USD/CAD Forecast December 23, 2015, Technical Analysis

by FX Empire | December 23, 2015 5:57 am
The USD/CAD pair went back and forth during the course of the session on Tuesday, as we continue to meander just below the 1.40 level. We believe that a break above this level is a significant move...

GBP/USD Forecast December 23, 2015, Technical Analysis

by FX Empire | December 23, 2015 5:56 am
The GBP/USD pair fell during the course of the session on Tuesday, breaking down to a fresh, new low. As we approach the 1.48 level, there might be a little bit of psychological support, but ultimately this...

EUR/USD Forecast December 23, 2015, Technical Analysis

by FX Empire | December 23, 2015 5:55 am
The EUR/USD pair broke higher during the course of the session on Tuesday, as we continue to grind a bit higher. This is a market that’s been consolidating though, and we believe it is essentially stuck between...

AUD/USD Forecast December 23, 2015, Technical Analysis

by FX Empire | December 23, 2015 5:55 am
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a bit of a shooting star. Because of this, we feel that the Australian dollar should...

USD/JPY Forecast December 22, 2015, Technical Analysis

by FX Empire | December 22, 2015 6:13 am
The USD/JPY pair went back and forth during the course of the day on Monday, hovering around the 121 handle. While the candle does look a bit negative, the reality is that there is a significant amount...

USD/CAD Forecast December 22, 2015, Technical Analysis

by FX Empire | December 22, 2015 6:12 am
The USD/CAD pair went back and forth during the day on Monday, touching the 1.40 level again. However, that area continues to elude the bullish traders out there, so having said that it looks as if we...

GBP/USD Forecast December 22, 2015, Technical Analysis

by FX Empire | December 22, 2015 6:12 am
The GBP/USD pair tried to rally initially during the day on Monday, but struggled at the 1.49 level as we turned around and form a fairly bearish looking candle. Ultimately, we believe that every time this market...

EUR/USD Forecast December 22, 2015, Technical Analysis

by FX Empire | December 22, 2015 6:11 am
The EUR/USD pair rose during the course of the day on Monday, as the market broke back above the 1.09 level. Ultimately, we feel that this market is simply consolidating between the 1.08 level on the bottom,...

AUD/USD Forecast December 22, 2015, Technical Analysis

by FX Empire | December 22, 2015 6:10 am
The AUD/USD pair broke higher during the course of the day on Monday, but only and a fairly lackluster manner. We believe that this market will be fairly quiet over the next couple of days so quite...

USD/JPY Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 3:01 pm
The USD/JPY pair fell significantly during the course of the session on Friday, breaking down below the bottom of the shooting star that formed on Thursday. However, we see plenty of support just below, so having said...