USD/CAD Forecast January 20, 2016, Technical Analysis

by FX Empire | January 20, 2016 5:59 am
The USD/CAD pair fell initially during the day on Tuesday but found enough support below the 1.45 level to turn things back around and form a bit of a hammer. The hammer of course is a very...

GBP/USD Forecast January 20, 2016, Technical Analysis

by FX Empire | January 20, 2016 5:58 am
The GBP/USD pair initially tried to rally during the course of the day on Tuesday, but turned back around and fall significantly. We still believe that this market is going to eventually reach towards the 1.40 level,...

EUR/USD Forecast January 20, 2016, Technical Analysis

by FX Empire | January 20, 2016 5:57 am
The EUR/USD pair initially fell during the course of the session on Tuesday, but turned back around to form a rather positive candle. However, there is a lot of noise between here and the 1.1050 level, which...

AUD/USD Forecast January 20, 2016, Technical Analysis

by FX Empire | January 20, 2016 5:56 am
The AUD/USD pair rose during the course of the day on Tuesday, but sees quite a bit of a resistance barrier above, and extending all the way to the 0.71 level. Because of this, we are simply...

USD/JPY Forecast January 19, 2016, Technical Analysis

by FX Empire | January 19, 2016 5:59 am
The USD/JPY pair rose slightly during the course of the session on Monday, as we continue to meander below the 118.50 level. Ultimately though, a resistive candle between here and there is will we need in order...

USD/CAD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 19, 2016 5:58 am
The USD/CAD pair had a fairly flat session during the day on Monday, testing the 1.45 level for support. This market is ultimately bullish in general as you can see, and therefore we approach the market from...

GBP/USD Forecast January 19, 2016, Technical Analysis

by FX Empire | January 19, 2016 5:58 am
The GBP/USD pair initially tried to rally during the course of the session on Monday, but then turned back around to form a shooting star. The shooting star of course signifies that perhaps the downward pressure is...

EUR/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 19, 2016 5:57 am
The EUR/USD pair initially fell during the day on Monday, but turned back around to form a bit of a hammer. Nonetheless, we are still within the consolidation area that we have been in for some time....

AUD/USD Forecast January 19, 2016, Technical Analysis

by FX Empire | January 19, 2016 5:56 am
The AUD/USD pair fell during the day on Monday, as we continue to show signs of weakness in the Australian dollar. This is mainly because the Australian dollar is a bit of a proxy for Chinese markets...

USD/JPY Forecast January 18, 2016, Technical Analysis

by FX Empire | January 17, 2016 6:01 am
The USD/JPY pair fell during the course of the session on Friday, testing the 170 level. By doing so, it looks as if we are ready to start falling again, and if we break below the bottom...