USD/JPY Forecast March 1, 2016, Technical Analysis

by FX Empire | March 1, 2016 5:28 am
The USD/JPY pair fell slightly during the course of the session on Monday, but found enough support just below to bounce and form a little bit of a hammer. Ultimately, this is a market that has quite...

USD/CAD Forecast March 1, 2016, Technical Analysis

by FX Empire | March 1, 2016 5:27 am
The USD/CAD pair went back and forth during the course of the day on Monday, but ultimately settled for a fairly flat and neutral candle. With that being the case, the market looks as if it is...

GBP/USD Forecast March 1, 2016, Technical Analysis

by FX Empire | March 1, 2016 5:26 am
The GBP/USD pair initially fell during the day on Monday, but then rallied enough to form a fairly strong candle. Nonetheless, we are below the 1.40 level, which should now be resistive considered how supportive and was...

EUR/USD Forecast March 1, 2016, Technical Analysis

by FX Empire | March 1, 2016 5:25 am
EUR/USD pair initially tried to rally on Monday but then spent most of the day falling. Now that we fell below the 1.09 level, this market should try to grind its way down to the 1.08 level....

AUD/USD Forecast March 1, 2016, Technical Analysis

by FX Empire | March 1, 2016 5:24 am
The AUD/USD pair bounced at the open on Monday, but quite frankly with the massively negative candle that we had formed on Friday, we are still very bearish of this market. On a break below the bottom...

GBPAUD Downtrend Setup (Mar 1, 2016)

by Kate Curtis | March 1, 2016 3:42 am
GBPAUD has been trending below a descending trend line on its 4-hour time frame and seems to be ready for a pullback. Price bounced off the 1.9300 area and might retrace to an area of interest near...

AUDUSD Ascending Channel (Feb 29, 2016)

by Kate Curtis | February 29, 2016 6:50 am
AUDUSD has been trending higher in the past weeks, trading above an ascending channel on its 1-hour time frame. Price is currently testing the trend line support and might be due for a bounce or a break....

USD/JPY Forecast February 29, 2016, Technical Analysis

by FX Empire | February 27, 2016 7:12 am
The USD/JPY pair rose during the course of the session on Friday, testing the 114 area. It looks as if we are going to try to get to the 115 level, and if we can break above...

USD/ CAD Forecast February 29, 2016, Technical Analysis

by FX Empire | February 27, 2016 7:12 am
The USD/CAD pair did very little during the day on Friday as we said just at the 1.35 level. This is an area that should be rather supportive though, so having said that if we break down...

GBP/USD Forecast February 29, 2016, Technical Analysis

by FX Empire | February 27, 2016 7:11 am
The GBP/USD pair initially tried to rally during the course of the session here on Friday, but found the area above the 1.40 level be far too resistive to continue going higher. Because of this, looks as...