USD/CAD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:57 am
The USD/CAD pair broke higher during the course of the session on Thursday, cleanly breaking well above the 1.25 handle. With the oil markets looking is soft as they do, the Bank of Canada surprising the market...

GBP/USD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:57 am
The GBP/USD pair fell during the course of the session on Thursday, testing the 1.50 level yet again. That being the case it looks like we are going to continue to consolidate, but we will be paying...

EUR/USD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:56 am
The EUR/USD pair initially tried to break higher during the course of the session on Thursday, but turned back around as the Euro continues to suffer overall. We believe that this market will continue to drift lower,...

AUD/USD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:55 am
The AUD/USD pair continued to fall during the session on Thursday, as we have now significantly broken below the 0.80 handle. We believe that this market will then head to the 0.75 handle, and that rallies going...

USD/JPY Forecast January 29, 2015, Technical Analysis

by FX Empire | January 29, 2015 6:19 am
The USD/JPY pair initially broke down during the course of the day on Wednesday, but we remain within the consolidation area that we have been stuck in for a couple of weeks now. Ultimately, the market should...

USD/CAD Forecast January 29, 2015, Technical Analysis

by FX Empire | January 29, 2015 6:18 am
The USD/CAD pair went back and forth during the course of the session on Wednesday, as the market continues to try to come up with enough momentum to break above the 1.25 handle. With that, we are...

GBP/USD Forecast January 29, 2015, Technical Analysis

by FX Empire | January 29, 2015 6:17 am
The GBP/USD pair initially broke higher during the course of the session on Wednesday, but struggled a just below the 1.52 level. That area of course has offered resistance recently, so we can break the bottom of...

EUR/USD Forecast January 29, 2015, Technical Analysis

by FX Empire | January 29, 2015 6:17 am
The EUR/USD pair went back and forth during the course of the day on Wednesday, essentially doing nothing. With that being the case, we believe that the 1.15 level above is massively resistive, and we are looking...

AUD/USD Forecast January 29, 2015, Technical Analysis

by FX Empire | January 29, 2015 6:16 am
The AUD/USD pair continues to hang about the 0.80 handle, as the market suggests that the Australian dollar will more than likely continue to soften. With that, we feel that the market can be sold on resistive...

USD/JPY Forecast January 28, 2015, Technical Analysis

by FX Empire | January 28, 2015 6:31 am
The USD/JPY pair fell during the majority of the session on Tuesday, but found enough support near the 117.25 level to bounce slightly. Ultimately, this looks like a market that is ready to continue grinding sideways, so...