EURUSD Weekly Analysis – December 13, 2015

by ForexCycle.com | December 13, 2015 1:20 pm
EURUSD is now in uptrend from 1.0517. Further rally could be expected after a minor consolidation, and next target would be at 1.2000 area. Support levels are at 1.0740 and 1.0517, only break below these levels could...

USD/JPY Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:11 pm
The USD/JPY pair fell significantly during the course of the session on Friday, clearing the bottom of the range for the session on Thursday. We believe that this market should then reach down to the 120 handle,...

USD/CAD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:10 pm
The USD/CAD pair broke higher during the course of the session on Friday, clearing the 1.37 level. Ultimately, if we pullback from here we should see plenty of buying pressure underneath, and that the 1.35 level should...

GBP/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:09 pm
The GBP/USD pair broke higher during the course of the day on Friday, clearing the 1.52 level. We believe now that this pair will more than likely reach towards the 1.53 handle given enough time, and eventually...

EUR/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:08 pm
The EUR/USD pair looks as if we are trying to build up enough momentum to continue going higher, which of course would be a very positive sign. If we can get above the 1.11 level, we feel...

AUD/USD Forecast December 14, 2015, Technical Analysis

by FX Empire | December 12, 2015 2:07 pm
The AUD/USD pair initially tried to rally, but then turned back around to form a rather negative candle. The 0.72 level below was tested, and as a result it appears that the market could eventually break down...

USD/JPY Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:54 am
The USD/JPY pair fell slightly during the course of the day on Thursday as we continue to grind lower. However, we had suggested yesterday that we are simply sitting on the sidelines and waiting for support in...

USD/CAD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:51 am
The USD/CAD pair initially fell during the day on Thursday but found enough support yet again to turn things around and form a rather bullish looking candle. In fact, we are testing the highs and it’s only...

GBP/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:50 am
The GBP/USD pair had a pretty volatile session during the day on Thursday, initially falling all the way back down to the 1.51 level. However, by the time the day started to get close to closing, we...

EUR/USD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:46 am
The EUR/USD pair fell during the day on Thursday, as we slammed into the 1.10 handle. This is an area that should be resistive due to the fact that we have a nice cluster extending all the...