EUR/USD Forecast April 27, 2015, Technical Analysis

by FX Empire | April 25, 2015 10:18 am
The EUR/USD pair rose during the session on Friday, breaking above the 1.08 level. However, we see a significant amount resistance all the way to the 1.10 handle, so we are not too enthused about going long...

AUD/USD Forecast April 27, 2015, Technical Analysis

by FX Empire | April 25, 2015 10:18 am
The AUD/USD pair went higher during the course of the day on Friday, but as you can see struggled at the 0.7850 region yet again. Ultimately, this is a pair that looks like it’s trying to break...

USD/JPY Forecast April 24, 2015, Technical Analysis

by FX Empire | April 24, 2015 5:47 am
The USD/JPY pair initially rallied during the course of the session on Thursday, and then turned around to fall. By doing so, it looks like we should find some type of value below, and a supportive candle...

USD/CAD Forecast April 24, 2015, Technical Analysis

by FX Empire | April 24, 2015 5:46 am
The USD/CAD pair fell hard during the session on Thursday, testing the bottom of the hammer that had originally caused this market to bounce. We find interesting about this pair is that the US dollar was beat...

GBP/USD Forecast April 24, 2015, Technical Analysis

by FX Empire | April 24, 2015 5:44 am
The GBP/USD pair fell initially during the course of the session on Thursday, dipping below the 1.50 handle. However, the market turned back around and shot straight up in order to form a nice-looking hammer. This hammer...

EUR/USD Forecast April 24, 2015, Technical Analysis

by FX Empire | April 24, 2015 5:43 am
The EUR/USD pair initially fell during the session on Thursday, but then shot straight up. However, we are approaching the 100 day exponential moving average, and we recognize that there is a significant amount resistance all the...

AUD/USD Forecast April 24, 2015, Technical Analysis

by FX Empire | April 24, 2015 5:42 am
The AUD/USD pair initially fell during the day on Thursday, but turned back around to form a rather positive looking candle. With this, we believe that the market should continue to go higher, but there is a...

AUDNZD Reversal Signal (Apr 24, 2015)

by Kate Curtis | April 24, 2015 5:19 am
AUDNZD formed a reversal pattern on its 4-hour chart, hinting that the long-term downtrend might soon turn. Price has already broken past the neckline around the 1.0200 major psychological resistance and seems poised for more gains. The...

USD/JPY Forecast April 23, 2015, Technical Analysis

by FX Empire | April 23, 2015 5:55 am
The USD/JPY pair initially fell during the session on Wednesday, but found enough support below to turn things back around and form a bit of a hammer. Because of this, the market looks as if it is...

USD/CAD Forecast April 23, 2015, Technical Analysis

by FX Empire | April 23, 2015 5:54 am
The USD/CAD pair fell slightly during the session on Wednesday, but we continue to consolidate overall. Because of this, the market looks as if it’s simply going to be a place of the dead money. With that,...