EUR/USD Forecast December 16, 2014, Technical Analysis

by FX Empire | December 16, 2014 6:27 am
The EUR/USD pair went back and forth during the course of the session on Monday, but ended up forming a relatively benign and neutral candle. Because of this, it feels as if the market should continue to...

AUD/USD Forecast December 16, 2014, Technical Analysis

by FX Empire | December 16, 2014 6:26 am
The AUD/USD pair went back and forth during the course of the session on Monday, and as a result it looks as if it is ready to simply go sideways. Ultimately though, if we can close below...

EURUSD Symmetrical Triangle (Dec 16, 2014)

by Kate Curtis | December 16, 2014 4:18 am
EURUSD is consolidating inside a symmetrical triangle pattern ahead of the top-tier events from both the euro zone and the US this week. For today, German and French manufacturing and services PMIs are lined up and these...

The Top 5 Forex Developments 12/08/14 – 12/12/14 – Paxforex

by Paxforex | December 15, 2014 4:10 pm
Here are the Top 5 Forex Developments for the trading week between 12/08/14 and 12/12/14: Number One: Chinese Consumer Price Index/Producer Price Index The Chinese economy experienced more problems in November as evident by the consumer price...

EURGBP Rising Channel (Dec 15, 2014)

by Kate Curtis | December 15, 2014 6:21 am
EURGBP has been moving inside a rising channel since the start of the month, as the uptrend might carry on. The pair is gearing up to test the top of the range around the .7950 minor psychological...

USD/JPY Forecast December 15, 2014, Technical Analysis

by FX Empire | December 14, 2014 3:41 am
The USD/JPY pair went back and forth during the session on Friday, essentially going nowhere. With that being the case, we are still below the 120 level, if we can get above there we think that the...

USD/CAD Forecast December 15, 2014, Technical Analysis

by FX Empire | December 14, 2014 3:40 am
The USD/CAD pair rose again during the session on Friday, breaking out above the 1.1550 handle. The market looks as if it’s ready to continue going much higher, and we believe the pullbacks will represent value in...

GBP/USD Forecast December 15, 2014, Technical Analysis

by FX Empire | December 14, 2014 3:37 am
The GBP/USD pair went back and forth during the session on Friday as the 1.57 level continues to be an area of interest. There is a significant amount resistance all the way to the 1.60 level, so...

EUR/USD Forecast December 15, 2014, Technical Analysis

by FX Empire | December 14, 2014 3:35 am
The EUR/USD pair broke higher during the course of the day on Friday, but struggled at the 1.25 level yet again. With that being the case, the market looks as if it’s going to continue to sell...

AUD/USD Forecast December 15, 2014, Technical Analysis

by FX Empire | December 14, 2014 3:34 am
The AUD/USD pair tried to rally initially during the session on Friday but then turned back around to fall. The market is currently sitting just above the 0.82 level, and as a result we feel that there...