USD/CAD Forecast December 3, 2014, Technical Analysis

by FX Empire | December 3, 2014 5:28 am
The USD/CAD pair broke higher during the course of the session on Tuesday, as we continue to bounce around just above the 1.13 handle. It appears to us that we are heading to the 1.15 handle given...

GBP/USD Forecast December 3, 2014, Technical Analysis

by FX Empire | December 3, 2014 5:27 am
The GBP/USD pair fell during the course of the day on Tuesday, as we continue to consolidate in this general vicinity. We believe that this market should ultimately make a decision fairly soon, but we recognize that...

EUR/USD Forecast December 3, 2014, Technical Analysis

by FX Empire | December 3, 2014 5:26 am
The EUR/USD pair fell again during the session on Tuesday, as we continue to grind lower. One thing that we notice is that the highs are getting lower, and we cannot help but notice that there could...

AUD/USD Forecast December 3, 2014, Technical Analysis

by FX Empire | December 3, 2014 5:26 am
The AUD/USD pair initially tried to rally during the session on Tuesday, but as you can see ended up falling in the end. With that being the case, the market looks as if it isn’t ready to...

NZDUSD Range Setup (Dec 3, 2014)

by Kate Curtis | December 3, 2014 3:12 am
NZDUSD is testing the bottom of the range forming on its 1-hour time frame, as price is finding a floor at the. 7780 area once more. A bounce off this support zone could lead to a test...

USD/JPY Forecast December 2, 2014, Technical Analysis

by FX Empire | December 2, 2014 5:36 am
The USD/JPY pair fell during the session on Monday, but as you can see found enough support near the 180 level to turn things back around and form a little bit of a hammer. Nonetheless, we have...

USD/CAD Forecast December 2, 2014, Technical Analysis

by FX Empire | December 2, 2014 5:34 am
The USD/CAD pair fell hard during the course of the day on Monday, testing the 1.13 level. This is an area that had been resistive previously, so we feel it is likely we will see some type...

GBP/USD Forecast December 2, 2014, Technical Analysis

by FX Empire | December 2, 2014 5:33 am
The GBP/USD pair shot much higher during the course of the day on Monday, testing the 1.57 region. It is a fairly strong candle, but at the end of the day we should find some type of...

EUR/USD Forecast December 2, 2014, Technical Analysis

by FX Empire | December 2, 2014 5:32 am
The EUR/USD pair went back and forth during the session on Monday, essentially testing the 1.25 level but going nowhere. We think that this market will continue to go lower given enough time, and as a result...

AUD/USD Forecast December 2, 2014, Technical Analysis

by FX Empire | December 2, 2014 5:31 am
The AUD/USD pair gapped lower at the open on Monday, but as you can see bounced in order to fill that very same gap. The 0.85 level looks like it’s still continuing to cause bearish pressure, so...