USD/JPY Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:44 am
The USD/JPY pair fell during the course of the session on Tuesday, but bounced enough in order to turn things back around and form a hammer. The hammer of course suggests that the market is in fact...

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...

USDCAD Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:29 am
USDCAD remains in uptrend from 1.1191, the fall from 1.1500 is likely consolidation of the uptrend. Support is at 1.1365, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDCHF Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:29 am
USDCHF remains in uptrend from 0.9531, the fall from 0.9817 is likely consolidation of the uptrend. Support is at 0.9646, as long as this level holds, the uptrend could be expected to continue, and next target would...

USDJPY Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:27 am
USDJPY broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 105.32 (Oct 15 low) is underway. Range trading between 117.23 and 121.84 would likely be seen over the next several...

AUDUSD Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:27 am
AUDUSD remains in downtrend from 0.8795, the rise from 0.8223 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...