GBP/USD Forecast March 18, 2015, Technical Analysis

by FX Empire | March 18, 2015 8:29 am
The GBP/USD pair broke down during the session on Tuesday, slicing back below the 1.48 level. With that being the case, the market looks as if it’s ready to continue going lower, possibly down to the 1.45...

EUR/USD Forecast March 18, 2015, Technical Analysis

by FX Empire | March 18, 2015 8:27 am
The EUR/USD pair tried to break out to the upside during the session on Tuesday, but ran into a significant amount of resistance above the 1.06 level. Because of this, the market ended up falling and forming...

AUD/USD Forecast March 18, 2015, Technical Analysis

by FX Empire | March 18, 2015 8:26 am
The AUD/USD pair tried to break higher during the course of the session on Tuesday, but turned back around to form a shooting star. That being the case, the market looks as if it’s ready to go...

EURJPY Potential Reversal (Mar 18, 2015)

by Kate Curtis | March 18, 2015 3:48 am
EURJPY might be done with its recent downtrend, as a short-term reversal pattern formed on its 1-hour time frame. A double bottom can be seen, with price currently testing the neckline of the formation. Moving averages have...

USD/JPY Forecast March 17, 2015, Technical Analysis

by FX Empire | March 17, 2015 7:55 am
The USD/JPY pair fell during the session initially on Monday, but found enough support underneath to turn things back around and form a hammer. With this, it looks like the USD/JPY pair will continue to go higher....

USD/CAD Forecast March 17, 2015, Technical Analysis

by FX Empire | March 17, 2015 7:54 am
The USD/CAD pair initially fell during the session on Monday, but found enough support near the 1.2750 level to turn things back around and form a hammer. This shows that we are without a doubt very well...

GBP/USD Forecast March 17, 2015, Technical Analysis

by FX Empire | March 17, 2015 7:53 am
The GBP/USD pair broke higher during the course of the session on Monday, slicing back above the 1.48 level. That being the case, the market looks as if we are testing the resistance barrier that extends all...

EUR/USD Forecast March 17, 2015, Technical Analysis

by FX Empire | March 17, 2015 7:53 am
The EUR/USD pair rose during the session on Monday, but then struggled at the 1.06 handle. With that being the case, the market looks as if it’s ready to continue going lower, but we also recognize that...

AUD/USD Forecast March 17, 2015, Technical Analysis

by FX Empire | March 17, 2015 7:52 am
The AUD/USD pair tried to break out to the upside during the session on Monday, but pullback to form a bit of a shooting star. With that, it looks as if the market is ready to continue...

EURUSD Double Bottom (Mar 17, 2015)

by Kate Curtis | March 17, 2015 4:07 am
EURUSD has been treading lower across all time frames but it seems that a short-term reversal might take place. On its 1-hour chart, the pair has formed a double bottom pattern, indicating that the downtrend could turn....