EURUSD Weekly Analysis – December 27, 2015

by ForexCycle.com | December 27, 2015 7:47 am
EURUSD remains in uptrend from 1.0517, the pullback from 1.0159 could be treated as consolidation of the uptrend. Near term support is at 1.0740, as long as this level holds, the uptrend could be expected to continue,...

USD/JPY Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:24 pm
The USD/JPY pair fell during the course of the session on Thursday, as we continue to grind our way down to the 120 handle. Because of this, we feel it’s only a matter of time before the...

USD/CAD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:23 pm
The USD/CAD pair did very little during the session on Thursday, as we essentially formed a neutral candle. Ultimately, we believe that this market has quite a bit of bullish pressure underneath, and with this we think...

GBP/USD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:22 pm
The GBP/USD pair rose during the course of the session on Thursday, struggling at the 1.49 area. However, this market looks as if it will have to make some type of decision soon, so we are very...

EUR/USD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:21 pm
The EUR/USD pair broke higher during the course of the session on Thursday, and now looks set to test the 1.10 level yet again. This is an area that should cause quite a bit of resistance anyway,...

AUD/USD Forecast December 28, 2015, Technical Analysis

by FX Empire | December 26, 2015 12:20 pm
The AUD/USD pair rose during the course of the day on Thursday, but gave back about half of the gains during the session. With that, the market looks as if it could very well pullback from here,...

USD/JPY Forecast December 24, 2015, Technical Analysis

by FX Empire | December 24, 2015 5:54 am
The USD/JPY pair did very little during the day on Wednesday, as we continue to hover just above the 120.50 level. That’s the area where significant noise begins all the way down to the 118.50 level. At...

USD/CAD Forecast December 24, 2015, Technical Analysis

by FX Empire | December 24, 2015 5:54 am
The USD/CAD pair broke down during the course of the day on Wednesday, as we have seen far too much in the way of resistance at the 1.40 level. That’s not a surprise though, it is of...

GBP/USD Forecast December 24, 2015, Technical Analysis

by FX Empire | December 24, 2015 5:53 am
The GBP/USD pair bounced during the session on Wednesday, using the 1.48 region as a bit of a springboard. However, there is a significant amount resistance of the 1.49 level, as we have seen recently, so having...

EUR/USD Forecast December 24, 2015, Technical Analysis

by FX Empire | December 24, 2015 5:52 am
The EUR/USD pair fell during the course of the session on Wednesday, breaking below the bottom of the shooting star that formed on Tuesday. This of course is a very negative sign, and we had seen quite...