USD/JPY Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:09 am
The USD/JPY pair broke higher during the course of the session on Friday, completely wiping out the losses from Thursday. Ultimately, this shows that there is significant support at the 160 level, and as a result we...

USD/CAD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:08 am
The USD/CAD pair broke out during the session on Friday, but found enough resistance above the 1.20 level in order to turn things back around and form a shooting star. The shooting star courses negative, but at...

GBP/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:08 am
The GBP/USD pair went back and forth during the session on Friday, ultimately forming a relatively neutral candle. That being the case, the market looks as if it is still continue to find buyers down here, but...

EUR/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:07 am
The EUR/USD pair initially fell on writing, but found enough support below the 1.15 level to turn things back around and form a hammer. The hammer of course suggests that the market is ready to bounce and...

AUD/USD Forecast January 19, 2015, Technical Analysis

by FX Empire | January 18, 2015 2:06 am
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support below to turn things back around and form a hammer. This coincides with the gold markets rising overall and breaking...

USD/JPY Forecast January 16, 2015, Technical Analysis

by FX Empire | January 16, 2015 6:18 am
The USD/JPY pair fell during the session on Thursday, but remained within the hammer that had formed on Wednesday. Because of this, we think that the buyers will probably step back in, but we need to see...

USD/CAD Forecast January 16, 2015, Technical Analysis

by FX Empire | January 16, 2015 6:17 am
The USD/CAD pair initially fell during the course of the day on Thursday, testing the 1.18 handle. We did however find enough support there that the market formed a massive hammer and as a result the analysis...

GBP/USD Forecast January 16, 2015, Technical Analysis

by FX Empire | January 16, 2015 6:16 am
The GBP/USD pair fell during the course of the session on Thursday, but found support again near the 1.5775 level, and therefore it looks like the market still is retaining its footing on a possible move higher....

EUR/USD Forecast January 16, 2015, Technical Analysis

by FX Empire | January 16, 2015 6:15 am
The EUR/USD pair broke down during the course of the session on Thursday, and as a result we are well below the 1.18 handle now. Keep in mind that the Swiss National Bank got rid of the...