USD/CAD Forecast September 19, 2013, Technical Analysis

by FX Empire | September 19, 2013 6:40 am
The USD/CAD pair fell during the session on Wednesday, breaking below the 1.03 handle cleanly. This is predicated mainly upon the Federal Reserve tapering being put off, and with that being said the US dollar got absolutely...

GBP/USD Forecast September 19, 2013, Technical Analysis

by FX Empire | September 19, 2013 6:39 am
The GBP/USD pair shot straight up during the session on Wednesday in reaction to the Federal Reserve and the announcement the tapering was not going to happen. Because of that, it’s the obvious that this market is...

EUR/USD Forecast September 19, 2013, Technical Analysis

by FX Empire | September 19, 2013 6:38 am
The EUR/USD pair shot straight up during the session and broke above the 1.35 handle as the Federal Reserve announced that it was not going to taper off anytime soon. Because of this, you can expect US...

AUD/USD Forecast September 19, 2013, Technical Analysis

by FX Empire | September 19, 2013 6:37 am
The AUD/USD pair rose during the session after the Federal Reserve announced that it was not going to start tapering off of quantitative easing. Because of this, it makes sense that the markets of course punish the...

USD/JPY Forecast September 18, 2013, Technical Analysis

by FX Empire | September 18, 2013 8:14 am
The USD/JPY pair tried to rally during the session on Tuesday, but as you can see ran into serious trouble once the gap was filled from past sessions. The resulting candle is a shooting star in this...

USD/CAD Forecast September 18, 2013, Technical Analysis

by FX Empire | September 18, 2013 8:13 am
USD/CAD fell during the session on Tuesday, but as you can see formed a little bit of a hammer and therefore really didn’t decide anything. With the Federal Reserve deciding on its tapering policy over the next...

GBP/USD Forecast September 18, 2013, Technical Analysis

by FX Empire | September 18, 2013 8:12 am
The GBP/USD pair went back and forth during the session on Tuesday, hovering at the 1.59 handle. The resulting neutral candle suggests that this market is simply going to sit still until the Federal Reserve makes its...

EUR/USD Forecast September 18, 2013, Technical Analysis

by FX Empire | September 18, 2013 8:11 am
The EUR/USD pair gained slightly during the session on Tuesday, hovering around the 1.3350 level again. However, with the Federal Reserve making its tapering decision soon, this market will more than likely sit still and do very...

AUD/USD Forecast September 18, 2013, Technical Analysis

by FX Empire | September 18, 2013 8:09 am
The AUD/USD pair fell initially during the session on Friday, but bounced enough to form a hammer. This hammer suggests that the market is going to find support at the 0.9350 handle, and as a result we...

NZD/USD: Rising Trend Line (September 18, 2013)

by Kate Curtis | September 18, 2013 8:08 am
NZD/USD has been on a very strong uptrend since the start of the month, as the RBNZ’s hawkish remarks and risk appetite have been spporting the pair.