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...

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...

GBP/USD Forecast March 11, 2014, Technical Analysis

by FX Empire | March 11, 2014 5:25 am
The GBP/USD pair fell during the session on Friday, but found enough support near the 1.6650 handle to bounce slightly at the end of the day. With that, we feel that this market continues to grind sideways,...

EUR/USD Forecast March 11, 2014, Technical Analysis

by FX Empire | March 11, 2014 5:24 am
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis. I have stated...

AUD/USD Forecast March 11, 2014, Technical Analysis

by FX Empire | March 11, 2014 5:23 am
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle. We do see a significant amount of support all the way down to the 0.9 handle, so any type of supportive candle...

USD/JPY Forecast March 10, 2014, Technical Analysis

by FX Empire | March 8, 2014 3:08 pm
The USD/JPY pair shot higher during the session on Friday, but as you can see pulled back to give most of the gains away. The resulting candle is a little bit of the shooting star, but at...