecast September 25, 2013, Technical Analysis

by FX Empire | September 25, 2013 6:05 am
The AUD/USD pair fell during the session on Tuesday, showing the 0.94 level as far too resistive. That being the case, it appears the market is going to pull back slightly from here, but we do expect...

AUD/USD: Break and Retest Scenario? (September 24, 2013)

by Kate Curtis | September 24, 2013 7:29 am
AUD/USD seems to be having trouble sustaining its rallies, as a major correction might take place instead. The pair found resistance at .9500 and may pull back to an area of interest before resuming its rally.

USD/JPY Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:59 am
The USD/JPY pair fell during the session on Monday, showing signs of weakness yet again. However, we look at this market as one that’s essentially consolidating, and because of that we do not fear any type of...

USD/CAD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:58 am
The USD/CAD pair fell slightly during the session on Monday, looking very much like a pair that wants to continue to consolidate in this general vicinity. We feel that there is a significant amount of support somewhere...

GBP/USD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:57 am
The GBP/USD pair rose during the session on Monday, but as you can see did really gain much. However, the important part of this action was that the 1.60 handle did in fact offer support. Because of...

EUR/USD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:56 am
The EUR/USD pair fell during the session on Monday, finding the 1.35 level rather supportive. However, we would not be surprised at all to see a little bit more of a pullback, perhaps to the 1.34 handle...

AUD/USD Forecast September 24, 2013, Technical Analysis

by FX Empire | September 24, 2013 4:51 am
The AUD/USD pair rose during the session on Monday, breaking back above the 0.94 handle. Because of this, we feel that this market was primed to bounce even higher, and we believe that the 0.95 level will...