EUR/USD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:20 am
EUR/USD daily chart, March 27, 2017 The EUR/USD pair initially fell during the day on Friday, but found enough support at the 1.0750 level to turn these around to form a hammer. It looks now as if...

AUD/USD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:18 am
AUD/USD daily chart, March 27, 2017 The AUD/USD pair went back and forth during the day on Friday but found enough support at the 50-day exponential moving average to find a bit of buying pressure. I think...

USD/JPY Forecast March 24, 2017, Technical Analysis

by FX Empire | March 24, 2017 8:46 am
USD/JPY daily chart, March 24, 2017 The USD/JPY pair had a choppy session on Thursday, testing the 200-exponential moving average and showing signs of volatility. If we can break above the top of the candle, the market...

USD/CAD Forecast March 24, 2017, Technical Analysis

by FX Empire | March 24, 2017 8:44 am
USD/CAD daily chart, March 24, 2017 The USD/CAD pair initially tried to rally on Thursday, but found enough resistance to turn things around to form a shooting star. The shooting star of course is a negative sign...

GBP/USD Forecast March 24, 2017, Technical Analysis

by FX Empire | March 24, 2017 8:43 am
GBP/USD daily chart, March 24, 2017 The GBP/USD pair fell initially during the day on Thursday, but found enough support below the 100-exponential moving average to turn things around and break above the 1.25 handle. If we...

EUR/USD Forecast March 24, 2017, Technical Analysis

by FX Empire | March 24, 2017 8:41 am
EUR/USD daily chart, March 24, 2017 The EUR/USD pair initially fell during the day on Thursday but found the 1.0750 level to be supportive enough to push the sellers away. If we can break above the 1.0840...

AUD/USD Forecast March 24, 2017, Technical Analysis

by FX Empire | March 24, 2017 8:39 am
AUD/USD daily chart, March 24, 2017 The Australian dollar fell during the day, and found the buyers closer to the 0.7650 level. I think that the market is still in a very strong uptrend, and we will...

USD/JPY Forecast March 23, 2017, Technical Analysis

by FX Empire | March 23, 2017 6:10 am
USD/JPY daily chart, March 23, 2017 The USD/JPY pair fell during the day on Wednesday, testing the 200-exponential moving average. If we can bounce from here, that saves a certain amount of bullish pressure in a market...

USD/CAD Forecast March 23, 2017, Technical Analysis

by FX Empire | March 23, 2017 6:07 am
USD/CAD daily chart, March 23, 2017 The USD/CAD pair initially tried to rally on Wednesday, but found enough resistance above the 1.34 level to turn around and form a shooting star. I think we’re going to enter...

GBP/USD Forecast March 23, 2017, Technical Analysis

by FX Empire | March 23, 2017 6:06 am
GBP/USD daily chart, March 23, 2017 The GBP/JPY pair went back and forth during the day on Wednesday, as we tested the 1.25 level for resistance. We ended up forming a somewhat neutral candle, and I believe...