USD/CAD Forecast January 12, 2014, Technical Analysis

by FX Empire | January 10, 2015 10:14 am
The USD/CAD pair bounced off of the 1.18 level to find support and show strength during the session on Friday. Ultimately, the market will more than likely head to the 1.20 handle, given enough time. We believe...

GBP/USD Forecast January 12, 2015, Technical Analysis

by FX Empire | January 10, 2015 10:13 am
The GBP/USD pair broke higher during the course of the session on Friday, clearing the top of the hammer that had formed for the session. With that being the case, the market ended up breaking out and...

EUR/USD Forecast January 12, 2015, Technical Analysis

by FX Empire | January 10, 2015 10:13 am
The EUR/USD pair initially broke down below the 1.18 level during the session on Friday, but as you can see sold buyers below in order to turn things back around and form a hammer. That hammer of...

AUD/USD Forecast January 12, 2014, Technical Analysis

by FX Empire | January 10, 2015 10:12 am
The AUD/USD pair initially tried to fall during the session on Friday, but bounced enough to form a nice positive candle. The 0.82 level has offered a little bit of resistance, but at this point in time...

USD/JPY Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:10 am
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to bounce around just below the 120 level. With the nonfarm payroll numbers coming out today, it’s very likely...

USD/CAD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:09 am
The USD/CAD pair initially fell during the course of the day on Thursday, but found support at the 1.18 level to turn things back around and form a little bit of a hammer. This hammer of course...

GBP/USD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:08 am
The GBP/USD pair went back and forth during the course of the day on Thursday, forming a little bit of a hammer. That being the case, it looks as if the 1.50 level is in fact going...

EUR/USD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:08 am
The EUR/USD pair initially fell during the course of the day on Thursday, but found enough support below the 1.18 level to bounce and form a little bit of a hammer. This hammer suggests that the buyers...

AUD/USD Forecast January 9, 2015, Technical Analysis

by FX Empire | January 9, 2015 7:07 am
The AUD/USD pair went back and forth during the course of the session on Thursday, as we simply did not go anywhere. We believe that this market is essentially waiting for some type of clarity coming out...

AUDJPY Double Bottom Formation (Jan 9, 2015)

by Kate Curtis | January 9, 2015 4:54 am
AUDJPY’s recent downtrend might be over, as price formed a double bottom pattern on its 4-hour time frame. As you can see from the chart, the pair bounced off the 96.00 major psychological support a couple of...