GBP/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:09 pm
The GBP/USD pair broke higher during the course of the day on Friday, clearing the 1.52 level. We believe now that this pair will more than likely reach towards the 1.53 handle given enough time, and eventually...

EUR/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:08 pm
The EUR/USD pair looks as if we are trying to build up enough momentum to continue going higher, which of course would be a very positive sign. If we can get above the 1.11 level, we feel...

AUD/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:07 pm
The AUD/USD pair initially tried to rally, but then turned back around to form a rather negative candle. The 0.72 level below was tested, and as a result it appears that the market could eventually break down...

USD/JPY Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:54 am
The USD/JPY pair fell slightly during the course of the day on Thursday as we continue to grind lower. However, we had suggested yesterday that we are simply sitting on the sidelines and waiting for support in...

USD/CAD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:51 am
The USD/CAD pair initially fell during the day on Thursday but found enough support yet again to turn things around and form a rather bullish looking candle. In fact, we are testing the highs and it’s only...

GBP/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:50 am
The GBP/USD pair had a pretty volatile session during the day on Thursday, initially falling all the way back down to the 1.51 level. However, by the time the day started to get close to closing, we...

EUR/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:46 am
The EUR/USD pair fell during the day on Thursday, as we slammed into the 1.10 handle. This is an area that should be resistive due to the fact that we have a nice cluster extending all the...

AUD/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:45 am
The AUD/USD pair rose slightly during the course of the day on Thursday, but turned back around to form a bit of a shooting star. We believe that the Australian dollar will continue to struggle, as evident...

AUDUSD Broken Trend Line Retest (Dec 11. 2015)

by Kate Curtis | December 11, 2015 3:26 am
AUDUSD recently made a strong downside break from its ascending trend line connecting the recent lows on the 4-hour time frame. This suggests that a reversal is in order, after price completes its pullback to the broken...

USD/JPY Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:48 am
The USD/JPY pair broke down significantly during the course of the day on Wednesday, finally cracking the bottom of the recent consolidation area that has been intact for a couple of months now. However, we think there...