GBP/USD Forecast March 11, 2016, Technical Analysis

by FX Empire | March 11, 2016 7:01 am
The GBP/USD pair initially fell during the course of the day on Thursday, but found enough support near the 1.41 level to turn things back around and break up to the 1.43 handle. If we can break...

EUR/USD Forecast March 11, 2016, Technical Analysis

by FX Empire | March 11, 2016 7:00 am
The EUR/USD pair had an absolute ridiculous session during the day on Thursday, as we initially fell all the way down to the 1.08 level, and then turning right back around to break out and above the...

AUD/USD Forecast March 11, 2016, Technical Analysis

by FX Empire | March 11, 2016 6:59 am
The AUD/USD pair initially tried to break above the 0.75 level again, but struggled as we got up there and ended up turning back around. That being the case, we could not continue the move higher, and...

EURAUD Correction Setup (Mar 11, 2016)

by Kate Curtis | March 11, 2016 5:05 am
EURAUD previously broke below a double top pattern, signaling that a downtrend was in order. Price dipped to the 1.4467 low soon after before showing signs of a pullback after the ECB press conference. Using the Fibonacci...

USD/JPY Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:32 am
The USD/JPY pair initially fell during the day on Wednesday but turned back around to form a bit of a supportive candle as the 112 level continues offer support. Ultimately, the market should grind its way towards...

USD/CAD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:31 am
The USD/CAD pair broke down during the day on Wednesday, slicing through the bottom half of a hammer that could have turned the market completely around. We will have to see what happens with the oil next,...

GBP/USD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:31 am
The GBP/USD pair rose slightly during the course of the session on Wednesday, as it looks like we’re trying to continue to go higher. If we can break above the recent consolidation of the last couple of...

EUR/USD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:30 am
The EUR/USD pair broke higher after initially dropping during the session on Wednesday, as we prepare for the ECB interest rate announcement and of course monetary policy statement. Because of this, it’s likely that the market is...

AUD/USD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:29 am
The AUD/USD pair broke higher during the course of the session on Wednesday, breaking above the past couple of shooting stars. Not only that, we have broken above the 0.75 handle, which of course has a certain...

NZDUSD Rising Channel Support (Mar 10, 2016)

by Kate Curtis | March 10, 2016 4:34 am
NZDUSD has been on an uptrend on its 4-hour chart but just recently bounced off the top of the rising channel. Price is now headed towards the bottom of the range at the .6600 major psychological level,...