AUD/USD Forecast November 7, 2014, Technical Analysis

by FX Empire | November 7, 2014 7:02 am
The AUD/USD pair broke lower during the session on Thursday, testing the lows of the Wednesday candle. This is a market that looks like it’s ready to go down to the 0.85 handle given enough time, and...

GBPAUD Potential Pullback (Nov 7, 2014)

by Kate Curtis | November 7, 2014 5:12 am
GBPAUD recently made a strong upside break past resistance at the 1.8400 major psychological level and may be due for a retracement. The Fib levels based on the latest swing low and high on the 1-hour chart...

USD/JPY Forecast November 6, 2014, Technical Analysis

by FX Empire | November 6, 2014 8:01 am
The USD/JPY pair broke higher during the session on Wednesday, testing the 115 level. This is an area that we anticipate seeing quite a bit of resistance at, based upon the fact that it is a large,...

USD/CAD Forecast November 6, 2014, Technical Analysis

by FX Empire | November 6, 2014 7:59 am
The USD/CAD pair tried to rally during the course of the day on Wednesday, but ran into too much resistance just below the 1.15 level to turn things back around and form a perfect shooting star. We...

GBP/USD Forecast November 6, 2014, Technical Analysis

by FX Empire | November 6, 2014 7:58 am
The GBP/USD pair fell during the bulk of the session on Wednesday, but found enough support below to turn things around and form a hammer. This hammer of course suggests that there is buying pressure below, and...

EUR/USD Forecast November 6, 2014, Technical Analysis

by FX Empire | November 6, 2014 7:58 am
The EUR/USD pair broke down during the course of the day on Wednesday, slicing through the 1.25 handle. Because of this, the market looks like it’s ready to test the lows again, and eventually break down. We...

AUD/USD Forecast November 6, 2014, Technical Analysis

by FX Empire | November 6, 2014 7:57 am
The AUD/USD pair broke down during the session on Wednesday, breaking below the fresh lows and signifying that the market should head down to the 0.85 handle. With that being the case, we are very bearish of...

GBPUSD Support Turned Resistance (Nov 6, 2014

by Kate Curtis | November 6, 2014 4:45 am
GBPUSD has recently broken below a significant support level, a sign that further losses could be in the cards. After dipping close to the 1.5850 minor psychological support, price has pulled up for a retest of the...

USDCAD Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:21 am
USDCAD remains in uptrend from 1.1121, the fall from 1.1466 is likely consolidation of the uptrend. Support is at 1.1330, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDCHF Daily Analysis – November 6, 2014

by ForexCycle.com | November 6, 2014 3:19 am
After touching 0.9687 resistance, USDCHF pulled back from 0.9689. However, the fall is likely consolidation of the uptrend from 0.9370, as long as the channel support holds, the uptrend could be expected to resume, and another rise...