AUD/USD Forecast March 13, 2014, Technical Analysis

by FX Empire | March 13, 2014 6:51 am
The AUD/USD pair fell initially during the session on Wednesday, but found enough support near the 0.8950 level to turn things back around and form a hammer. This hammer of course suggests that the market is going...

USD/JPY Resistance Turned Support (March 12, 2014)

by Kate Curtis | March 12, 2014 6:27 am
USD/JPY might be in for a quick pullback to an area of interest before resuming its rally. The pair recently broke above the 102.50 minor psychological level, which has been holding as resistance in the past month....

USD/JPY Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:39 am
The USD/JPY pair fell during the session on Tuesday, testing the 103 support level. This level of course has been massively resistive in the past, so it makes sense that would be supportive now. This represents a...

USD/CAD Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:38 am
The USD/CAD pair fell during the session on Tuesday, but as you can see found enough support at the 1.11 level in order to bounce and form a hammer. This hammer of course signifies that the market...

GBP/USD Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:38 am
The GBP/USD pair did very little during the session on Tuesday, but did print a negative candle. The printed somewhat of a hammer, based upon the 1.664 level. With that being the case, we feel that support...

EUR/USD Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:37 am
The EUR USD pair pullback during the session on Tuesday, but found enough support below in order to bounce and army hammer. This hammer completely contradicts the shooting star from the Friday session, and appears like a...

AUD/USD Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:36 am
The AUD/USD pair initially try to rally during the session on Tuesday, but as you can see found enough resistance to push the market back down. We find yourselves now below the 0.90 handle, and we will...

NZD/USD Uptrend to Continue? (March 11, 2014)

by Kate Curtis | March 11, 2014 7:30 am
NZD/USD is in a strong uptrend on its short-term time frame, boosted by rate hike expectations in this week’s RBNZ interest rate decision. Earlier today, New Zealand Prime Minister John Key remarked that rates need to return...

USD/JPY Forecast March 11, 2014, Technical Analysis

by FX Empire | March 11, 2014 5:26 am
The USD/JPY pair initially fell during the first part of the Monday session, but as you can see spent the rest of the day bouncing in order to form a hammer. This hammer is situated at the...

USD/CAD Forecast March 11, 2014, Technical Analysis

by FX Empire | March 11, 2014 5:26 am
The USD/CAD pair rose during the session on Monday, but found enough resistance to turn back around and form a shooting star. While this is technically a bearish sign, we believe that it is simply a hens...