USD/CAD Forecast January 7, 2015, Technical Analysis

by FX Empire | January 7, 2015 6:28 am
The USD/CAD pair rose during the session on Tuesday, trying to break out to the upside. If we can break above to a fresh, new high, we believe this market will continue to go much higher, probably...

GBP/USD Forecast January 7, 2015, Technical Analysis

by FX Empire | January 7, 2015 6:28 am
The GBP/USD pair fell during the session on Tuesday, testing the very bottom of the hammer that informed from Monday. This is a very negative sign, and as a result if we break the bottom of the...

EUR/USD Forecast January 7, 2015, Technical Analysis

by FX Empire | January 7, 2015 6:27 am
The EUR/USD pair fell initially during the session on Tuesday, and then just essentially sat there at the 1.19 level. It appears that we are ready to grind sideways between now and nonfarm payroll, and quite frankly...

AUD/USD Forecast January 7, 2015, Technical Analysis

by FX Empire | January 7, 2015 6:26 am
The AUD/USD pair initially tried to rally during the session on Tuesday, but as you can see struggled and ended up forming a shooting star. We are right at resistance anyway, so would not surprise us at...

EURGBP Support at .7800 (Jan 7, 2015)

by Kate Curtis | January 7, 2015 4:42 am
EURGBP recently bounced off the support of the range on its 4-hour time frame, suggesting that the sideways price action might carry on. Price could head back to the top of the range near the .8050 minor...

USD/JPY Forecast January 6, 2015, Technical Analysis

by FX Empire | January 6, 2015 8:22 am
The USD/JPY pair fell during the course of the session on Monday, slicing through the 120 level. Nonetheless, we continue to see a significant amount of support in this area, and as a result we feel that...

USD/CAD Forecast January 6, 2015, Technical Analysis

by FX Empire | January 6, 2015 8:21 am
The USD/CAD pair fell during the course of the day on Monday, showing the 1.18 level to be resistive as we had anticipated. This coincides with support being found have to $50 level in the light sweet...

GBP/USD Forecast January 6, 2015, Technical Analysis

by FX Empire | January 6, 2015 8:21 am
The GBP/USD pair broke down during the session initially on Monday, but as you can see found a little bit of support below. Ultimately, we feel that this market is going to bounce from here, and head...

EUR/USD Forecast January 6, 2015, Technical Analysis

by FX Empire | January 6, 2015 8:20 am
The EUR/USD pair initially tried to fall during the course of the session on Monday, but as you can see found enough support below to turn things back around and form a hammer. We are below the...

AUD/USD Forecast January 6, 2015, Technical Analysis

by FX Empire | January 6, 2015 8:18 am
The AUD/USD pair broke down a little bit at the beginning of the session on Monday, and then turned back around to close near the 0.81 handle. With that being the case, looks as if the market...