EURGBP Short-Term Channel (Mar 27, 2017)

by Kate Curtis | March 27, 2017 5:32 am
EURGBP has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows of price action. Price gapped higher over the weekend and is about to test the channel...

USD/JPY Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:24 am
USD/JPY daily chart, March 27, 2017 The USD/JPY pair initially tried to rally on Friday but turned around to form a shooting star. The 200 exponentials moving averages slicing right through the candle, so I think we...

USD/CAD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:23 am
USD/CAD daily chart, March 27, 2017 The US dollar rallied against the Canadian dollar on Friday, as we continue to press to the upside. Pay attention oil, looks as if it is very vulnerable and if that’s...

GBP/USD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:22 am
GBP/USD daily chart, March 27, 2017 The GBP/USD pair fell initially on Friday but found enough support at the 100-exponential moving average to turn around and form a slightly supportive candle. However, I think there so much...

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...

AUDUSD Technical Analysis: Bullish Pattern

by elliottwave-forecast.com | March 24, 2017 10:17 am
AUDUSD found a possible bottom in December 2015 and has bounced higher. The pair has tried to test the December 2015 low but has been rejected twice, once in May 2016 and the second time in December...

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...