USD/CAD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:09 am
The USD/CAD pair went back and forth during the course of the day on Wednesday as we got employment numbers out of both the United States and Canada. Because of this, the market would always be volatile...

GBP/USD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:08 am
The GBP/USD pair fell slightly during the course of the session on Friday, as we collected some of the gains from the Thursday session. Ultimately though, we recognize that the market had a very bullish run recently,...

EUR/USD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:08 am
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance. On top of that, the 1.10 level above is a large,...

AUD/USD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:07 am
The AUD/USD pair went back and forth during the course of the day on Friday, testing the 0.74 level. We ultimately pulled back to form a bit of a neutral candle, but the range is getting wider...

USD/JPY Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:50 am
The USD/JPY pair fell apart during the day on Thursday as we sell broad US dollar selling. However, this was predicated mainly upon the European Central Bank not offering as much stimulus as anticipated, and as a...

USD/CAD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:50 am
The USD/CAD pair tried to rally during the course of the day on Thursday, but turned back around to give up about half of the gains. Ultimately though, the thing that we know about this particular pair...

GBP/USD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:49 am
The GBP/USD pair initially fell during the day on Thursday but then shot right through the 1.50 level like it wasn’t even there. As we started to close towards the end of the day, we are starting...

EUR/USD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:49 am
The EUR/USD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle. This was in reaction to...

AUD/USD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:48 am
The AUD/USD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar. We are approaching the 0.74 level though, and that is an area that...

USD/JPY Forecast December 2, 2015, Technical Analysis

by FX Empire | December 2, 2015 6:32 am
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but pulled back at the 123 level as we sell quite a bit of resistance. Ultimately, this market is consolidating and we...