USD/CAD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:51 am
The USD/CAD pair initially fell during the day on Thursday but found enough support yet again to turn things around and form a rather bullish looking candle. In fact, we are testing the highs and it’s only...

GBP/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:50 am
The GBP/USD pair had a pretty volatile session during the day on Thursday, initially falling all the way back down to the 1.51 level. However, by the time the day started to get close to closing, we...

EUR/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:46 am
The EUR/USD pair fell during the day on Thursday, as we slammed into the 1.10 handle. This is an area that should be resistive due to the fact that we have a nice cluster extending all the...

AUD/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:45 am
The AUD/USD pair rose slightly during the course of the day on Thursday, but turned back around to form a bit of a shooting star. We believe that the Australian dollar will continue to struggle, as evident...

USD/JPY Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:48 am
The USD/JPY pair broke down significantly during the course of the day on Wednesday, finally cracking the bottom of the recent consolidation area that has been intact for a couple of months now. However, we think there...

USD/CAD Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:42 am
The USD/CAD pair initially fell during the day on Wednesday, but found more than enough support as the 1.35 level is now offering support. It was previous resistance, so this goes well with common technical analysis theories,...

GBP/USD Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:41 am
The GBP/USD pair broke higher during the course of the day on Wednesday as we used of the 1.50 level as a bit of a springboard. We broke above the top of the hammer from the previous...

EUR/USD Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:41 am
The EUR/USD pair rose during the course of the session on Wednesday, slamming into the 1.10 level. There is a significant amount of noise just above though, so we are actually going to be very patient and...

AUD/USD Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:40 am
The AUD/USD pair went back and forth during the day on Wednesday, but pierced below the bottom of the hammer from Tuesday which of course is a fairly negative sign. Nonetheless, we are not sellers until we...

USD/JPY Forecast December 9, 2015, Technical Analysis

by FX Empire | December 9, 2015 7:47 am
The USD/JPY pair initially fell during the day on Tuesday, but bounced slightly form a bit of a hammer. Ultimately though, we are still very much in the previous consolidation area, so it’s a bit difficult to...