USD/JPY Forecast March 20, 2017, Technical Analysis

by FX Empire | March 18, 2017 8:07 am
USD/JPY daily chart, March 20, 2017 The USD/JPY pair fell slightly during the day on Friday, as we continue to drift a bit lower. I believe that there is massive support near the 112 handle though, so...

USD/CAD Forecast March 20, 2017, Technical Analysis

by FX Empire | March 18, 2017 8:06 am
USD/CAD daily chart, March 20, 2017 The US dollar initially rallied against the Canadian dollar during the session on Friday, but found enough resistance at the 1.3350 level to turn things around and form a shooting star....

GBP/USD Forecast March 20, 2017, Technical Analysis

by FX Empire | March 18, 2017 8:04 am
GBP/USD daily chart, March 20, 2017 The British pound rose during the Friday session but found the 1.24 level to resistive to continue. By forming a shooting star, this suggests that we are going to pull back...

EUR/USD Forecast March 20, 2017, Technical Analysis

by FX Empire | March 18, 2017 8:03 am
EUR/USD daily chart, March 20, 2017 The EUR/USD pair had a slightly negative session on Friday, as the 1.08 level looms just above. I think we may need to back up just a little bit in order...

AUD/USD Forecast March 20, 2017, Technical Analysis

by FX Empire | March 18, 2017 8:02 am
AUD/USD daily chart, March 20, 2017 The Austrian dollar rose on Friday, testing the 0.77 level. It looks as if we are going to try to break out to the upside given enough time, so I am...

EURJPY Elliott Wave View: Correction in progress

by elliottwave-forecast.com | March 17, 2017 10:26 am
Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding...

EURAUD Break and Retest (Mar 17, 2017)

by Kate Curtis | March 17, 2017 6:34 am
EURAUD recently broke below its ascending channel on the 1-hour time frame and might be due for a pullback before heading further south. Applying the Fib tool on the latest swing high and low shows that the...

USD/JPY Forecast March 17, 2017, Technical Analysis

by FX Empire | March 17, 2017 6:05 am
USD/JPY daily chart, March 17, 2017 The USD/JPY pair fell slightly during the day on Thursday as we continue to bounce around the 113 handle. I think if we can break down below here, the market will...

USD/CAD Forecast March 17, 2017, Technical Analysis

by FX Empire | March 17, 2017 6:04 am
USD/CAD daily chart, March 17, 2017 The US dollar gains lightly against the Canadian dollar after falling precipitously on Wednesday. The 1.33 level offering support, and of course the fact that the oil markets looks so soft...