USD/CAD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:57 am
The USD/CAD pair fell during the course of the day on Thursday, but found the 1.16 level be somewhat supportive. Ultimately though we feel that this market should continue to go higher. Because of this, we feel...

GBP/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:56 am
The GBP/USD pair as you can see initially fell during the session on Thursday, but turned back around to climb and continue to consolidate in the same general area we have been in for some time. Because...

EUR/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:56 am
The EUR/USD pair broke down during the session on Thursday, testing the 1.2250 region. Because of this, we feel that the market will more than likely try to break down given enough time, but it’s difficult to...

AUD/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:55 am
The AUD/USD pair as you can see initially went higher during the course of the session on Thursday, but we feel that the sellers above of course should continue to punish the Australian dollar as not only...

USD/JPY Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:13 am
The USD/JPY pair broke a little bit higher during the session on Wednesday, but as you can see is struggling just above the 117.50 level. With that being the case, we are buyers of this pair on...

USD/CAD Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:12 am
The USD CAD pair fell rather significantly during the session on Wednesday, but as you can see turned back around and formed a massive hammer. The hammer of course suggests that the market is going to go...

GBP/USD Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:12 am
The GBP/USD pair fell during the session on Wednesday, but for the third day in a row found support below. We ended up bouncing and forming a nice-looking hammer, and that of course suggests that the buyers...

EUR/USD Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:11 am
The EUR/USD pair fell during the session on Wednesday, as the 1.25 level has offered resistance yet again. The fall was rather significant, so we feel that we were probably heading back to the bottom of the...

AUD/USD Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:05 am
The AUD/USD pair rose during the course of the day on Wednesday, bouncing slightly and breaking above the 0.82 level at one point. However, we think that any rally at this point in time should be a...

USD/JPY Forecast December 17, 2014, Technical Analysis

by FX Empire | December 17, 2014 5:29 am
The USD/JPY pair fell hard during the course of the session on Tuesday, but found enough support just above the 115 level to form a little bit of a hammer. That being the case, we feel that...