USD/JPY Forecast January 15, 2014, Technical Analysis

by FX Empire | January 15, 2014 6:42 am
The USD/JPY pair rose during the session on Tuesday, breaking above the highs from the Monday session as well. This wiped out quite a bit of losses, as the market approach the 104 level. That being the...

USD/CAD Forecast January 15, 2014, Technical Analysis

by FX Empire | January 15, 2014 6:41 am
The USD/CAD pair rose during the session on Tuesday, breaking above the 1.09 handle yet again. This area has broken the top of the hammer from the Monday session as well, and as a result it looks...

GBP/USD Forecast January 15, 2013, Technical Analysis

by FX Empire | January 15, 2014 6:39 am
The GBP/USD pair when higher during the session on Tuesday, bouncing off of the 1.64 handle. This market looks like it’s ready to continue going sideways, but we do recognize the fact that the 1.65 level will...

EUR/USD Forecast January 15, 2014, Technical Analysis

by FX Empire | January 15, 2014 6:38 am
The EUR/USD pair did very little during the session on Tuesday, essentially banging around back and forth to end up where we started. The market appears to be somewhat supported in this area though, and the action...

AUD/USD Forecast January 15, 2014, Technical Analysis

by FX Empire | January 15, 2014 6:37 am
The AUD/USD pair fell hard during the session on Tuesday, breaking back below the 0.90 handle. We had suggested that the breakout above that level might have been a bit of a “false breakout”, so this move...

USD/JPY Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:21 am
The USD/JPY pair fell during the day on Monday, testing the 103 level for support. This is an area that begins a significant amount of support all the way down to the 102.50 level, so some type...

USD/CAD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:20 am
The USD/CAD pair fell during the session on Monday, slamming into the 1.0850 level, from which it started on Friday. That being the case, it appears of this market could continue to fall from here, but we...

GBP/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:18 am
In the GBP/USD pair on Monday, we saw considerable weakness. However, the 1.6350 level acted as support yet again, and therefore kept the sellers in check. With that being the case, it appears that the market could...

EUR/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:16 am
The EUR/USD pair tried to fall during the session on Monday, but as you can see enough buyers stepped into the market to force the market to bounce. This bounce is a continuation of the bouncer we...

AUD/USD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:16 am
The AUD/USD pair rose during the session on Monday, breaking above the 0.90 handle, which of course is impressive. However, we have stated recently that we are a bit leery of going long of this market until...