EUR/USD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:14 am
EUR/USD daily chart, March 06, 2017 The EUR/USD pair bounced off the 1.05 level again, an area that has been rather supportive recently. If we can break above the top of the candle, I think the market...

AUD/USD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:13 am
The AUD/USD pair fell a bit during the day on Friday but found a bit of support at the 0.7550 level. The market has massive support at the 0.75 level as well, so I believe that it’s...

USD/JPY Forecast March 3, 2017, Technical Analysis

by FX Empire | March 3, 2017 8:31 am
The USD/JPY pair broke higher during the day on Thursday, reaching towards the 115 handle. I think we will get there, but at that point we may run into a bit of resistance. Currently, we are consolidating...

USD/CAD Forecast March 3, 2017, Technical Analysis

by FX Empire | March 3, 2017 8:30 am
The USD/CAD pair rallied again during the day on Thursday, breaking above the top of the shooting star from Wednesday. This is a very bullish sign, and it should send this market higher. Pullbacks should have plenty...

GBP/USD Forecast March 3, 2017, Technical Analysis

by FX Empire | March 3, 2017 8:29 am
The GBP/USD currency pair fell during the day on Thursday, testing the 1.2250 level. This is an area that has been a bit of minor support and resistance in the past, so a bounce from here is...

EUR/USD Forecast March 3, 2017, Technical Analysis

by FX Empire | March 3, 2017 8:28 am
The EUR/USD pair fell during the Thursday session, testing the 1.05 level for support. It did find a little bit there, so it’s likely that the market will bounce, but I would suggest that the bounces are...

AUD/USD Forecast March 3, 2017, Technical Analysis

by FX Empire | March 3, 2017 8:26 am
The AUD/USD pair broke down significantly during the day on Thursday, forming a very bearish candle. However, there are still plenty of support underneath current trading levels, and extending all the way down to the 0.75 handle....

USD/JPY Forecast March 1, 2017, Technical Analysis

by FX Empire | March 1, 2017 6:08 am
The USD/JPY pair fell a bit during the session on Tuesday, reaching towards the 112 level. We have seen a bit of support just below there though, so a bounce could be coming. If we can break...

USD/CAD Forecast March 1, 2017, Technical Analysis

by FX Empire | March 1, 2017 6:07 am
The USD/CAD pair broke higher on Tuesday as oil markets drifted lower. We now must contend with the 1.33 level above and I think that’s where this pair is going. Short-term pullbacks will be buying opportunities, as...

GBP/USD Forecast March 1, 2017, Technical Analysis

by FX Empire | March 1, 2017 6:06 am
The GBP/USD pair went back and forth during the day on Tuesday as we continue to test the 1.24 level for support. Recently, we have been consolidating and I think given enough time we will find enough...