USD/JPY Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:58 am
The USD/JPY pair initially fell during the course of the session on Thursday, but found support below again to continue to consolidate in the same general vicinity that we have been in for the last two weeks....

USD/CAD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:57 am
The USD/CAD pair broke higher during the course of the session on Thursday, cleanly breaking well above the 1.25 handle. With the oil markets looking is soft as they do, the Bank of Canada surprising the market...

GBP/USD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:57 am
The GBP/USD pair fell during the course of the session on Thursday, testing the 1.50 level yet again. That being the case it looks like we are going to continue to consolidate, but we will be paying...

EUR/USD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:56 am
The EUR/USD pair initially tried to break higher during the course of the session on Thursday, but turned back around as the Euro continues to suffer overall. We believe that this market will continue to drift lower,...

AUD/USD Forecast January 30, 2015, Technical Analysis

by FX Empire | January 30, 2015 8:55 am
The AUD/USD pair continued to fall during the session on Thursday, as we have now significantly broken below the 0.80 handle. We believe that this market will then head to the 0.75 handle, and that rallies going...

USDJPY Long-Term Triangle (Jan 30, 2015)

by Kate Curtis | January 30, 2015 5:15 am
USDJPY has been trading inside a descending triangle pattern on its 4-hour time frame, with price hovering around the resistance. Stochastic is still pointing up, which means that buying pressure is present and that an upside break...

USDCAD Daily Analysis – January 30, 2015

by ForexCycle.com | January 30, 2015 3:53 am
USDCAD continued its upward movement from 1.1803, and the rise extended to as high as 1.2677. Key support is now at 1.2380, as long as this level holds, the uptrend could be expected to continue, and next...

USDJPY Daily Analysis – January 30, 2015

by ForexCycle.com | January 30, 2015 3:52 am
USDJPY stays in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 115.85, another rise...

AUDUSD Daily Analysis – January 30, 2015

by ForexCycle.com | January 30, 2015 3:51 am
AUDUSD’s downward movement from 0.8294 extended to as low as 0.7719. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...

GBPUSD Daily Analysis – January 30, 2015

by ForexCycle.com | January 30, 2015 3:51 am
GBPUSD failed to break above the top of the price channel on 4-hour chart, indicating that the price action from 1.5034 could be treated as consolidation of the downtrend from 1.5785, another fall to toward 1.4500 could...