USD/CAD Forecast March 16, 2015, Technical Analysis
The USD/CAD pair broke higher during the course of the session on Friday, as we reached to fresh new highs. However, the market did run into a little bit of trouble at the end of the day....
Author: FX Empire
GBP/USD Forecast March 16, 2015, Technical Analysis
The GBP/USD pair broke down during the session on Friday, slicing through the 1.48 level. The 1.48 level was the bottom of the supportive zone that we had talked about previously, and now it looks like the...
EUR/USD Forecast March 16, 2015, Technical Analysis
The EUR/USD pair fell during the session on Friday, testing the 1.05 level yet again. This is an area that has been supportive over the last couple of sessions, but ultimately we believe that this market is...
AUD/USD Forecast March 16, 2015, Technical Analysis
The AUD/USD pair fell during the course of the session on Friday, as we continue to drift much lower. The Australian dollar of course continues to suffer being a commodity related currency, and of course the US...
USD/JPY Forecast March 13, 2014, Technical Analysis
The USD/JPY pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a nice-looking hammer. That being the case, looks as if the market is ready to...
USD/CAD Forecast March 13, 2015, technical analysis
The USD/CAD pair initially fell during the course of the session on Thursday, but as you can see found enough support at the 1.26 level to turn things back around and form a hammer. This hammer of...
GBP/USD Forecast March 13, 2015, Technical Analysis
The GBP/USD pair initially tried to break out to the upside and above the 1.50 level on Thursday, but struggled and turned back around to form a massive shooting star. Because of this, we feel that the...
EUR/USD Forecast March 13, 2015, technical analysis
The EUR/USD pair broke higher during the session on Thursday, using the 1.05 level as a springboard. We ultimately believe that the market will sell off again, and about the 1.05 level is minor support at best....
AUD/USD Forecast March 13, 2015, technical analysis
The AUD/USD pair broke out to the upside during the session on Thursday, but as you can see is still very much so in a downtrend. Because of this, we feel that simply waiting for a resistive...
USD/JPY Forecast March 12, 2015, technical analysis
The USD/JPY pair went back and forth during the course of the session on Wednesday, essentially proving nothing. The one thing that we do notice though is the fact that the market didn’t break down after breaking...