AUD/USD Price Forecast March 21, 2018, Technical Analysis

by FX Empire | March 21, 2018 6:14 am
The Australian dollar has initially fell during the trading session on Tuesday, but you can see is starting to bounce a bit on the chart. I think that the 0.77 level is going to continue to be...

USDCAD Simple Retracement (Mar 20, 2018)

by Kate Curtis | March 20, 2018 5:26 am
USDCAD is still trending higher, moving above an ascending trend line visible on its 4-hour time frame. Price is stalling around the 1.3100 handle and looks prime for a pullback to the uptrend line. Using the Fib...

AUDUSD Countertrend Play (Mar 19, 2018)

by Kate Curtis | March 19, 2018 3:57 am
AUDUSD has been trending lower and moving inside a descending channel on its 1-hour time frame. Price bounced off the resistance and is setting its sights on the channel support around the .7650 minor psychological level. The...

USD/JPY Price Forecast March 16, 2018, Technical Analysis

by FX Empire | March 16, 2018 6:40 am
The US dollar has gone back and forth during the trading session on Thursday, as the stock market seem to be struggling for some type of clarity. Because of this, I’m not expecting much out of the...

GBP/USD Price Forecast March 16, 2018, Technical Analysis

by FX Empire | March 16, 2018 6:38 am
The British pound has initially fallen during trading on Thursday but continues to find support at the previous downtrend line. Because of this, I think that the market is eventually going to build up the necessary momentum...

EUR/USD Price Forecast March 16, 2018, Technical Analysis

by FX Empire | March 16, 2018 6:37 am
The EUR/USD pair has drifted lower during the trading session on Thursday, showing signs of “risk off” trading. I think that we will eventually find buyers underneath, as the 1.23 level should be important. If we break...

AUD/USD Price Forecast March 16, 2018, Technical Analysis

by FX Empire | March 16, 2018 6:35 am
The Australian dollar has fallen a bit during the trading session on Thursday, as the stock markets and gold markets continue to be very noisy. There are a lot of geopolitical concerns right now, and quite frankly...

USDJPY Descending Triangle (Mar 16, 2018)

by Kate Curtis | March 16, 2018 6:35 am
USDJPY has formed lower highs and found support at the 105.60 level, creating a descending triangle pattern on its 1-hour time frame. Price just bounced off resistance and could be due for a test of support soon....

USD/JPY Price Forecast March 15, 2018, Technical Analysis

by FX Empire | March 15, 2018 6:08 am
The US dollar initially fell against the Japanese yen during trading on Wednesday, reaching down towards the 106.25 level, an area that has been supportive over the last several days. This area was previous resistance, so that...