AUD/USD Forecast January 2, 2014, Technical Analysis

by FX Empire | January 2, 2014 8:49 am
The AUD/USD pair tried to rally during the session on New Year’s Eve, but as you can see pullback in order to form a shooting star at the top of the reason consolidation area. It is because of this...

USD/JPY Forecast January 2, 2014, Technical Analysis

by FX Empire | January 2, 2014 8:46 am
The USD/JPY pair rose from the 105 level during the session on New Year’s Eve, and as a result we feel that this market has solidified the idea that it’s going to go higher. We still are very bullish...

EUR/USD Forecast January 2, 2014, Technical Analysis

by FX Empire | January 2, 2014 8:45 am
The EUR/USD pair did very little during the session on Tuesday, essentially pulling back from the 1.38 level. That being said, we think there are serious amounts of support below, so therefore were looking for supportive candles in order...

USD/CAD Forecast January 2, 2014, Technical Analysis

by FX Empire | January 2, 2014 8:44 am
The USD/CAD pair fell during the session on Tuesday, but as you can see as we start to trade in 2014, we will be approaching the 1.06 level. This area has been supportive recently, and the bottom of a...

GBP/USD Forecast January 2, 2014, Technical Analysis

by FX Empire | January 2, 2014 8:43 am
The GBP/USD pair rose during the session on Tuesday, breaking through quite a bit of resistance. The fact that we close above the 1.65 level signifies to us that this market is going to continue going higher, and therefore...