USD/CAD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:05 am
USD/CAD daily chart, March 07, 2017 The USD/CAD pair initially rallied on Monday, but just as we saw on Friday, the sellers came in and pushed the market back below the 1.34 handle. By breaking down below...

GBP/USD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:03 am
GBP/USD daily chart, March 07, 2017 The GBP/USD pair initially tried to rally during the day on Monday but turned around to fall towards the 1.2250 level again. This is an area where we have found support,...

EUR/USD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:01 am
EUR/USD daily chart, March 07, 2017 The EUR/USD pair tried to rally, but the 50-day exponential moving average has again offered too much resistance for the buyers to continue pushing. Because of this, I believe that the...

AUD/USD Forecast March 7, 2017, Technical Analysis

by FX Empire | March 7, 2017 7:00 am
AUD/USD daily chart, March 07, 2017 The AUD/USD pair fell a bit during the day on Monday, but found enough support at the 50-day exponential moving average to turn things around and bounce a bit. I believe...

USD/JPY Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:18 am
USD/JPY daily chart, March 06, 2017 The USD/JPY pair initially fell on Friday but turned around to show signs of strength again. By forming this hammer like candle, looks as if we’re going to push up against...

USD/CAD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:17 am
USD/CAD daily chart, March 06, 2017 The USD/CAD pair continues to show bullish pressure, as the market rallied on Friday. We are starting to get a little bit overextended, so I would not be surprised at all...

GBP/USD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:16 am
GBP/USD daily chart, March 06, 2017 The GBP/USD pair initially fell on Friday, but found enough support to form a hammer right at the 1.2250 level. This is an area that’s been minor support and resistance in...

EUR/USD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:14 am
EUR/USD daily chart, March 06, 2017 The EUR/USD pair bounced off the 1.05 level again, an area that has been rather supportive recently. If we can break above the top of the candle, I think the market...

AUD/USD Forecast March 6, 2017, Technical Analysis

by FX Empire | March 6, 2017 2:13 am
The AUD/USD pair fell a bit during the day on Friday but found a bit of support at the 0.7550 level. The market has massive support at the 0.75 level as well, so I believe that it’s...

USD/JPY Forecast March 3, 2017, Technical Analysis

by FX Empire | March 3, 2017 8:31 am
The USD/JPY pair broke higher during the day on Thursday, reaching towards the 115 handle. I think we will get there, but at that point we may run into a bit of resistance. Currently, we are consolidating...