USD/CAD Forecast January 22, 2015, Technical Analysis

by FX Empire | January 22, 2015 5:28 am
The USD/CAD pair broke higher during the course of the session on Wednesday, as the Bank of Canada cut interest rates by 0.25%, to make them now at the 0.75% level. With that being the case, the...

GBP/USD Forecast January 22, 2015, Technical Analysis

by FX Empire | January 22, 2015 5:27 am
The GBP/USD pair initially fell during the course of the day on Wednesday, but as you can see found support below to turn things back around and form a hammer. The hammer of course is a very...

EUR/USD Forecast January 22, 2015, Technical Analysis

by FX Empire | January 22, 2015 5:26 am
The EUR/USD pair broke higher during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. That shooting star of course is a negative sign...

AUD/USD Forecast January 22, 2015, Technical Analysis

by FX Empire | January 22, 2015 5:24 am
The AUD/USD pair fell hard during the session on Wednesday, testing the bottom of the consolidation region yet again. Because of this, it appears of the market is ready to continue going back and forth, and as...

USD/JPY Forecast January 21, 2015, Technical Analysis

by FX Empire | January 21, 2015 7:45 am
The USD/JPY pair broke higher during the course of the session on Tuesday, as we head towards the 119 level. We believe that the market will ultimately go to the 120 level, and perhaps even higher than...

USD/CAD Forecast January 21, 2015, Technical Analysis

by FX Empire | January 21, 2015 7:45 am
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the top of the shooting star from last week as well. We are now broken out above the 1.20 handle, which of course...

GBP/USD Forecast January 21, 2015, Technical Analysis

by FX Empire | January 21, 2015 7:44 am
The GBP/USD pair broke higher during the course of the session on Tuesday as we continue to consolidate. With that being the case, we continue to see this market bounced around and also recognize that the 1.50...

EUR/USD Forecast January 21, 2015, Technical Analysis

by FX Empire | January 21, 2015 7:43 am
The EUR/USD pair tried to break higher during the course of the session on Tuesday, but fell again and ended up forming a shooting star for the second day in a row. Because of this, it appears...

AUD/USD Forecast January 21, 2015, Technical Analysis

by FX Empire | January 21, 2015 7:42 am
The AUD/USD pair tried to rally during the course of the session on Tuesday, but fell back down as we approached the 0.82 level. That being the case, the market ended up turning back around and forming...

USD/JPY Forecast January 20, 2015, Technical Analysis

by FX Empire | January 20, 2015 8:44 am
The USD/JPY pair broke higher during the course of the session on Monday, but did not cleared the resistance that we have seen over the last several sessions. With that, if we can break above the 118...