USD/CAD Forecast October 24, 2013, Technical Analysis

by FX Empire | October 24, 2013 7:37 am
The USD/CAD pair shot straight up during the session on Wednesday as you can see, but found the 1.04 level rather resistive. This essentially carves out the consolidation area that we had anticipated being there, and as...

GBP/USD Forecast October 24, 2013, Technical Analysis

by FX Empire | October 24, 2013 7:36 am
The GBP/USD pair fell during the session on Wednesday, but remains within the previous consolidation that we’ve seen over the last couple of days. That being the case though, we did get a little bit of a...

EUR/USD Forecast October 24, 2013, Technical Analysis

by FX Empire | October 24, 2013 7:36 am
The EUR/USD pair initially fell during the session on Wednesday, but as you can see found enough support below in order to pop up and form a hammer. Because of this, if we get above the highs...

AUD/USD Forecast October 24, 2013, Technical Analysis

by FX Empire | October 24, 2013 7:34 am
The AUD/USD pair went back and forth during the session on Wednesday, eventually settling on a negative candle. The market closed just above the 0.96 handle, so we have to wait and see whether or not that...

China Worries Could Spark Volatility – Paxforex

by Paxforex | October 23, 2013 10:12 am
Worries over potential tighter policy out of China are likely to increase volatility and initiate a much needed correction in both equity markets as well as currency markets. Plenty of traders have ignored the wrath of negative...

AUD/CAD Parity Play (October 23, 2013)

by Kate Curtis | October 23, 2013 8:00 am
AUD/CAD’s rallies seem to be exhausted already as the pair is in the process of testing the resistance at parity. This is in line with a former support level, which has held last year.

USD/JPY Forecast October 23, 2013, Technical Analysis

by FX Empire | October 23, 2013 5:19 am
The USD/JPY pair went back and forth during the session on Tuesday, but essentially ended up where it started during the day. That might be because of the nonfarm payroll numbers coming out lower than expected, which...

USD/CAD Forecast October 23, 2013, Technical Analysis

by FX Empire | October 23, 2013 5:18 am
The USD/CAD pair fell during the session on Tuesday as the nonfarm payroll numbers came out weaker than anticipated. This being the case, looks like we really test the 1.03 level for support, and it did managed...

GBP/USD Forecast October 23, 2013, Technical Analysis

by FX Empire | October 23, 2013 5:17 am
The GBP/USD pair rose during the session on Tuesday, breaking well above the shooting star from Friday, however, there will probably be a bit of resistance of the 1.63 handle, so those of you that are a...

EUR/USD Forecast October 23, 2013, Technical Analysis

by FX Empire | October 23, 2013 5:16 am
The EUR/USD pair shot straight up during the session on Tuesday as the nonfarm payroll numbers came out rather disappointing fashion. That being the case, we clear the 1.37 level with ease, and now it appears that...