USD/JPY Forecast January 9, 2014, Technical Analysis
The USD/JPY pair has been one that we been very bullish of for a significant amount of time now, and as you can see it has enjoyed a nice rally since the beginning of November. That being...
Author: FX Empire
USD/CAD Forecast January 9, 2014, Technical Analysis
The USD/CAD pair rose during the session on Wednesday, breaking above the 1.08 handle for the first time in ages. This market appears like it’s ready to continue going higher, and therefore we are looking for short-term...
GBP/USD Forecast January 9, 2014, Technical Analysis
The GBP/USD pair rose during the session on Wednesday as we approach the 1.65 handle again. This is an area that we think will be overcome sooner or later, but do recognize the fact that the large,...
EUR/USD Forecast January 9, 2014, Technical Analysis
EUR/USD pair fell during the session on Wednesday, testing the 1.3550 level again. There is a significant cluster in this area from the end of November that we think will continue to offer a bit of support,...
AUD/USD Forecast January 9, 2014, Technical Analysis
The AUD/USD pair try to rally during the session on Wednesday, but as you can see fell after doing so. The resulting candle is a shooting star, and this of course suggests that the market is going...
USD/JPY Forecast January 8, 2014, Technical Analysis
The USD/JPY pair rose during the session on Tuesday, reversing the losses that we had seen on Monday. That being the case, looks like the market is going to continue to bounce around the 105 level, and...
USD/CAD Forecast January 8, 2014, Technical Analysis
The USD/CAD pair had a very positive session on Tuesday, finally breaking well above the 1.0725 level. This is the area that we’ve talked about for some time has been absolutely vital for the buyers to break...
GBP/USD Forecast January 8, 2014, Technical Analysis
The cable pair fell slightly during the session on Tuesday, testing the support that had been shown from the Monday session in the form of a hammer. This hammer of course suggests that the market is supported...
EUR/USD Forecast January 8, 2014, Technical Analysis
The EUR/USD pair went back and forth on Tuesday, ultimately settling into a slightly negative candle. This market continues to show that there is support at the 1.36 region, and therefore we feel that the market will...
AUD/USD Forecast January 8, 2014, Technical Analysis
The AUD/USD pair fell during the session on Tuesday, showing significant resistance near the 0.90 handle. That being the case, the market looks like it’s going to struggle in that general vicinity, and as a result we...