GBP/USD Forecast August 29, 2013, Technical Analysis

by FX Empire | August 29, 2013 4:59 am
The GBP/USD pair fell during the session on Wednesday, breaking well below the 1.55 handle during the day. However, you can see that the markets did in fact find enough support to bounce back over that level,...

EUR/USD Forecast August 29, 2013, Technical Analysis

by FX Empire | August 29, 2013 4:58 am
The EUR/USD pair fell during the session on Wednesday, but as you can see really didn’t go far in the end. We simply seem to be going sideways overall at the moment, and this makes sense considering...

AUD/USD Forecast August 29, 2013, Technical Analysis

by FX Empire | August 29, 2013 4:57 am
The AUD/USD pair fell during the session on Wednesday, but as you can see bounced enough in order to form a hammer. This hammer to us suggests that we are going to see more continuation of sideways...

Carney’s Maiden Speech

by Paxforex | August 28, 2013 5:37 pm
Bank of England Governor Mark Carney, the first non-British Bank of England Governor, delivered his maiden speech today after he failed to score with financial markets after the release of minutes from his maiden Bank of England...

How to Trade Ichimoku using MT4 Multi Timeframes

by ForexCycle.com | August 28, 2013 10:08 am
Multi timeframe forex trading is essentially aligning your trade to flow in the direction of the larger wave, since the larger wave can take you in the correct, and often larger trend. While most of the time...

Area of Interest on GBP/USD (August 28, 2013)

by Kate Curtis | August 28, 2013 7:13 am
GBP/USD has sold off in the past few trading days, signaling that a longer-term downtrend is starting to unfold. Before that happens though, GBP/USD could still pull back to an area of interest seen on the 1-hour...

USD/JPY Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:50 am
The USD/JPY pair fell hard during the session on Tuesday, slamming through the radiator handle, and parking right at the 97 handle. However, we think that there is a significant amount of support below, so with that...

USD/CAD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:49 am
The USD/CAD pair tried to rally during the session on Tuesday, but as you can see failed and formed a shooting star for the third session in a row. However, we do not like shorting this pair,...

GBP/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:48 am
The GBP/USD pair fell during the session on Tuesday, slicing through the 1.55 handle at one point during the day. However, as you can see we bounced enough from that area in order to form a hammer,...

EUR/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:47 am
The EUR/USD pair fell during a majority of the session on Tuesday, but as you can see found enough support below in order to form a hammer. This market continues to find buyers every time it dips,...