USD CAD Forecast February 3, 2015, Technical Analysis

by FX Empire | February 3, 2015 11:17 am
The USD/CAD pair broke down during the course of the day on Monday as oil markets rebounded a bit. However, the 1.25 level below should be rather supportive, so we are looking for some type of supportive...

USD JPY Forecast February 3, 2015, Technical Analysis

by FX Empire | February 3, 2015 11:16 am
The USD/JPY pair initially fell during the course of the day on Monday, but found support yet again in order to continue consolidating going forward. That being the case, we feel that the market is essentially one...

GBP USD Forecast February 3, 2015, Technical Analysis

by FX Empire | February 3, 2015 11:15 am
The GBP/USD pair fell during the course of the session on Monday, but found the 1.50 level to be supportive enough to cause a little bit of a bounce again. With that being the case, we feel...

EUR USD Forecast February 3, 2015, Technical Analysis

by FX Empire | February 3, 2015 11:15 am
The EUR/USD pair did very little during the session on Monday, but continues to essentially grind its way sideways, as the market has no idea what to do at this point. The 1.14 level continues to be...

USD/JPY Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:52 pm
The USD/JPY pair broke down during the session on Friday but remains within the consolidation of area that we have been in for some time now. Because of this, we have no interest in trading this pair,...

USD/CAD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:51 pm
The USD/CAD pair broke higher during the course of the session on Friday, but turned back around and give up about half of the gains. Ultimately, the market ended up forming a shooting star, which of course...

GBP/USD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:51 pm
The GBP/USD pair fell during the beginning of the session on Friday, bouncing off of the 1.50 level. That being the case, we bounced enough to form a hammer, and it now looks as if we are...

EUR/USD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:50 pm
The EUR/USD pair did very little during the session on Friday, as we continued to grind sideways as we have seen over the last several sessions. That being the case, it looks like the market is ready...

AUD/USD Forecast February 2, 2015, Technical Analysis

by FX Empire | January 31, 2015 12:50 pm
The AUD/USD pair initially fell during the day on Friday, but found a bit of support to turn things back around and form a hammer. This hammer is not reason to start buying now, but rather suggests...

USD/JPY Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:58 am
The USD/JPY pair initially fell during the course of the session on Thursday, but found support below again to continue to consolidate in the same general vicinity that we have been in for the last two weeks....