USD/JPY Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 3:01 pm
The USD/JPY pair fell significantly during the course of the session on Friday, breaking down below the bottom of the shooting star that formed on Thursday. However, we see plenty of support just below, so having said...

USD/CAD Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 3:00 pm
The USD/CAD pair went back and forth during the course of the session on Friday, testing the 1.40 level. The 1.40 level above is the target that we have for some time, so having said that it’s...

GBP/USD Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 2:59 pm
The GBP/USD pair went back and forth during the course of the session on Friday, as we continue to see quite a bit of bearish pressure. However, the 1.49 level below should continue to offer support, so...

EUR/USD Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 2:58 pm
The EUR/USD pair fell initially during the course of the day on Friday, but turned back around to form a bit of a hammer. The hammer of course suggests that the buyers are getting involved in on...

AUD/USD Forecast December 21, 2015, Technical Analysis

by FX Empire | December 19, 2015 2:57 pm
The AUD/USD pair broke higher during the course of the session on Friday, testing the 0.72 level. This is a market that has more than enough noise above to keep this market somewhat soft, so having said...

USD/JPY Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:22 am
The USD/JPY pair fell initially during the course of the session on Thursday, and then turned around to form a fairly bullish candle. If we can break above the top of the range for the Thursday session...

USD/CAD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:21 am
The USD/CAD pair broke higher during the course of the day on Thursday, showing quite a bit of bullish pressure yet again. We broke above the top of the shooting star like candle from Wednesday, and that...

GBP/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:20 am
The GBP/USD pair initially tried to rally during the course of the day on Thursday but found more than enough resistance of the 1.50 level to turn things back around to fall significantly. We ended up forming...

EUR/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:19 am
The EUR/USD pair fell during the day on Thursday, testing the 1.08 level. That level is the bottom of the recent consolidation area, so we can break down below there we feel that the EUR/USD pair should...

AUD/USD Forecast December 18, 2015, Technical Analysis

by FX Empire | December 18, 2015 6:18 am
The AUD/USD pair initially tried to rally during the course of the day on Thursday, but then fell significantly. We broke down below the recent support at the 0.7150 level, so at this point in time we...