USD/CAD Forecast April 16, 2015, Technical Analysis

by FX Empire | April 16, 2015 5:36 am
The USD/CAD pair finally break out of consolidation during the day on Wednesday, slicing down to the 1.23 handle. Because of this, we feel that the market is then going to head to the 1.20 level, as...

GBP/USD Forecast April 16, 2015, Technical Analysis

by FX Empire | April 16, 2015 5:35 am
The GBP/USD pair initially fell during the session on Wednesday, but found enough momentum to the upside to break above the 1.48 handle. This of course is a significant breakout in terms of the beginning of the...

EUR/USD Forecast April 16, 2015, Technical Analysis

by FX Empire | April 16, 2015 5:35 am
The EUR/USD pair initially fell during the course of the day on Wednesday but found enough support near the 1.0550 level to turn things back around for a fairly bullish looking candle. At the end of the...

AUD/USD Forecast April 16, 2015, Technical Analysis

by FX Empire | April 16, 2015 5:34 am
The AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.77 handle again. The market couldn’t get above there, but it does look very strong as we closed towards the top of...

USD/JPY Forecast April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:40 am
The USD/JPY pair fell during the course of the session on Tuesday, breaking down below the 120 level. Because of this, looks as if the market is ready to continue dropping a little bit, but there is...

USD/CAD Forecast April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:39 am
The USD/CAD pair fell hard during the course of the session on Tuesday, breaking below the 1.25 level. With that, the market should continue to find buyers below there, and a supportive candle is reason enough to...

GBP/USD Forecast April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:37 am
The GBP/USD pair initially fell during the course of the session on Tuesday, testing the 1.46 level for support. With this, the market turned back around and Rose all the way to the 1.48 level. This was...

EUR/USD Forecast April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:35 am
The EUR/USD pair initially fell slightly during the session on Tuesday, but found the area near 1.05 as supportive. We ended up bouncing drastically from there, but found the 1.07 level above as being resistive. We believe...

AUD/USD Technical Analysis April 15, 2015, Technical Analysis

by FX Empire | April 15, 2015 5:34 am
The Aussie dollar fell initially during the course of the session on Tuesday, testing the 0.7550 handle. We turned back around to form a hammer, and a break above there would of course have this market looking...

USD/JPY Forecast April 14, 2015, Technical Analysis

by FX Empire | April 14, 2015 7:46 am
The USD/JPY pair went back and forth during a very volatile session on Monday as we continue to hover around the 120 level. Because of this, there’s not much to discern from the Monday session, other than...