USD/JPY Forecast March 10, 2017, Technical Analysis

by FX Empire | March 10, 2017 7:35 am
USD/JPY daily chart, March 10, 2017 The USD/JPY pair broke higher during the day, slamming into the 115 handle. This is an area that I think it leads the market much higher if we can break above...

USD/CAD Forecast March 10, 2017, Technical Analysis

by FX Empire | March 10, 2017 7:34 am
USD/CAD daily chart, March 10, 2017 The USD/CAD pair broke higher during the day on Thursday, clearing the 1.35 handle. Now that we have broken above there, it’s likely that the market will continue to go higher...

GBP/USD Forecast March 10, 2017, Technical Analysis

by FX Empire | March 10, 2017 7:31 am
GBP/USD daily chart, March 10, 2017 The GBP/USD pair initially tried to rally during the day on Thursday but turned around to form a negative candle again. The US dollar continues to be very strong against most...

EUR/USD Forecast March 10, 2017, Technical Analysis

by FX Empire | March 10, 2017 7:30 am
EUR/USD daily chart, March 10, 2017 The EUR/USD pair tried to rally during the day after comments by the European Central Bank suggesting that quantitative easing was going to be cut back slightly. However, there are still...

AUD/USD Forecast March 10, 2017, Technical Analysis

by FX Empire | March 10, 2017 7:29 am
AUD/USD daily chart, March 10, 2017 The AUD/USD pair fell during the day on Thursday, testing the vital 0.75 level. This is an area that should continue to be important, as it was so resistive in the...

GBPJPY Descending Channel (Mar 10, 2017)

by Kate Curtis | March 10, 2017 5:51 am
GBPJPY has formed lower highs and lower lows, moving inside a descending channel on the 1-hour chart. Price is currently approaching the resistance at the 140.00 major psychological level and if this keeps gains in check, the...

USD/JPY Forecast March 9, 2017, Technical Analysis

by FX Empire | March 9, 2017 6:50 am
USD/JPY daily chart, March 09, 2017 The USD/JPY pair fell initially during the day on Wednesday, but found enough support underneath the 114 level to shoot the market higher. With a better-than-expected ADP jobs number, the US...

EURUSD Approaching Range Support (Mar 09, 2017)

by Kate Curtis | March 9, 2017 6:47 am
EURUSD is making its way to the bottom of its longer-term range at the 1.0500 major psychological level and might be due for a bounce. If so, price could make its way back up to the range...

USD/CAD Forecast January 9, 2017, Technical Analysis

by FX Empire | March 9, 2017 6:46 am
USD/CAD daily chart, March 09, 2017 The USD/CAD pair fell initially, but turned around after the Crude Oil Inventories announcement came out 8 times larger than anticipated. This sends this market looking towards the 1.35 handle, but...

GBP/USD Forecast January 9, 2017, Technical Analysis

by FX Empire | March 9, 2017 6:45 am
GBP/USD daily chart, March 09, 2017 The GBP/USD pair broke down during the day on Wednesday, clearing the bottom of the Tuesday candle. It looks as if we are going to continue to grind a bit lower,...