GBP/USD Forecast December 29, 2015, Technical Analysis

by FX Empire | December 29, 2015 8:51 am
The GBP/USD pair fell during the day on Monday, as we continue to drift lower. We believe that the market is negative overall, and as a result we are willing to sell rallies as they show signs...

EUR/USD Forecast December 29, 2015, Technical Analysis

by FX Empire | December 29, 2015 8:51 am
The EUR/USD pair did very little during the day on Monday as we approached the 1.10 resistance barrier. The 1.10 level of course is psychologically significant, so having said that it makes sense that we would struggle....

AUD/USD Forecast December 29, 2015, Technical Analysis

by FX Empire | December 29, 2015 8:50 am
The AUD/USD pair fell during the day on Monday, as we continue to go back and forth. It looks as if we are a bit exhausted, so the Australian dollar could continue to go little bit lower....

USD/JPY Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:24 pm
The USD/JPY pair fell during the course of the session on Thursday, as we continue to grind our way down to the 120 handle. Because of this, we feel it’s only a matter of time before the...

USD/CAD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:23 pm
The USD/CAD pair did very little during the session on Thursday, as we essentially formed a neutral candle. Ultimately, we believe that this market has quite a bit of bullish pressure underneath, and with this we think...

GBP/USD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:22 pm
The GBP/USD pair rose during the course of the session on Thursday, struggling at the 1.49 area. However, this market looks as if it will have to make some type of decision soon, so we are very...

EUR/USD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:21 pm
The EUR/USD pair broke higher during the course of the session on Thursday, and now looks set to test the 1.10 level yet again. This is an area that should cause quite a bit of resistance anyway,...

AUD/USD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:20 pm
The AUD/USD pair rose during the course of the day on Thursday, but gave back about half of the gains during the session. With that, the market looks as if it could very well pullback from here,...

USD/JPY Forecast December 24, 2015, Technical Analysis

by FX Empire | December 24, 2015 5:54 am
The USD/JPY pair did very little during the day on Wednesday, as we continue to hover just above the 120.50 level. That’s the area where significant noise begins all the way down to the 118.50 level. At...

USD/CAD Forecast December 24, 2015, Technical Analysis

by FX Empire | December 24, 2015 5:54 am
The USD/CAD pair broke down during the course of the day on Wednesday, as we have seen far too much in the way of resistance at the 1.40 level. That’s not a surprise though, it is of...