GBP/USD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:31 am
The GBP/USD pair rose slightly during the course of the session on Wednesday, as it looks like we’re trying to continue to go higher. If we can break above the recent consolidation of the last couple of...

EUR/USD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:30 am
The EUR/USD pair broke higher after initially dropping during the session on Wednesday, as we prepare for the ECB interest rate announcement and of course monetary policy statement. Because of this, it’s likely that the market is...

AUD/USD Forecast March 10, 2016, Technical Analysis

by FX Empire | March 10, 2016 6:29 am
The AUD/USD pair broke higher during the course of the session on Wednesday, breaking above the past couple of shooting stars. Not only that, we have broken above the 0.75 handle, which of course has a certain...

NZDUSD Rising Channel Support (Mar 10, 2016)

by Kate Curtis | March 10, 2016 4:34 am
NZDUSD has been on an uptrend on its 4-hour chart but just recently bounced off the top of the rising channel. Price is now headed towards the bottom of the range at the .6600 major psychological level,...

NZDUSD Channel Resistance (Mar 09, 2016)

by Kate Curtis | March 9, 2016 6:49 am
NZDUSD is trending higher but a countertrend opportunity is presenting itself now that the pair is testing the rising channel resistance. The top of the range at .6800 appears to have held as a ceiling, with a...

USD/JPY Forecast March 9, 2016, Technical Analysis

by FX Empire | March 9, 2016 6:05 am
The USD/JPY pair fell during the day on Monday, dropping towards the 112.50 level. The market looks as if it is continuing to consolidate between the 112 level on the bottom, and the 115 level on the...

USD/CAD Forecast March 9, 2016, Technical Analysis

by FX Empire | March 9, 2016 6:04 am
The USD/CAD pair broke higher during the course of the session on Tuesday, as we broke above the top of the hammer on Monday. By doing so, this is considered to be a buy signal, and that...

GBP/USD Forecast March 9, 2016, Technical Analysis

by FX Empire | March 9, 2016 6:03 am
The GBP/USD pair initially fell during the course of the day on Monday, but turned back around to form a hammer. The hammer of course is a positive candle, and we also formed one during the previous...

EUR/USD Forecast March 9, 2016, Technical Analysis

by FX Empire | March 9, 2016 6:03 am
The EUR/USD pair initially rallied during the course of the day on Tuesday, testing the 1.1050 level. With this, the market looks as if it isn’t quite ready to break out yet, but breaking above the top...

AUD/USD Forecast March 9, 2016, Technical Analysis

by FX Empire | March 9, 2016 6:02 am
The AUD/USD pair initially fell during the course of the day on Tuesday, testing the 0.74 area. We turned right back around in order to form a slightly positive candle, but we are getting fairly close to...