EUR/USD Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:50 am
The EUR/USD pair initially fell during the course of the session on Friday, crashing into the 1.11 handle. However, we ended up finding enough support down there to turn things back around and form a hammer, thereby...

AUD/USD Forecast January 26, 2015, Technical Analysis

by FX Empire | January 25, 2015 3:49 am
The AUD/USD pair fell during the course of the session on Friday, but most importantly broke down below the 0.80 handle. That being the case, it appears the market is ready to continue falling, and perhaps head...

USD/JPY Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:50 am
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support to turn things back around and form a hammer for the second day in a row. Ultimately, the market should...

USD/CAD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:49 am
The USD/CAD pair did very little during the session on Thursday, which actually is a good sign considering that it had been so impulsive beforehand. In other words, we did not pullback after that massive move higher....

GBP/USD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:49 am
The GBP/USD pair initially tried to rally during the course of the session on Thursday, but fell and crashed down towards the 1.50 level. This is a major support area, so we need to see some type...

EUR/USD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:48 am
The EUR/USD pair fell during the course of the session on Thursday, crashing through the 1.15 level again and making a fresh new low. This of course has a lot to do with the fact that the...

AUD/USD Forecast January 23, 2015, Technical Analysis

by FX Empire | January 23, 2015 8:47 am
The AUD/USD pair tried to rally during the course of the session on Thursday, but could not keep the gains in ended up forming a shooting star. This of course is a very negative sign but we...

USDJPY Descending Triangle (Jan 23, 2015)

by Kate Curtis | January 23, 2015 5:13 am
USDJPY is moving inside a descending triangle pattern on its 4-hour time frame, as price made lower highs and found support at the 116.00 major psychological level. The pair is currently testing the triangle resistance for now...

USDCAD Daily Analysis – January 23, 2015

by ForexCycle.com | January 23, 2015 2:47 am
USDCAD’s upward movement from 1.1560 extended to as high as 1.2419. Further rise could be expected, and next target would be at 1.2500 area. Near term support is at 1.2250, and the key support is located at...

USDJPY Daily Analysis – January 23, 2015

by ForexCycle.com | January 23, 2015 2:46 am
No changed in our view, USDJPY remains in short term uptrend from 115.85. Another rise to test 120.82 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from...