GBP/USD Forecast March 28, 2017, Technical Analysis

by FX Empire | March 28, 2017 9:19 am
GBP/USD daily chart, March 28, 2017 The GBP/USD pair broke down to the upside during the day on Monday, reaching towards the 1.26 handle. Ultimately, a pullback from here will more than likely find support at the...

EUR/USD Forecast March 28, 2017, Technical Analysis

by FX Empire | March 28, 2017 9:18 am
EUR/USD daily chart, March 28, 2017 The EUR/USD pair gapped to the upside on Monday, reaching towards the 1.09 level during the day. Pullbacks should continue to offer buying opportunities, as the market looks so well supported....

AUD/USD Forecast March 28, 2017, Technical Analysis

by FX Empire | March 28, 2017 9:17 am
AUD/USD daily chart, March 28, 2017 The AUD/USD pair initially tried to rally during the day on Monday, but turned around to form a negative candle. It looks as if the 50-day exponential moving average underneath will...

USDJPY Elliott wave View: Extension lower

by elliottwave-forecast.com | March 28, 2017 8:54 am
We are taking the more aggressive view in USDJPY and calling the rally to 115.48 on 3/10 as Intermediate wave (B). Decline from there is unfolding as a 5 waves impulse Elliott wave structure with an extension in wave 3....

EURAUD Channel Retracement (Mar 28, 2017)

by Kate Curtis | March 28, 2017 4:05 am
EURAUD has formed higher lows and higher highs, moving inside an ascending channel pattern visible on its 4-hour chart. Applying the Fib tool on the latest swing high and low shows that the 61.8% retracement level lines...

EURGBP Short-Term Channel (Mar 27, 2017)

by Kate Curtis | March 27, 2017 5:32 am
EURGBP has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows of price action. Price gapped higher over the weekend and is about to test the channel...

USD/JPY Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:24 am
USD/JPY daily chart, March 27, 2017 The USD/JPY pair initially tried to rally on Friday but turned around to form a shooting star. The 200 exponentials moving averages slicing right through the candle, so I think we...

USD/CAD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:23 am
USD/CAD daily chart, March 27, 2017 The US dollar rallied against the Canadian dollar on Friday, as we continue to press to the upside. Pay attention oil, looks as if it is very vulnerable and if that’s...

GBP/USD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:22 am
GBP/USD daily chart, March 27, 2017 The GBP/USD pair fell initially on Friday but found enough support at the 100-exponential moving average to turn around and form a slightly supportive candle. However, I think there so much...

EUR/USD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:20 am
EUR/USD daily chart, March 27, 2017 The EUR/USD pair initially fell during the day on Friday, but found enough support at the 1.0750 level to turn these around to form a hammer. It looks now as if...