USD/CAD Forecast January 26, 2016, Technical Analysis

by FX Empire | January 26, 2016 7:23 am
The USD/CAD pair initially tried to rally during the course of the day on Monday, as the markets are starting to show signs of continuing the longer-term uptrend. The 1.45 level above will be targeted, and as...

GBP/USD Forecast January 26, 2016, Technical Analysis

by FX Empire | January 26, 2016 7:22 am
The GBP/USD pair fell during the day on Monday, forming a slightly bearish candle. However, we have a longer-term downtrend anyway, so quite frankly we believe that this market will continue to fall. A break down below...

EUR/USD Forecast January 26, 2016, Technical Analysis

by FX Empire | January 26, 2016 7:22 am
The EUR/USD pair rose a bit during the course of the day on Monday, as the 1.08 level continues offer support. We believe that ultimately this market will probably try to go higher but it will simply...

AUD/USD Forecast January 26, 2016, Technical Analysis

by FX Empire | January 26, 2016 7:20 am
The AUD/USD pair fell slightly during the course of the day on Monday as we continue to see a lot of interest in the market at the 0.70 level. This area also features the 38.2% Fibonacci retracement...

USD/JPY Forecast January 25, 2016, Technical Analysis

by FX Empire | January 23, 2016 5:54 am
The USD/JPY pair broke higher during the day on Friday, clearing the 118.50 level. In fact, we went above there and closed at the very top of the range which of course is a very bullish sign....

USD/CAD Forecast January 25, 2016, Technical Analysis

by FX Empire | January 23, 2016 5:53 am
The USD/JPY pair fell significantly during the course of the session on Friday, as we continue to see bearishness in this market. However, the longer-term trend is most certainly positive, and even though oil markets have rallied,...

GBP/USD Forecast January 25, 2016, Technical Analysis

by FX Empire | January 23, 2016 5:52 am
The GBP/USD pair rallied during the session on Friday, but did struggle little bit towards the end of the day in order to form a somewhat exhaustive candle. This exhaustive candle suggests that perhaps we could pullback...

EUR/USD Forecast January 25, 2016, Technical Analysis

by FX Empire | January 23, 2016 5:51 am
The EUR/USD pair initially tried to rally during the day on Friday but turned back around and crashed into the 1.08 level. Because of this, we feel that this market simply isn’t ready to make any serious...

AUD/USD Forecast January 25, 2016, Technical Analysis

by FX Empire | January 23, 2016 5:51 am
The AUD/USD pair initially rallied during the course of the session on Friday but turned back around and form a perfect shooting star. On top of that, it is right at the 0.70 level, so it is...

USD/JPY Forecast January 22, 2016, Technical Analysis

by FX Empire | January 22, 2016 7:50 am
The USD/JPY pair fell initially on Thursday, but turned back around to form a somewhat supportive candle. However, we still see a significant amount of resistance at the 118.50 level above, so we are not ready to...