AUD/USD Forecast March 5, 2014, Technical Analysis

by FX Empire | March 5, 2014 6:56 am
The AUD/USD pair rose during the session on Tuesday, but found resistance just above the 0.8950 level. This market has plenty of resistance all the way to the 0.91 handle, so therefore we are simply waiting for...

USD/JPY Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:33 am
The USD/JPY pair gapped lower at the open on Monday, but as you can see basically went nowhere. There was a little bit of a safe haven bid for the Yen, but ultimately the market settle down....

USD/CAD Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:33 am
The USD/CAD pair went back and forth during the session on Monday, essentially settling nothing. We believe that this pair is essentially comfortable in this range, and as a result we do not expect much in the...

GBP/USD Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:32 am
The GBP/USD pair fell hard during the session on a day on Monday, testing the 1.6650 level. However, we are still well within the consolidation area that we had been in previously. Because of this, we feel...

EUR/USD Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:30 am
The EUR/USD pair fell during the session on Monday, in response to the Russian invasion of the Crimea. A lot of money left the stock markets in the European Union, and this was probably going to be...

AUD/USD Forecast March 4, 2014, Technical Analysis

by FX Empire | March 4, 2014 7:29 am
The AUD/USD pair rose during the session after gapping lower on Monday, but remains below the 0.90 handle. It is because of this that we are actually looking for some type of resistant candle in order to...

USD/JPY Forecast March 3, 2014, Technical Analysis

by FX Empire | March 1, 2014 3:24 pm
The USD/JPY pair fell during the session on Friday, but remains well within the consolidation area that we have seen for some time meaning that we don’t look at this as a move in one direction or...

USD/CAD Forecast March 3, 2014, Technical Analysis

by FX Empire | March 1, 2014 3:24 pm
The USD/CAD pair fell during the session on Friday, but found enough support at the 1.1050 level in order to bounce slightly. Nonetheless, the market seems as if it is consolidating in this general vicinity, but we...

GBP/USD Forecast March 3, 2014, Technical Analysis

by FX Empire | March 1, 2014 3:23 pm
The GBP/USD pair rose during the session on Friday, breaking the top of a hammer from the Thursday session. Because of this, it feels that the market is ready go higher, and that we will finally see...

EUR/USD Forecast March 3, 2014, Technical Analysis

by FX Empire | March 1, 2014 3:22 pm
The EUR/USD pair rose during the session on Friday, slamming into the 1.38 level. This area has served as significant resistance lately, and as a result it isn’t much of a surprise that the market stopped. However,...