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Daily Forex Reports


USD/JPY Forecast December 22, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 21 December 2014 05:28 UTC
The USD/JPY pair as you can see rose slightly during the session after initially falling on Friday, binds going forward we feel that this market may struggle to get above the 120 level in the next couple of sessions. The reason being of course is that we have Christmas this week, so although we are ...

USD/CAD Forecast December 22, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 21 December 2014 05:27 UTC
The USD/CAD pair broke higher during the course of the day on Friday, but turned back around as we formed a shooting star. The shooting star of course signifies that the market could very well pullback and head to the 1.15 handle, where we would anticipate seen buyers step back into the marketplace. ...

GBP/USD Forecast December 22, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 21 December 2014 05:27 UTC
GBP/USD fell during the session on Friday, but still remains within the general consolidation area that we have been in for some time. With that, we feel that the market will continue to grind sideways and therefore it’s going to be difficult to trade with any type of confidence. Because of this, ...

EUR/USD Forecast December 22, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 21 December 2014 05:26 UTC
The EUR/USD pair fell during the session on Friday as you can see, making a fresh new low. Because of that, we feel that the 1.22 level will be tested to the downside, and if we break below there at that point time we feel that the 1.2050 level will in fact be targeted. This is our longer-term targe ...

AUD/USD Forecast December 22, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 21 December 2014 05:25 UTC
The AUD/USD pair broke lower during the session on Friday, testing the lows yet again. With that, it appears that the market should continue to break down a little bit, heading towards the 0.80 level. Ultimately, the markets will continue to offer selling opportunities every time they rally, as the ...

The Top 5 Forex Developments 12/15/14 – 12/19/14 – Paxforex

Daily Forex Reports | by Paxforex | Friday, 19 December 2014 16:36 UTC
Here are the Top Forex Developments for the trading week between 12/15/14 and 12/19/14: Number One: UK CPI Consumer inflation in November slowed down further as evident in the CPI report. The CPI contracted 0.3% in November and slowed down to 1.0% annualized. The annualized core CPI rose 1.2%. The ...

USD/JPY Forecast December 19, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 19 December 2014 05:58 UTC
The USD/JPY pair broke higher during the course of the session on Thursday, but failed to break out above the little bit of resistance at the 119 level. We do think that the market continues to go higher though, and as a result we buy pullbacks and we believe that the market will eventually break ab ...

USD/CAD Forecast December 19, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 19 December 2014 05:57 UTC
The USD/CAD pair fell during the course of the day on Thursday, but found the 1.16 level be somewhat supportive. Ultimately though we feel that this market should continue to go higher. Because of this, we feel that the market will continue to go higher given enough time, but recognize that we need ...

GBP/USD Forecast December 19, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 19 December 2014 05:56 UTC
The GBP/USD pair as you can see initially fell during the session on Thursday, but turned back around to climb and continue to consolidate in the same general area we have been in for some time. Because of this, we are looking for resistive candle in order to start selling again as we should simply ...

EUR/USD Forecast December 19, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 19 December 2014 05:56 UTC
The EUR/USD pair broke down during the session on Thursday, testing the 1.2250 region. Because of this, we feel that the market will more than likely try to break down given enough time, but it’s difficult to sell until we break down below that level with a significant move. Once we do, we feel th ...

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