USD/JPY Forecast November 6, 2013, Technical Analysis

by FX Empire | November 6, 2013 5:14 am
The USD/JPY pair fell during the session on Tuesday, but as you can see found enough support just above the 98 handle in order to bounce and form a nice looking candle. This candle of course shows...

USD/CAD Forecast November 6, 2013, Technical Analysis

by FX Empire | November 6, 2013 5:13 am
The USD/CAD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. The 1.04 level looks very supportive now, and as a result it does not surprise us that...

GBP/USD Forecast November 6, 2013, Technical Analysis

by FX Empire | November 6, 2013 5:12 am
The GBP/USD pair rose during the session on Tuesday, breaking back above the 1.60 handle as the market looks like it’s ready to continue consolidating between the 1.59 level on the bottom, and the 1.6250 level on...

EUR/USD Forecast November 6, 2013, Technical Analysis

by FX Empire | November 6, 2013 5:11 am
The EUR/USD pair fell during the session on Tuesday, but remains within a few pips of the 1.35 handle. This area has been supportive and important for some time now, and as a result it does not...

AUD/USD Forecast November 6, 2013, Technical Analysis

by FX Empire | November 6, 2013 5:08 am
The AUD/USD pair went back and forth during the session on Tuesday, essentially hugging the 0.95 level. This shows the market is still a bit confused at the moment, and seems to be comfortable in this general...

USD/CHF Major Correction to .9200 (November 5, 2013)

by Kate Curtis | November 5, 2013 7:50 am
USD/CHF’s rallies might soon be over, as the pair is approaching a potential resistance level. The .9200 major psychological mark has acted as support in the past and is around the Fibonacci retracement levels on the daily...

USD/JPY Forecast November 5, 2013, Technical Analysis

by FX Empire | November 5, 2013 3:13 am
The USD/JPY pair went back and forth during the session on Monday, essentially deciding nothing. This looks like a market that could pull back slightly, but quite frankly we think there are plenty of buyers below in...

USD/CAD Forecast November 5, 2013, Technical Analysis

by FX Empire | November 5, 2013 3:13 am
The USD/CAD pair did very little during the session on Monday, but when he did do was prove that the 1.04 level is going to be supportive again. After all, we did form a hammer, which is...

GBP/USD Forecast November 5, 2013, Technical Analysis

by FX Empire | November 5, 2013 3:12 am
The GBP/USD pair rose during the session on Monday, as the 0.59 level offered support. As far as we’re concerned, if we can get above the 1.6050 level, this market will continue higher and aim for the...

EUR/USD Forecast November 5, 2013, Technical Analysis

by FX Empire | November 5, 2013 3:11 am
The EUR/USD pair fell initially during the session on Monday, but found supportive action at the 1.35 region. This area has been important several times in the past, and as a result the market looks ready to...