USD/CAD Forecast January 20, 2015, Technical Analysis

by FX Empire | January 20, 2015 8:43 am
The USD/CAD pair did very little during the session on Monday which of course was not a surprise. Most of the volume in this market comes out of North America, and the fact that it was Martin...

GBP/USD Forecast January 20, 2015, Technical Analysis

by FX Empire | January 20, 2015 8:42 am
The GBP/USD pair initially tried to rally during the course of the session on Monday, but as you can see ended up forming a shooting star as we closed just below the 1.51 handle. The real support...

EUR/USD Forecast January 20, 2015, Technical Analysis

by FX Empire | January 20, 2015 8:37 am
The EUR/USD pair broke higher during the course of the day on Monday, but did not break the top of the hammer from Friday. We are essentially trying to build up enough of a bullish move to...

AUD/USD Forecast January 20, 2015, Technical Analysis

by FX Empire | January 20, 2015 8:37 am
The AUD/USD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere. It appears that the 0.82 level will continue to be resistance, but ultimately we feel that this market...

USD/JPY Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:09 am
The USD/JPY pair broke higher during the course of the session on Friday, completely wiping out the losses from Thursday. Ultimately, this shows that there is significant support at the 160 level, and as a result we...

USD/CAD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:08 am
The USD/CAD pair broke out during the session on Friday, but found enough resistance above the 1.20 level in order to turn things back around and form a shooting star. The shooting star courses negative, but at...

GBP/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:08 am
The GBP/USD pair went back and forth during the session on Friday, ultimately forming a relatively neutral candle. That being the case, the market looks as if it is still continue to find buyers down here, but...

EUR/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:07 am
The EUR/USD pair initially fell on writing, but found enough support below the 1.15 level to turn things back around and form a hammer. The hammer of course suggests that the market is ready to bounce and...

AUD/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:06 am
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support below to turn things back around and form a hammer. This coincides with the gold markets rising overall and breaking...

USD/JPY Forecast January 16, 2015, Technical Analysis

by FX Empire | January 16, 2015 6:18 am
The USD/JPY pair fell during the session on Thursday, but remained within the hammer that had formed on Wednesday. Because of this, we think that the buyers will probably step back in, but we need to see...