USD/CAD Triangle Pullback (March 26, 2014)

by Kate Curtis | March 26, 2014 7:27 am
USD/CAD recently broke above a triangle pattern on its 4-hour time frame, suggesting that the uptrend is ready to resume. This breakout was sparked by comments from BOC Governor Poloz, suggesting that a rate cut might be...

USD/JPY Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:19 am
The USD/JPY pair did very little during the session on Tuesday, as we continue to hang about the 102.25 area. This being the case, it appears the markets are simply grinding its way sideways, but we know...

USD/CAD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:19 am
The USD/CAD pair fell during the session on Tuesday, but as you can see we’re still above the support level at the 1.11 level. We believe that that area should bring in buyers back into the market,...

GBP/USD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:18 am
The GBP/USD pair rose during the session on Tuesday, using the 1.65 level as a bit of a springboard. With that being the case, we feel that this market is in fact going to grind higher, but...

EUR/USD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:17 am
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer....

AUD/USD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:16 am
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle. This is a trigger for us, and we believe that this market is now going to head to the 0.9250 level. That being...

NZD/USD Uptrend To Resume? (March 25, 2014)

by Kate Curtis | March 25, 2014 10:44 am
NZD/USD is still in an uptrend, with the rising trend line on the 1-hour time frame very much intact. Positive carry, thanks to the recent RBNZ interest rate hike, is keeping the pair afloat in the near...

USD/JPY Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:21 am
The USD/JPY pair tried to rally during the session on Monday, but as you can see found way too much in the form of resistance at the 102.50 level. Because of this, the market pullback informed a...

USD/CAD Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:21 am
The USD/CAD pair fell during the bulk of the session on Monday, but as you can see is still elevated from where we had been trading. With that in mind, we feel that supportive candles will be...

GBP/USD Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:20 am
The GBP/USD pair went back and forth during the session on Monday, essentially hugging the 1.65 handle. That being the case, the market appears like it’s trying to find some type of base around here, which is...