EUR/USD Forecast March 8, 2017, Technical Analysis

by FX Empire | March 8, 2017 6:52 am
EUR/USD daily chart, March 08, 2017 The EUR/USD pair rallied a bit during the day on Tuesday, but found enough resistance above the 1.06 level to turn things around and start to drift to the downside again....

AUD/USD Forecast March 8, 2017, Technical Analysis

by FX Empire | March 8, 2017 6:51 am
AUD/USD daily chart, March 08, 2017 The Australian dollar initially rallied after somewhat hawkish comments coming out of the RBA, but you can see that the market fell significantly. It looks as if the 50-day exponential moving...

USD/JPY Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:07 am
USD/JPY daily chart, March 07, 2017 The USD/JPY pair gapped lower at the open on Monday, but it still sees plenty of support underneath. If we can break above the 115 handle, the market should then reach...

USD/CAD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:05 am
USD/CAD daily chart, March 07, 2017 The USD/CAD pair initially rallied on Monday, but just as we saw on Friday, the sellers came in and pushed the market back below the 1.34 handle. By breaking down below...

GBP/USD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:03 am
GBP/USD daily chart, March 07, 2017 The GBP/USD pair initially tried to rally during the day on Monday but turned around to fall towards the 1.2250 level again. This is an area where we have found support,...

EUR/USD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:01 am
EUR/USD daily chart, March 07, 2017 The EUR/USD pair tried to rally, but the 50-day exponential moving average has again offered too much resistance for the buyers to continue pushing. Because of this, I believe that the...

AUD/USD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:00 am
AUD/USD daily chart, March 07, 2017 The AUD/USD pair fell a bit during the day on Monday, but found enough support at the 50-day exponential moving average to turn things around and bounce a bit. I believe...

USD/JPY Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:18 am
USD/JPY daily chart, March 06, 2017 The USD/JPY pair initially fell on Friday but turned around to show signs of strength again. By forming this hammer like candle, looks as if we’re going to push up against...

USD/CAD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:17 am
USD/CAD daily chart, March 06, 2017 The USD/CAD pair continues to show bullish pressure, as the market rallied on Friday. We are starting to get a little bit overextended, so I would not be surprised at all...

GBP/USD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:16 am
GBP/USD daily chart, March 06, 2017 The GBP/USD pair initially fell on Friday, but found enough support to form a hammer right at the 1.2250 level. This is an area that’s been minor support and resistance in...