GBP/USD Forecast March 21, 2014, Technical Analysis
The GBP/USD pair try to rally during the session on Thursday, but failed to hang onto the gains. With that being the case, we also dipped below the 1.65 handle. At the end of the day, we...
Author: FX Empire
EUR/USD Forecast March 21, 2014, Technical Analysis
The EUR/USD pair fell during the session on Thursday, clearing the 1.38 level to the downside. The market is starting to head towards a cluster of trading near the 1.37 handle, so it doesn’t surprise us that...
AUD/USD Forecast March 21, 2014, Technical Analysis
The AUD/USD pair initially fell on Thursday, but found enough support at the 0.90 level in order to bounce and form a hammer. This of course is a very bullish sign, and as a massive large round...
USD/JPY Forecast March 20, 2014, Technical Analysis
The USD/JPY pair when higher during the session on Wednesday, as the Federal Reserve announced that it believed short-term interest rates would reach 1% by the end of next year. That is stronger and higher than originally...
USD/CAD Forecast March 20, 2014, Technical Analysis
The USD/CAD pair rose during the session on Wednesday, breaking above the 1.12 level finally. This is an area that we have been talking about for some time now, suggesting that it was the resistance that needed...
GBP/USD Forecast March 20, 2014, Technical Analysis
The GBP/USD pair originally when higher during the session on Wednesday, but as you can see the 1.6650 level offered enough resistance to push the market back down. We fell as low as 1.65 during the session,...
EUR/USD Forecast March 20, 2014, Technical Analysis
The EUR/USD pair fell hard during the session on Wednesday after the Federal Reserve announced that it expect a short-term interest rates to be at roughly 1% by the end of next year. This suggests that interest...
AUD/USD Forecast March 20, 2014, Technical Analysis
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.90 level to keep the market somewhat afloat. That being the case, it appears that the market will more than likely...
GBPUSD Daily Analysis – March 19, 2014
GBPUSD continued its downward movement from 1.6822, and the fall extended to as low as 1.6545. Further decline could be expected after consolidation, and the target would be at 1.6450 area. Resistance is at 1.6670, followed by...
USD/JPY Forecast March 19, 2014, Technical Analysis
The USD/JPY pair fell during the session on Tuesday, but remains in the consolidation area that we have been in for some time. That being the case, we feel that this market should continue to go higher,...