USD/JPY Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:58 am
The USD/JPY pair broke higher during the course of the session on Thursday, but failed to break out above the little bit of resistance at the 119 level. We do think that the market continues to go...

USD/CAD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:57 am
The USD/CAD pair fell during the course of the day on Thursday, but found the 1.16 level be somewhat supportive. Ultimately though we feel that this market should continue to go higher. Because of this, we feel...

GBP/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:56 am
The GBP/USD pair as you can see initially fell during the session on Thursday, but turned back around to climb and continue to consolidate in the same general area we have been in for some time. Because...

EUR/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:56 am
The EUR/USD pair broke down during the session on Thursday, testing the 1.2250 region. Because of this, we feel that the market will more than likely try to break down given enough time, but it’s difficult to...

AUD/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:55 am
The AUD/USD pair as you can see initially went higher during the course of the session on Thursday, but we feel that the sellers above of course should continue to punish the Australian dollar as not only...

USDCAD Ascending Trend Line (Dec 19, 2014)

by Kate Curtis | December 19, 2014 3:28 am
USDCAD has been on a short-term uptrend, as shown by the ascending trend line connecting the pair’s recent lows. Price looks ready to make a test of the trend line for now and may bounce off support,...

USDCAD Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:12 am
USDCAD remains in uptrend from 1.1191, the fall from 1.1673 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USDCHF Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:11 am
USDCHF broke above 0.9817 resistance, indicating that the uptrend from 0.8703 (May 8 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9750, only break below this...

USDJPY Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:10 am
USDJPY is now in short term uptrend from 115.56. Further rise to test 121.84 resistance could be expected, a break of this level will signal resumption of the uptrend from 105.32 (Oct 15 low), then the following...

AUDUSD Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:10 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...