AUD/USD Forecast January 12, 2014, Technical Analysis

by FX Empire | January 10, 2015 10:12 am
The AUD/USD pair initially tried to fall during the session on Friday, but bounced enough to form a nice positive candle. The 0.82 level has offered a little bit of resistance, but at this point in time...

USD/JPY Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:10 am
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to bounce around just below the 120 level. With the nonfarm payroll numbers coming out today, it’s very likely...

USD/CAD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:09 am
The USD/CAD pair initially fell during the course of the day on Thursday, but found support at the 1.18 level to turn things back around and form a little bit of a hammer. This hammer of course...

GBP/USD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:08 am
The GBP/USD pair went back and forth during the course of the day on Thursday, forming a little bit of a hammer. That being the case, it looks as if the 1.50 level is in fact going...

EUR/USD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:08 am
The EUR/USD pair initially fell during the course of the day on Thursday, but found enough support below the 1.18 level to bounce and form a little bit of a hammer. This hammer suggests that the buyers...

AUD/USD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:07 am
The AUD/USD pair went back and forth during the course of the session on Thursday, as we simply did not go anywhere. We believe that this market is essentially waiting for some type of clarity coming out...

AUDJPY Double Bottom Formation (Jan 9, 2015)

by Kate Curtis | January 9, 2015 4:54 am
AUDJPY’s recent downtrend might be over, as price formed a double bottom pattern on its 4-hour time frame. As you can see from the chart, the pair bounced off the 96.00 major psychological support a couple of...

USD/JPY Forecast January 8, 2015, Technical Analysis

by FX Empire | January 8, 2015 8:02 am
The USD/JPY pair went back and forth during the session on Wednesday, as the 119 level offered support. We believe that this market will more than likely go higher going forward, but with the nonfarm payroll numbers...

USD/CAD Forecast January 8, 2015, Technical Analysis

by FX Empire | January 8, 2015 8:01 am
The USD/CAD pair broke higher during the session on Wednesday, as we continue to grind away towards the 1.20 handle. That being said, we believe the pullbacks are buying opportunities, but recognize that both countries have a...

GBP/USD Forecast January 8, 2015, Technical Analysis

by FX Empire | January 8, 2015 7:58 am
The GBP/USD pair fell during the course of the session on Wednesday, but found a little bit of support near the 1.5050 handle. With that, it’s likely that the hammer that we are seeing at the end...