AUD/USD Forecast March 4, 2016, Technical Analysis

by FX Empire | March 4, 2016 6:05 am
The AUD/USD pair broke higher during the course of the session on Thursday, as we have cleared a massive resistance barrier in the form of the previous uptrend line. Because of this, the market looks as if...

USD/JPY Forecast March 3, 2016, Technical Analysis

by FX Empire | March 3, 2016 7:38 am
The USD/JPY pair initially tried to rally during the course of the day on Wednesday but turned back around and formed a shooting star. This suggests that we are going to continue to go back and forth...

USD/CAD Forecast March 3, 2016, Technical Analysis

by FX Empire | March 3, 2016 7:37 am
The USD/CAD pair initially rallied during the course of the session on Wednesday, testing the 1.35 level. Having said that, the market turned back around to form a shooting star, and with that being the case it...

GBP/USD Forecast March 3, 2016, Technical Analysis

by FX Empire | March 3, 2016 7:37 am
The GBP/USD pair initially pulled back during the course of the day on Wednesday, but then shot well above the 1.40 level, and even more importantly the top of the shooting star from the Tuesday session. That...

EUR/USD Forecast March 3, 2016, Technical Analysis

by FX Empire | March 3, 2016 7:36 am
The EUR/USD pair initially fell during the course of the day on Wednesday, but we found enough support just above the 1.08 level to turn things back around and form a hammer. The hammer of course is...

AUD/USD Forecast March 3, 2016, Technical Analysis

by FX Empire | March 3, 2016 7:35 am
The AUD/USD pair broke out during the day on Wednesday as we cleared the uptrend line that had previously been so resistive. Because of this, looks as if we should continue to go higher in the Australian...

GBPUSD Downtrend Retracement (Mar 3, 2016)

by Kate Curtis | March 3, 2016 4:20 am
GBPUSD has been trending lower on the longer-term time frames and the recent rally offers an opportunity to short on a pullback. A descending trend line can be drawn to connect the latest highs of price action...

USD/JPY Forecast March 2, 2016, Technical Analysis

by FX Empire | March 2, 2016 5:53 am
The USD/JPY pair broke higher during the course of the day on Tuesday, suggesting that we’re going to try to reach towards the 115 handle. With that being the case, we are simply going to wait to...

USD/CAD Forecast March 2, 2016, Technical Analysis

by FX Empire | March 2, 2016 5:53 am
The USD/CAD pair fell during the course of the day and sliced well below the 1.35 handle. Because of this, looks at the pair is ready to continue going lower, but we recognize that oil markets will...

GBP/USD Forecast March 2, 2016, Technical Analysis

by FX Empire | March 2, 2016 5:52 am
The GBP/USD pair initially tried to rally during the course of the day on Tuesday, but as you can see pullback The 1.40 level. That of course is a large, round, psychologically significant number, and an area...