USD/CAD Forecast January 28, 2015, Technical Analysis

by FX Empire | January 28, 2015 6:29 am
The USD/CAD pair fell during the course of the day on Tuesday, breaking the back of a hammer from Monday. That essentially makes the hammer from Monday a “handyman”, which of course is a very bearish sign....

GBP/USD Forecast January 28, 2015, Technical Analysis

by FX Empire | January 28, 2015 6:28 am
The GBP/USD pair broke higher during the course of the session on Tuesday, testing the 1.52 level. We believe that this market is still consolidating, so therefore we are not willing to buy it into we get...

EUR/USD Forecast January 28, 2015, Technical Analysis

by FX Empire | January 28, 2015 6:27 am
The EUR/USD pair broke higher during the course of the session on Tuesday as the Core Durable Goods Orders number came out light in the United States. Because of this, the US dollar sold off and the...

AUD/USD Forecast January 28, 2015, Technical Analysis

by FX Empire | January 28, 2015 6:26 am
The AUD/USD pair tried to break higher during the course of the session on Tuesday, but as you can see struggled at the 0.80 level. That area was once massive support, and the fact that we have...

USD/JPY Forecast January 27, 2015, Technical Analysis

by FX Empire | January 27, 2015 6:12 am
The USD/JPY pair broke higher during the course of the day, but still remains within the consolidation area of that we have been in for some time. With that, we believe that the market still continues look...

USD/CAD Forecast January 27, 2014, Technical Analysis

by FX Empire | January 27, 2015 6:11 am
The USD/CAD pair initially fell during the course of the session on Monday, but as you can see bounced enough to form a hammer. That hammer of course suggests that the market is ready to go higher,...

GBP/USD Forecast January 27, 2015, Technical Analysis

by FX Empire | January 27, 2015 6:10 am
The GBP/USD pair broke higher during the course of the session on Monday, as the 1.50 level looks a bit like a springboard. The spring board should send this market looking for the 1.53 handle, as it...

EUR/USD Forecast January 27, 2015, Technical Analysis

by FX Empire | January 27, 2015 6:09 am
The EUR/USD pair broke higher during the course of the day on Monday after initially gapping lower. This shows that the market is ignoring the Greek elections for the time being, and that we more than likely...

AUD/USD Forecast January 27, 2015, Technical Analysis

by FX Empire | January 27, 2015 6:09 am
The AUD/USD pair broke higher during the course of the session on Monday after initially gapping lower, but still has to deal with the 0.80 level above, which was once massively supportive. With that being the case,...

USD/JPY Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:52 am
The USD/JPY pair fell initially during the course of the session on Friday, but remains within the same the consolidation area that we have been in for the entire week. Ultimately, we believe that this pair will...