EUR/USD Forecast April 29, 2015, Technical Analysis

by FX Empire | April 29, 2015 7:32 am
The EUR/USD pair broke higher during the course of the session on Tuesday, heading towards the 1.10 level. This is an area that we should see quite a bit of resistance at, and with the Federal Reserve...

AUD/USD Forecast April 29, 2015, Technical Analysis

by FX Empire | April 29, 2015 7:32 am
The AUD/USD pair broke much higher during the course of the session on Tuesday, slicing through the 0.80 handle. Because of this, if we can break of the top of the range for the session, we would...

NZDUSD Rising Wedge Resistance (Apr 29, 2015)

by Kate Curtis | April 29, 2015 4:48 am
NZDUSD might be ready for another short-term selloff, as the pair is testing the rising wedge resistance on its 4-hour time frame. At the same time, stochastic is indicating overbought conditions, which means that sellers might take...

USD/JPY Forecast April 28, 2015, Technical Analysis

by FX Empire | April 28, 2015 7:36 am
The USD/JPY pair tried to rally during the course of the day on Monday, but got turned back around near the 119.50 region. Because of this, the market ended up forming a massive shooting star, which of...

USD/CAD Forecast April 28, 2015, Technical Analysis

by FX Empire | April 28, 2015 7:35 am
The USD/CAD pair initially tried to rally during the session on Monday, but then turned back around to fall rather significantly. We did not make a fresh new low though, so this point time we believe that...

GBP/USD Forecast April 28, 2015, Technical Analysis

by FX Empire | April 28, 2015 7:35 am
The GBP/USD pair fell initially during the session on Monday, as the markets looked like they were getting ready to head back to the 1.50 handle. However, we found support below current levels and turned back around...

EUR/USD Forecast April 28, 2015, Technical Analysis

by FX Empire | April 28, 2015 7:34 am
The EUR/USD pair initially fell during the course of the session on Monday, but found enough support to turn things back around and form a positive candle. With this, the market looks like it’s going to try...

AUD/USD Forecast April 28, 2015, Technical Analysis

by FX Empire | April 28, 2015 7:33 am
The AUD/USD pair initially fell during the day on Monday, but found enough buyers to turn things back around and go much higher. However, there is a significant amount of resistance between current levels and the 0.80...

AUDUSD Long-Term Reversal (Apr 28, 2015)

by Kate Curtis | April 28, 2015 4:29 am
AUDUSD is once again testing the neckline of the complex double bottom pattern on its 4-hour time frame. A break past the resistance around the .7900 major psychological level could confirm the potential reversal, which might last...

NZDUSD Correction Play (Apr 27, 2015)

by Kate Curtis | April 27, 2015 3:52 am
NZDUSD is showing signs of a pullback on its short-term time frames, as price bounced off the .7550 minor psychological support and is retreating to the Fibonacci levels on the latest swing high and low. In particular,...