GBP/USD Forecast March 18, 2016, Technical Analysis

by FX Empire | March 18, 2016 6:02 am
The GBP/USD pair rose again during the course of the session on Thursday, as we broke significantly above the 1.44 level. With this, it looks as if the market is going to reach the 1.45 handle given...

EUR/USD Forecast March 18, 2016, Technical Analysis

by FX Empire | March 18, 2016 6:01 am
The EUR/USD pair rose during the course of the session on Thursday, testing the 1.13 handle. It now looks as if we are ready to go higher, but more than likely we will need to pull back...

AUD/USD Forecast March 18, 2016, Technical Analysis

by FX Empire | March 18, 2016 6:00 am
The AUD/USD pair initially fell during the course of the session on Thursday, and then turn right back around to continue going higher. We had a very strong positive candle form during the course of the day...

GBPJPY Head and Shoulders Formation (Mar 18, 2016)

by Kate Curtis | March 18, 2016 3:31 am
A downtrend might be in the cards for GBPJPY, as the pair formed a head and shoulders pattern on its 1-hour time frame. Price is still completing the right shoulder but a test of the neckline near...

USD/JPY Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:18 am
The USD/JPY pair broke higher during the day here on Wednesday, but we still remain well within the consolidation area that we have been in recently, and as a result there isn’t much to do in this...

USD/CAD Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:17 am
The USD/CAD pair initially tried to rally on Wednesday but turned back around form a bit of a shooting star. Quite frankly, there is quite a bit of resistance just above so that can be difficult to...

GBP/USD Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:16 am
The GBP/USD pair initially fell during the course of the day on Wednesday, but turned right back around to form a bit of a hammer. The hammer of course is one of the most positive candles at...

EUR/USD Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:16 am
The EUR/USD pair fell during the course of the session on Wednesday, testing the 1.1050 level. This is an area that had previously been resistive, and it should now be support. We did bounce from there, and...

AUD/USD Forecast March 17, 2016, Technical Analysis

by FX Empire | March 17, 2016 7:15 am
The AUD/USD pair went back and forth on Wednesday, as we continue to see quite a bit of interest between the 0.74 level on the bottom, and the 0.75 level on the top. Ultimately though, this is...

EURGBP Range Forming (Mar 17, 2016)

by Kate Curtis | March 17, 2016 3:43 am
EURGBP has found support at the .7700 major psychological level and is making its way up to test the resistance at .7900. If the top of the range holds, another move towards the bottom of the range...