EUR/USD Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:07 am
The EUR/USD pair initially fell during the session on Thursday, but bounced hard enough to test the 1.35 handle by the end of the day. This market will continue to go back and forth, but we feel...

AUD/USD Forecast November 22, 2013, Technical Analysis

by FX Empire | November 22, 2013 5:05 am
The AUD/USD pair fell during the session on Thursday, but as you can see bounced slightly from the very lows. Nonetheless, we are closing below the 0.9250 handle, and as a result a break of the lows...

USD/JPY Forecast November 21, 2013, Technical Analysis

by FX Empire | November 21, 2013 9:14 am
The USD/JPY pair fell during the session on Wednesday, but bounced enough to form a hammer just below the 100 level. With that being the case, it appears the market is still trying to form a little...

USD/CAD Forecast November 21, 2013, Technical Analysis

by FX Empire | November 21, 2013 9:13 am
The USD/CAD pair went back and forth during the session on Wednesday, showing real indecisiveness in this marketplace. The market has a 100 PIP range roughly at this point time, and that being the case the market...

GBP/USD Forecast November 21, 2013, Technical Analysis

by FX Empire | November 21, 2013 9:12 am
The GBP/USD pair attempted to rally during the session on Wednesday, but as you can see failed just below the 1.62 handle in order to turn around and form a shooting star. The shooting star is right...

AUD/USD Forecast November 21, 2013, Technical Analysis

by FX Empire | November 21, 2013 9:12 am
The AUD/USD pair fell hard during the session on Wednesday, breaking the bottom of the range that we saw during the Tuesday session. As we plow into the supportive area though, we still have to get below...

EUR/USD Forecast November 21, 2013, Technical Analysis

by FX Empire | November 21, 2013 9:11 am
The EUR/USD pair fell during the session on Wednesday, as it was revealed that the ECB could do a small rate cut if needed in the future. Because of this, and appears of the Euro will continue...

NZD/USD Range Behavior (November 21, 2013)

by Kate Curtis | November 21, 2013 6:15 am
After testing .8400 resistance in the past few weeks, NZD/USD looks ready to head back to the bottom of its range, as seen on the 1-hour time frame. There’s support at the .8200 major psychological level, which...

AUD/USD Head and Shoulders Forming? (November 20, 2013)

by Kate Curtis | November 20, 2013 6:30 am
AUD/USD has just come off a strong selloff and looks ready to make a pullback to the Fibonacci retracement levels marked on the 4-hour time frame. It seems that the right shoulder on the potential head and...