USD/CAD Forecast March 10, 2014, Technical Analysis

by FX Empire | March 8, 2014 3:06 pm
The USD/CAD pair rose drastically during the session on Friday, as the nonfarm payroll numbers came out stronger than anticipated. However, we are still well below the 1.12 level, the area that we need to see broken...

GBP/USD Forecast March 10, 2014, Technical Analysis

by FX Empire | March 8, 2014 3:05 pm
The GBP/USD pair rallied at first during the session on Friday, but as you can see turned back around to form a shooting star. Although this is a very bearish candle, we believe that this pair is...

EUR/USD Forecast March 10, 2014, Technical Analysis

by FX Empire | March 8, 2014 3:04 pm
The EUR/USD pair broke above a downtrend line during the session on Friday, but turn things back around and formed a shooting star. Because of this, we feel that the markets probably going to pull back to...

AUD/USD Forecast March 10, 2014, Technical Analysis

by FX Empire | March 8, 2014 3:03 pm
The AUD/USD pair initially rallied during the session on Friday, but turned back around to form a negative candle. This negative candle of course signifies of the market my pull back and that would of course makes...

EUR/USD Forecast March 7, 2013, Technical Analysis

by FX Empire | March 7, 2014 7:30 am
The EUR/USD pair had a strong showing on Thursday, slicing through the 1.38 level, and slamming into what is considered to be the downtrend line from the monthly downtrend channel. Because of this, we believe that the...

AUD/USD Forecast March 7, 2014, Technical Analysis

by FX Empire | March 7, 2014 7:30 am
The AUD/USD pair rose during the session on Thursday, smashing through the barriers of resistance that we have seen for some time now. Because of this, the outlook on this market has changed drastically, as a move...

USD/JPY Forecast March 6, 2014, Technical Analysis

by FX Empire | March 6, 2014 6:23 am
The USD/JPY pair initially try to rally during the session on Wednesday, but at the end of the day pulled back enough to form a shooting star. The 102.50 level is an area that has caused resistance...

USD/CAD Forecast March 6, 2014, Technical Analysis

by FX Empire | March 6, 2014 6:22 am
The USD/CAD pair fell during the session on Wednesday, but remains above the 1.10 level still. That being the case, it appears that the market still offers buying opportunities on supportive candles all the way down to...

GBP/USD Forecast March 6, 2014, Technical Analysis

by FX Empire | March 6, 2014 6:22 am
The GBP/USD pair rose during the session on Wednesday, bouncing off of the 1.66 level in order to continue the basing pattern that we’ve seen recently. We believe that this market will eventually go to the 1.70...

EUR/USD Forecast March 6, 2014, Technical Analysis

by FX Empire | March 6, 2014 6:21 am
The EUR/USD pair fell during the session on Wednesday, but as you can see bounced enough to form a hammer. This hammer suggests that the market is going to stay noisy after forming a shooting star on...