EUR/USD Forecast March 31, 2016, Technical Analysis

by FX Empire | March 31, 2016 8:07 am
The EUR/USD pair initially tried to rally during the course of the day but found enough resistance above the 1.13 level to turn things around and form a shooting star the shooting star of course is a...

AUD/USD Forecast March 31, 2016, Technical Analysis

by FX Empire | March 31, 2016 8:05 am
The AUD/USD pair initially rose during the course of the day on Wednesday, but turn right back around to form a bit of a shooting star. The shooting star of course is near the top of the...

EURJPY Downtrend Retracement (Mar 31, 2016)

by Kate Curtis | March 31, 2016 3:56 am
EURJPY has been on a long-term downtrend, moving below a descending trend line on its daily time frame. Price looks ready for another test of the resistance area, which is around the Fib levels based on the...

USD/JPY Forecast March 30, 2016, Technical Analysis

by FX Empire | March 30, 2016 6:57 am
The USD/JPY pair fell hard during the course of the session on Tuesday, but remains well within the consolidation area that we have seen. However, we cannot help but notice that this has made the Monday candle...

USD/CAD Forecast March 30, 2016, Technical Analysis

by FX Empire | March 30, 2016 6:57 am
The USD/CAD pair fell during the course of the session on Tuesday, as we race back down to the 1.3 level below. There is an uptrend line just below, as it has kept this market afloat in...

GBP/USD Forecast March 30, 2016, Technical Analysis

by FX Empire | March 30, 2016 6:56 am
The GBP/USD pair initially fell during the day on Tuesday, but turned around to break to the 1.44 level. At this point in time, the 1.45 level is massively resistive, so we need to break above there...

EUR/USD Forecast March 30, 2016, Technical Analysis

by FX Empire | March 30, 2016 6:55 am
The EUR/USD pair initially fell during the day on Tuesday, but found enough support below to turn things around and skyrocket higher. We broke above the 1.1250 level, and it now looks like we are going to...

AUD/USD Forecast March 30, 2016, Technical Analysis

by FX Empire | March 30, 2016 6:54 am
The AUD/USD pair initially fell during the course of the session on Tuesday, testing the 0.75 level for support. We believe that the support extends all the way down to the 0.74 level, and with that being...

USDJPY Descending Triangle (Mar 30, 2016)

by Kate Curtis | March 30, 2016 3:28 am
USDJPY has formed lower highs and found support at 111.25, creating a descending triangle pattern on its 4-hour time frame. Price is currently testing the resistance at 113.50 and if this keeps gains in check, the pair...

USD/JPY Forecast March 29, 2016, Technical Analysis

by FX Empire | March 29, 2016 6:31 am
The USD/JPY pair fell during the course of the day on Monday, but turned gray back around to bounce and form a bit of a hammer. The hammer of course suggests that we are going to go...