USD/CAD Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:51 am
The USD/CAD pair went back and forth during the course of the session on Friday, struggling to continue going higher as the 1.25 level has offered a bit of resistance. That level needs to be broken above...

GBP/USD Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:50 am
The GBP/USD pair went back and forth during the course of the session on Friday, testing the 1.50 level. However, we did form a little bit of a supportive candle, so if we break the top of...

EUR/USD Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:50 am
The EUR/USD pair initially fell during the course of the session on Friday, crashing into the 1.11 handle. However, we ended up finding enough support down there to turn things back around and form a hammer, thereby...

AUD/USD Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:49 am
The AUD/USD pair fell during the course of the session on Friday, but most importantly broke down below the 0.80 handle. That being the case, it appears the market is ready to continue falling, and perhaps head...

USD/JPY Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:50 am
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support to turn things back around and form a hammer for the second day in a row. Ultimately, the market should...

USD/CAD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:49 am
The USD/CAD pair did very little during the session on Thursday, which actually is a good sign considering that it had been so impulsive beforehand. In other words, we did not pullback after that massive move higher....

GBP/USD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:49 am
The GBP/USD pair initially tried to rally during the course of the session on Thursday, but fell and crashed down towards the 1.50 level. This is a major support area, so we need to see some type...

EUR/USD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:48 am
The EUR/USD pair fell during the course of the session on Thursday, crashing through the 1.15 level again and making a fresh new low. This of course has a lot to do with the fact that the...

AUD/USD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:47 am
The AUD/USD pair tried to rally during the course of the session on Thursday, but could not keep the gains in ended up forming a shooting star. This of course is a very negative sign but we...

USD/JPY Forecast January 22, 2015, Technical Analysis

by FX Empire | January 22, 2015 5:30 am
The USD/JPY pair went back and forth during the course of the day on Wednesday, ultimately forming a hammer. We ended up closing with that hammer and it suggests that we may head back towards the 120...