AUD/USD Forecast January 16, 2015, Technical Analysis

by FX Empire | January 16, 2015 6:14 am
The AUD/USD pair went back and forth during the course of the day on Thursday, ultimately forming a bit of a neutral candle, with a little bit of a negative bias. In other words, the 0.8250 level...

NZDUSD Range Resistance (Jan 16, 2015)

by Kate Curtis | January 16, 2015 3:17 am
NZDUSD is testing the top of the range on its 4-hour forex chart, indicating that selling pressure might return sooner or later. Price is finding resistance at the .7850 minor psychological level and might be headed for...

USD/JPY Forecast January 15, 2015, Technical Analysis

by FX Empire | January 15, 2015 6:50 am
The USD/JPY pair fell initially during the session on Wednesday, but turned back around and formed a nice-looking hammer. That being the case, looks as if this market is ready to continue going higher, continuing the long-term...

USD/CAD Forecast January 15, 2015, Technical Analysis

by FX Empire | January 15, 2015 6:49 am
The USD/CAD pair went back and forth during the course of the day on Wednesday, testing the 1.20 level during the session. With that, we did pullback a little bit but it appears that any pullback will...

GBP/USD Forecast January 15, 2015, Technical Analysis

by FX Empire | January 15, 2015 6:48 am
The GBP/USD pair broke higher during the session on Wednesday, clearing the top of two hammers in a row. Because of this, it should be a decent buying opportunity. That being the case, the market should continue...

EUR/USD Forecast January 15, 2015, Technical Analysis

by FX Empire | January 15, 2015 6:47 am
The EUR/USD pair went back and forth during the course of the session on Wednesday, showing a confused and stubborn market. Ultimately, we believe that this market will probably find some type of support in this area...

AUD/USD Forecast January 15, 2015, Technical Analysis

by FX Empire | January 15, 2015 6:45 am
The AUD/USD pair rose during the course of the session on Wednesday, but gave back a little bit of the gains as you can see. The 0.80 level below is massively supportive though, so therefore we are...

NZDJPY Pullback Setup (Jan 15, 2015)

by Kate Curtis | January 15, 2015 3:44 am
NZDJPY recently broke below the bottom of the descending triangle pattern on its 4-hour time frame and is showing signs of a pullback. Price could retreat until the Fibonacci retracement levels which are close to the broken...

USD/JPY Forecast January 14, 2015, Technical Analysis

by FX Empire | January 14, 2015 6:13 am
The USD/JPY pair broke higher initially during the session on Tuesday, but turned back around in order to form a somewhat negative candle. However, we have no interest in selling this pair as we believe that it’s...

USD/CAD Forecast January 14, 2015, Technical Analysis

by FX Empire | January 14, 2015 6:12 am
The USD/CAD pair went back and forth during the course of the session on Tuesday, showing the 1.20 level to be resistive still, and as a result we believe that the market is probably going to pull...