GBP/USD Forecast December 9, 2015, Technical Analysis

by FX Empire | December 9, 2015 7:42 am
The GBP/USD pair initially fell during the day here on Tuesday, but found enough support below the 1.50 level to turn things back around and form a relatively positive looking hammer. The question now is whether or...

EUR/USD Forecast December 9, 2015, Technical Analysis

by FX Empire | December 9, 2015 6:42 am
The EUR/USD pair broke higher during the course of the day on Tuesday, breaking the top of the hammer that had formed on Monday. However, we see quite a bit of resistance above so even though this...

AUD/USD Forecast December 9, 2015, Technical Analysis

by FX Empire | December 9, 2015 6:41 am
The AUD/USD pair fell during the day on Tuesday, but found enough support below to turn things around and form a candle that looks suspiciously like a hammer. With this being the case, I break above the...

EURGBP Long-Term Range (Dec 9, 2015)

by Kate Curtis | December 9, 2015 3:32 am
EURGBP recently made a strong bounce off the bottom of its long-term range at the .7000 major psychological level and appears to have enough momentum to make it back to the top. If resistance at the .7400...

USD/JPY Forecast December 8, 2015, Technical Analysis

by FX Empire | December 8, 2015 7:23 am
The USD/JPY pair fell after initially trying to rally during the day on Monday, ultimately settling on a very neutral candle. We feel that the US dollar will continue to strengthen over the longer time though, so...

USD/CAD Forecast December 8, 2015, Technical Analysis

by FX Empire | December 8, 2015 7:23 am
The USD/CAD pair broke out finally during the course of the session on Monday, meaning that we should see continued bullish pressure. On top of that, we broke above the psychologically significant 1.35 handle, and of course...

GBP/USD Forecast December 8, 2015, Technical Analysis

by FX Empire | December 8, 2015 7:22 am
The GBP/USD pair initially tried to rally on Monday, but then turned back around to fall significantly. It looks as if we are heading down to the 1.5 level, which of course has some psychological significance but...

EUR/USD Forecast December 8, 2015, Technical Analysis

by FX Empire | December 8, 2015 7:21 am
The EUR/USD pair initially fell during the course of the day on Monday, but found quite a bit of support below to turn things around and form a hammer. The hammer of course is a very bullish...

AUD/USD Forecast December 8, 2015, Technical Analysis

by FX Empire | December 8, 2015 7:21 am
The AUD/USD pair fell during the day on Monday, finally making a decision after forming several indecisive candles in a row. Because of this, we feel that the market is going to grind its way lower and...

NZDUSD Resistance Turned Support (Dec 8, 2015)

by Kate Curtis | December 8, 2015 3:25 am
NZDUSD has recently broken past a key resistance level at the .6600 major psychological mark then zoomed up close to the .6800 handle before showing signs of a pullback. Using the Fib tool on the latest swing...