USD/CAD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:32 am
The USD/CAD pair went back and forth during the session on Wednesday, essentially printing a neutral candle. This is a very indecisive candle after a couple of hammers, so it appears of this market once the go...

GBP/USD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:31 am
The GBP/USD pair rose during the session on Wednesday, but did not break the top of the shooting star from Tuesday. It doesn’t really matter though, with nonfarm payroll coming so soon, we feel that this market...

EUR/USD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:30 am
The EUR/USD pair rose during the session after initially falling on Wednesday, bouncing off the 1.35 handle again. The market actually broke above the top of the shooting star for the Tuesday session, which of course shows...

AUD/USD Forecast October 3, 2013, Technical Analysis

by FX Empire | October 3, 2013 7:29 am
The AUD/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a hammer. We believe this is a signal of where the market “wants” to go, but...

September 2013 NFP Report – Paxforex

by Paxforex | October 2, 2013 2:49 pm
On Friday we are supposed to receive the September NFP report unless the release will be delayed due to the first US government shutdown in 17 years. It really will not impact the figure itself and in...

GBP/USD: 1.6150 Support? (October 2, 2013)

by Kate Curtis | October 2, 2013 7:53 am
GBP/USD was rejected at the 1.6250 minor psychological resistance yesterday, as pound bulls need to gather more energy before pushing this pair higher.

USD/JPY Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:13 am
The USD/JPY pair fell during the session on Tuesday, but as you can see respected the bottom part of the triangle that we have been talking about the last couple of sessions. Because of this, we feel...

USD/CAD Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:12 am
The USD/CAD pair fell during the bulk of the session on Tuesday, but as you can see found enough support near the 1.03 handle in order to bounce and form a nice looking hammer. This hammer of...

GBP/USD Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:11 am
The GBP/USD pair attempted to rally during the session on Tuesday, but as you can see had formed a shooting star at the 1.62 handle as resistance be  too strong for the buyers seemed too strong for...

EUR/USD Forecast October 2, 2013, Technical Analysis

by FX Empire | October 2, 2013 1:10 am
The EUR/USD pair tried to rally during the session on Tuesday, but as you can see gave up all of the gains in order to form a wicked shooting star that signals we aren’t quite ready to...