GBP/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:20 am
The GBP/USD pair initially tried to rally during the course of the day on Thursday but found more than enough resistance of the 1.50 level to turn things back around to fall significantly. We ended up forming...

EUR/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:19 am
The EUR/USD pair fell during the day on Thursday, testing the 1.08 level. That level is the bottom of the recent consolidation area, so we can break down below there we feel that the EUR/USD pair should...

AUD/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:18 am
The AUD/USD pair initially tried to rally during the course of the day on Thursday, but then fell significantly. We broke down below the recent support at the 0.7150 level, so at this point in time we...

USD/JPY Forecast December 17, 2015, Technical Analysis

by FX Empire | December 17, 2015 7:30 am
The USD/JPY pair initially tried to rally during the day on Wednesday, but turned back around as traders awaited the FOMC Statement. As we write this before that announcement, we look at this market as to regions....

USD/CAD Forecast December 17, 2015, Technical Analysis

by FX Empire | December 17, 2015 7:27 am
The USD/CAD pair initially rallied during the day on Wednesday, but pulled back to form a relatively unimpressive candle. However, this is pre-FOMC, so we have no idea what the reaction will be yet. However, we recognize...

GBP/USD Forecast December 17, 2015, Technical Analysis

by FX Empire | December 17, 2015 7:27 am
The GBP/USD pair initially fell during the course of the day on Wednesday, but struggled at the 1.50 level to continue. Ultimately, this is an area that should show quite a bit of support, but the FOMC...

EUR/USD Forecast December 17, 2015, Technical Analysis

by FX Empire | December 17, 2015 7:26 am
The EUR/USD pair had a fairly quiet session during the day on Wednesday, even though we had an interest-rate hike in the United States. After all, the market had already anticipated this. With that being said, there...

AUD/USD Forecast December 17, 2015, Technical Analysis

by FX Empire | December 17, 2015 7:24 am
The AUD/USD pair initially fell during the day on Wednesday, and then bounced off of the 0.72 handle. Because of this, the market looks as if it wants to go higher, but this writing is being done...

USD/JPY Forecast December 16, 2015, Technical Analysis

by FX Empire | December 16, 2015 5:38 am
The USD/JPY pair broke higher during the course of the day on Tuesday, as we continue to find buyers below. With this, we feel that this market should continue to grind its way towards the 124 level,...

USD/CAD Forecast December 16, 2015, Technical Analysis

by FX Empire | December 16, 2015 5:38 am
The USD/CAD pair went back and forth during the course of the day on Tuesday, forming a rather neutral candle. However, the market is most certainly in an uptrend and any pullback at this point in time...