EUR/USD Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:16 am
The EUR/USD pair fell during the course of the session on Wednesday, testing the 1.1050 level. This is an area that had previously been resistive, and it should now be support. We did bounce from there, and...

AUD/USD Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:15 am
The AUD/USD pair went back and forth on Wednesday, as we continue to see quite a bit of interest between the 0.74 level on the bottom, and the 0.75 level on the top. Ultimately though, this is...

EURGBP Range Forming (Mar 17, 2016)

by Kate Curtis | March 17, 2016 3:43 am
EURGBP has found support at the .7700 major psychological level and is making its way up to test the resistance at .7900. If the top of the range holds, another move towards the bottom of the range...

USD/JPY Forecast March 16, 2016, Technical Analysis

by FX Empire | March 16, 2016 6:42 am
The USD/JPY pair fell during the course of the day on Tuesday, but found enough support below the 113 level to turn things back around and form a hammer. This simply means that we’re going to continue...

USD/CAD Forecast March 16, 2016, Technical Analysis

by FX Empire | March 16, 2016 6:41 am
The USD/CAD pair rose during the course of the session on Tuesday, as oil markets fell. It looks as the market is trying to reach towards the 1.35 handle, which is a massive resistance barrier. If we...

GBP/USD Forecast March 16, 2016, Technical Analysis

by FX Empire | March 16, 2016 6:40 am
The GBP/USD pair fell during the course of the day on Tuesday, testing the 1.4150 region. Looking at this chart, it appears that we will probably try to get down to the 1.40 level, which is massively...

EUR/USD Forecast March 16, 2016, Technical Analysis

by FX Empire | March 16, 2016 6:38 am
The EUR/USD pair fell initially during the course of the session on Tuesday, but found enough support just above the 1.1050 level to turn things around and form a hammer. This is an area that I have...

AUD/USD Forecast March 16, 2016, Technical Analysis

by FX Empire | March 16, 2016 6:37 am
The AUD/USD pair fell during the course of the session on Tuesday, as we enter the support zone that we had talked about previously, which extends all the way down to the 0.74 level. A supportive candle...

NZDUSD Testing Channel Support (Mar 16, 2016)

by Kate Curtis | March 16, 2016 3:23 am
NZDUSD has been trending higher and moving inside a rising channel pattern on its 4-hour time frame. Price is now testing the channel support at .6600 and might be due for a bounce if the trend remains...

USD/JPY Forecast March 15, 2016, Technical Analysis

by FX Empire | March 15, 2016 6:11 am
The USD/JPY pair fell slightly during the course of the day on Monday, as we continue to bounce around in the consolidation area that been so important in this market. With that being the case, it looks...