USD/CAD Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:44 am
The USD/CAD pair fell during the course of the session on Wednesday, but found enough support below the 1.16 level to turn things back around and form a hammer. With that being the case, it appears of...

GBP/USD Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:43 am
The GBP/USD pair tried to rally during the course of the day on Wednesday, but failed at the 1.56 region in turn things back around to form a shooting star. While this is a fairly negative sign,...

EUR/USD Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:43 am
The EUR/USD pair broke down during the course of the session on Wednesday, testing the 1.12 handle. That being the case, it looks like we are going to continue to go lower, probably aiming for the 1.20...

AUD/USD Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:42 am
The AUD/USD pair fell during the course of the session on Wednesday, pulling back and clearing out some of the bullish pressure that we had seen on Tuesday. With that being the case, look like the Australian...

USD/JPY Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:12 am
The USD/JPY pair fell during the bulk of the session on Tuesday, but as you can see bounced a bit towards the end of the session. Because of this, it looks like there are buyers below, and...

USD/CAD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:12 am
The USD/CAD pair fell during the bulk of the session on Tuesday, but remains within the consolidation area that we have been in for some time now. With that being the case, we are buyers on supportive...

GBP/USD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:11 am
The GBP/USD pair bounced during the session on Tuesday, using the 1.55 level as it bit of a springboard. With that being the case, looks like we’re not ready to break down below the 1.55 handle, but...

EUR/USD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:10 am
The EUR/USD pair initially tried to rally during the session on Tuesday, but struggled at the 1.22 handle. With that being the case, the market looks as if it’s ready to continue to go lower as the...

AUD/USD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:10 am
AUD/USD broke higher during the course of the session on Tuesday, showing bits of support below. We still look at this market as being very negative, but also recognize that we are getting very low as far...

USD/JPY Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:03 am
The USD/JPY pair broke higher during the course of the session on Monday, using the 120 level as support. That supportive area of course has been rather strong from time to time as both resistance and support,...