AUD/USD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:10 am
AUD/USD broke higher during the course of the session on Tuesday, showing bits of support below. We still look at this market as being very negative, but also recognize that we are getting very low as far...

USD/JPY Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:03 am
The USD/JPY pair broke higher during the course of the session on Monday, using the 120 level as support. That supportive area of course has been rather strong from time to time as both resistance and support,...

USD/CAD Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:03 am
The USD/CAD pair went back and forth during the session on Monday, essentially going nowhere. With that being the case, we believe that the market simply cannot traded until we get some type of impulsive move, or...

GBP/USD Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:02 am
The GBP/USD pair broke lower during the session on Monday, testing the 1.55 level yet again. This is an area that we believe is going to be rather supportive, but ultimately we will continue to go lower....

EUR/USD Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:00 am
The EUR/USD pair initially rallied during the session on Monday, but as you can see turned back around to fall below the 1.2150 level at one point during the day. That being the case, the market fell...

AUD/USD Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 9:58 am
The AUD/USD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star. With that being the case, it looks as if the Australian dollar is going...

The Top 5 Forex Developments 12/22/14 – 12/26/14 – Paxforex

by Paxforex | December 26, 2014 3:16 pm
Here are the Top Forex Developments for the trading week between 12/22/14 and 12/26/14: Number One: Canadian GDP Forex traders received a positive surprise on Tuesday out of Canada with the release of its Gross Domestic Product...

USD/JPY Forecast December 26, 2014, Technical Analysis

by FX Empire | December 26, 2014 5:41 am
The USD/JPY pair did very little during the course of the session on Wednesday, as we continue to hang out above the 120 level. With that being the case, we feel it’s only a matter time before...

USD/CAD Forecast December 26, 2014, Technical Analysis

by FX Empire | December 26, 2014 5:41 am
The USD/CAD pair broke higher during the session on Wednesday after initially falling. Because of this, we ended up forming a hammer and then of course is a positive sign. The ultimately though, we feel that this...

GBP/USD Forecast December 26, 2014, Technical Analysis

by FX Empire | December 26, 2014 5:40 am
The GBP/USD pair broke higher during the course of the session on Wednesday, as we tried to bounce back into the previous consolidation area. Although we closed at the very top of the range for the session,...