Sponsors

Daily Forex Reports


USD/CAD Forecast December 5, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 05 December 2014 08:08 UTC
USD/CAD pair went back and forth during the session on Thursday, as we continue to meander just above the 1.13 region. The fact that both of these countries release employment numbers today suggests that we will have plenty of volatility, but a lot of traders will not be willing to step into this ma ...

GBP/USD Forecast December 5, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 05 December 2014 08:07 UTC
The GBP/USD pair went back and forth during the course of the session on Thursday as we continue to meander in this consolidation area. We believe that it’s only a matter of time before the market breaks out, but we need to see some type of larger move. Right now this is simply a back-and-forth ty ...

EUR/USD Forecast December 5, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 05 December 2014 08:06 UTC
The EUR/USD pair tried to rally during most of the day on Thursday, but as you can see struggled as we get close to the 1.25 handle. Because of this, we did of giving up about half of the gains which of course makes sense considering that the nonfarm payroll numbers come out today. Most people will ...

AUD/USD Forecast December 5, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 05 December 2014 08:04 UTC
The AUD/USD pair went back and forth during the course of the day on Thursday, as we continue to bounce along just below the 0.84 handle. We believe that this market will eventually go lower, probably heading to the all-important 0.80 handle. In the meantime though, rallies will offer selling opport ...

USDJPY Rising Trend Line (Dec 5, 2014)

Daily Forex Reports | by Kate Curtis | Friday, 05 December 2014 03:15 UTC
USDJPY is encountering strong resistance at the 120.00 major psychological mark and may be due for a pullback soon. Price could test the rising trend line on its 1-hour chart, as this has been holding as support for the past month. The trend line is also close to the 100 simple moving average, whic ...

USD/CAD Forecast December 4, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 04 December 2014 09:05 UTC
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out on Friday, it’s very likely that this market will do nothing today as well. Bec ...

USD/CAD Forecast December 4, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 04 December 2014 09:04 UTC
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out on Friday, it’s very likely that this market will do nothing today as well. Bec ...

GBP/USD Forecast December 4, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 04 December 2014 09:03 UTC
The GBP/USD pair rose during the course of the session on Wednesday, but as you can see struggled at the top of the recent consolidation area. Because of that we feel that the market will ultimately bounce around in this general vicinity, and with an interest rate announcement coming out of Great Br ...

EUR/USD Forecast December 4, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 04 December 2014 09:02 UTC
The EUR/USD pair fell hard during the course of the session on Wednesday, as we finally broke down below the 1.2350 level, an area that has been massively supportive recently. That being the case, the market also looks as if it’s ready to go lower based upon the fact that the candle closed at the ...

AUD/USD Forecast December 4, 2014, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 04 December 2014 09:01 UTC
The AUD/USD pair tried to rally during the course of the session on Wednesday, showing the slightest possibility of going higher but since we turned back around it tells is really at this point time that the buyers simply do not have enough strength to be involved. Ultimately, we feel that the marke ...

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.