USD/CAD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 3:01 am
The USD/CAD pair initially fell on Tuesday, but shot higher as the Bank of Canada’s Poloz said that the interest-rate cuts weren’t necessarily out of the question. This of course got the weak hands out of the...

GBP/USD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 3:01 am
The GBP/USD pair fell during the bulk of the session on Tuesday, but found enough support at the 1.6550 level to turn things back around and form a hammer. This large hammer of course suggests that we...

EUR/USD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 2:59 am
The EUR/USD pair fell during the session on Tuesday, but found enough support at the 1.39 level soon 10 things back around and form a hammer. This hammer suggests to us that we are continuing to build...

AUD/USD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 2:58 am
The AUD/USD pair initially fell during the session on Tuesday, but as you can see found enough support to shoot straight up in the air. We haven’t necessarily completely broken out yet, but it is starting look...

USD/JPY Forecast March 18, 2014, Technical Analysis

by FX Empire | March 18, 2014 6:59 am
The USD/JPY pair rose during the session on Monday, bouncing off of the 101.50 level. This looks like a market that is ready to consolidate somewhere, but keep in mind that there is a nice uptrend line...

USD/CAD Forecast March 18, 2014, Technical Analysis

by FX Empire | March 18, 2014 6:59 am
The USD/CAD pair fell during the session on Monday, testing the 1.1050 level. That market bounces slightly from there though, and as a result it looks like we really are going to do much in the meantime....

GBP/USD Forecast March 18, 2014, Technical Analysis

by FX Empire | March 18, 2014 6:58 am
The GBP/USD pair went back and forth during the session on the day Monday, and as you can see we continue to hang out in the general vicinity of 1.6650 level. The market has been very choppy...

EUR/USD Forecast March 18, 2014, Technical Analysis

by FX Empire | March 18, 2014 6:57 am
The EUR/USD pair went back and forth during the session on Monday, essentially showing that the area just above is going to continue to be massively resistive. There is a downtrend line from the monthly timeframe that...

AUD/USD Forecast March 18, 2014, Technical Analysis

by FX Empire | March 18, 2014 6:57 am
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.90 level to bounce and go much higher. However, we are still in the consolidation area that we have been in...

USD/JPY Forecast March 17, 2014, Technical Analysis

by FX Empire | March 15, 2014 1:55 pm
USD/JPY pair fell during the session on Friday, but as you can see is above the uptrend line that is in our opinion somewhat major, and above the 101 handle. With that, we feel that the market...