USD/JPY Price Forecast January 3, 2018, Technical Analysis

by FX Empire | January 3, 2018 6:46 am
The US dollar fell significantly during the trading session on Tuesday, reaching towards the 112 level. This is an area that has been important more than once, and therefore it’s not a huge surprise to see that...

USD/CAD Price Forecast January 3, 2018, Technical Analysis

by FX Empire | January 3, 2018 6:44 am
The US dollar fell slightly during the day, but just slightly, as the GBP/USD market has continued to struggle overall. The 1.25 level underneath is a large, round, psychologically significant number, and that of course is an...

GBP/USD Price Forecast January 3, 2018, Technical Analysis

by FX Empire | January 3, 2018 6:37 am
The British pound continues to be very volatile, but obviously buyers have come back significantly. I think that the market should go looking towards the 1.3650 level above, which is a major area to pay attention to...

EUR/USD Price Forecast January 3, 2018, Technical Analysis

by FX Empire | January 3, 2018 6:34 am
The EUR/USD pair initially tried to rally during the trading session on Tuesday, but we did pull back a little bit. Ultimately, I believe that the buyers will continue to go higher, with the 1.20 level offering...

AUD/USD Price Forecast January 3, 2018, Technical Analysis

by FX Empire | January 3, 2018 6:31 am
The Australian dollar has fallen a bit during the trading session on Tuesday, as traders came back from the holiday season. Gold markets course have a massive influence on the Australian dollar, so pay attention to them...

USDCAD Daily Analysis – January 3, 2018

by ForexCycle.com | January 3, 2018 4:07 am
USDCAD stays below a bearish trend line on the 4-hour chart and remains in downtrend from 1.2920. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...

USDJPY Daily Analysis – January 3, 2018

by ForexCycle.com | January 3, 2018 4:06 am
USDJPY is now facing 112.03 support. A breakdown below this level could take price to next support level at 110.84. Near term resistance is at 112.60, only break above this level could trigger another rise to test...

AUDUSD Daily Analysis – January 3, 2018

by ForexCycle.com | January 3, 2018 4:06 am
AUDUSD extended its upside movement from 0.7501 to as high as 0.7844. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target...

GBPUSD Daily Analysis – January 3, 2018

by ForexCycle.com | January 3, 2018 4:05 am
GBPUSD’s upside movement from 1.3301 extended to as high as 1.3605. Further rise is still possible in a couple of days and next target would be at 1.3700 area. Near term support is at 1.3550, below this...

EURUSD Daily Analysis – January 3, 2018

by ForexCycle.com | January 3, 2018 4:03 am
EURUSD continued its upside movement from 1.1717 and the rise extended to as high as 1.2081, facing 1.2092 (Sep 8 high) resistance. A breakout of this level could trigger further upside movement towards 1.2500. Near term support...