USD/JPY Forecast April 7, 2015, Technical Analysis

by FX Empire | April 7, 2015 6:07 am
The USD/JPY pair broke higher during the course of the session on Monday, as the buyers step back in. However, we believe that this is a market you can’t short anyway, so quite frankly we believe in...

USD/CAD Forecast April 7, 2015, Technical Analysis

by FX Empire | April 7, 2015 6:06 am
The USD/CAD pair went back and forth during the course of the session on Monday, testing the 1.2450 level. With that, it appears that the support is going to continue to hold up, and if we can...

GBP/USD Forecast April 7, 2015, Technical Analysis

by FX Empire | April 7, 2015 6:05 am
The GBP/USD pair tried to rally during the course of the session on Monday, but found the 1.50 level to be a bit too resistive. Ultimately, we feel the market will then go back down to the...

EUR/USD Forecast April 7, 2015, Technical Analysis

by FX Empire | April 7, 2015 6:04 am
The EUR/USD pair tried to break above the 1.10 level during the course of the session on Monday, but as you can see show quite a bit of resistance. With that being the case, the market should...

AUD/USD Forecast April 7, 2015, Technical Analysis

by FX Empire | April 7, 2015 6:03 am
The AUD/USD pair initially tried to rally during the course of the day on Monday, but as you can see struggled to keep any gains in ended up turning back around to form a shooting star the...

USDCAD Daily Analysis – April 7, 2015

by ForexCycle.com | April 7, 2015 2:59 am
USDCAD is testing 1.2410 support, a breakdown below this level will signal resumption of the downtrend from 1.2835, then next target would be at 1.2200 area. Resistance is at 1.2575, only break above this level could bring...

USDJPY Daily Analysis – April 7, 2015

by ForexCycle.com | April 7, 2015 2:58 am
USDJPY moved sideways in a trading range between 118.33 and 120.36. As long as 120.36 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 122.02, further decline to 116.50...

AUDUSD Daily Analysis – April 7, 2015

by ForexCycle.com | April 7, 2015 2:58 am
AUDUSD remains in downtrend from 0.7938, the rise from 0.7532 coudl be treated as consolidation of the downtrend. Resistance is at 0.7750, as long as this level holds, the downtrend could be expected to continue, and next...

GBPUSD Daily Analysis – April 7, 2015

by ForexCycle.com | April 7, 2015 2:57 am
GBPUSD failed to break above 1.5000 resistance, and stayed in the trading range between 1.4739 and 1.4994. Resistance is now at 1.4994, a break of this level will signal resumption of the uptrend from 1.4634, then next...

EURUSD Daily Analysis – April 7, 2015

by ForexCycle.com | April 7, 2015 2:56 am
EURUSD failed to break above 1.1052 resistance, and stayed in the trading range between 1.0713 and 1.1052. However, another rise to re-test 1.1052 resistance is still possible, a break of this level will indicate that the uptrend...