USD/JPY Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:45 am
The USD/JPY pair rose during the session on Monday, banging into the 115 level. The pair has been very bullish lately, and we think this should continue. We recognize that the level should be resistive, but also...

USD/CAD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:44 am
The USD/CAD pair bounced off the 1.13 level during the session on Monday, as the market went higher. That being the case, the market seems as if it’s ready to go much higher and we do recognize...

GBP/USD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:44 am
The GBP/USD pair broke down during the course of the day on Monday, as we continue the downtrend. The downtrend has been fairly strong, and we have broken down below significant support. Because of this, we feel...

EUR/USD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:43 am
The EUR/USD pair fell during the session on Monday, as the 1.25 level has offered significant resistance, as the market continues to struggle. We believe that this market should then go to the 1.2050 handle, which is...

AUD/USD Forecast November 11, 2014, Technical Analysis

by FX Empire | November 11, 2014 5:43 am
The AUD/USD pair fell during the course of the day on Monday, testing the 0.86 level. This market looks like it’s ready to go lower as we have turned back around in the vicinity of what looks...

USD/JPY Forecast November 10, 2014, Technical Analysis

by FX Empire | November 8, 2014 9:32 am
The USD/JPY pair continues to go higher, as we are fighting with the 115 level. We believe the pullbacks at this point time should be buying opportunities as the market continues to strive higher. We also believe...

USD/CAD Forecast November 10, 2014, Technical Analysis

by FX Empire | November 8, 2014 9:31 am
The USD/CAD pair broke higher during the course of the session on Friday, but still remains a bit capped in this area. We believe that the 1.15 level will eventually break out and above though, and with...

EUR/USD Forecast November 10, 2014, Technical Analysis

by FX Empire | November 8, 2014 9:29 am
The EUR/USD pair fell hard during the session on Friday, breaking down below the 1.24 level. With that being the case, look like the sellers are in complete control and we should continue to go much lower....

AUD/USD Forecast November 10, 2014, Technical Analysis

by FX Empire | November 8, 2014 9:28 am
The AUD/USD pair fell during the course of the session here on Friday, but continues to offer a “one-way trade. With that being the case, we feel that eventually the market will head to the 0.80 handle,...

USD/JPY Forecast November 7, 2014, Technical Analysis

by FX Empire | November 7, 2014 7:05 am
The USD/JPY pair broke higher during the course of the day on Thursday, slicing through the 115 level. However, we are still in the midst of the shooting star from the Wednesday session, so we have not...