USD/CAD Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:42 am
USD/CAD pair fell during the bulk of the session on Tuesday, but found a little bit of support at the 1.14 level to turn things back around and form a slightly supportive looking candle. Ultimately though, we...

GBP/USD Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:41 am
The GBP/USD pair initially broke higher during the course of the session on Tuesday, and as a result ran into significant resistance at the 1.57 level. That area of course turned the market back around, and as...

EUR/USD Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:41 am
The EUR/USD pair broke higher during the course of the day on Tuesday, but turned back around and gave up about half of the gains. With that being said, the market looks as if it is one...

AUD/USD Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:40 am
The AUD/USD pair initially rallied during the course of the session on Tuesday, but gave back about half of the gains. That being the case, the Australian dollar still looks like it’s ready to sell off, and...

USDCHF Rising Trend Channel (Dec 10, 2014)

by Kate Curtis | December 10, 2014 7:01 am
USDCHF is in a steady climb, as the pair has been moving inside a rising trend channel on its 1-hour time frame. Price just came off a test of the channel bottom around the .9700 major psychological...

USD/JPY Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 8:37 am
The US dollar continues to strengthen overall on the longer-term charts, but the USD/JPY pair ended up pulling back during the length of the day, and headed down to the 120 level. The 120 level offered enough...

USD/CAD Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 8:32 am
The USD/CAD pair fell initially during the course of the session on Monday, but turned back around to show strength. We tested the 1.15 handle, but did not break above it quite yet. We feel that sooner...

GBP/USD Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 8:30 am
The GBP/USD pair broke higher during the course of the session on Monday, but is right in the middle of the previous consolidation area so we feel it’s only a matter time before the resistance comes into...

EUR/USD Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 8:29 am
The EUR/USD pair initially fell during the session on Monday, but as you can see found support below the 1.23 level enough to turn things back around and form a hammer. That being the case, we feel...

AUD/USD Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 7:12 am
The AUD/USD pair bounced during the session on Monday, but quite frankly we feel that any bounce at this point in time is just simply going to be an invitation to start selling again. The market should...