AUD/USD Forecast March 26, 2015, Technical Analysis

by FX Empire | March 26, 2015 8:07 am
The AUD/USD pair initially tried to rally during the course of the session on Wednesday, but fell back down in order to form a relatively negative candle. Because of this, and a break below the shooting star...

EURNZD Reversal Formation (Mar 26, 2015)

by Kate Curtis | March 26, 2015 3:49 am
EURNZD’s recent downtrend might soon be over, as the pair formed a reversal pattern on its 4-hour chart. The pair has yet to break above the resistance levels around the neckline of the double bottom and the...

USD/JPY Forecast March 25, 2015, Technical Analysis

by FX Empire | March 25, 2015 6:03 am
The USD/JPY pair fell initially during the course of the session, but found enough support to turn things back around and form a hammer. The top of the hammer touches of the 120 level, and as a...

USD/CAD Forecast March 25, 2015, Technical Analysis

by FX Empire | March 25, 2015 6:02 am
The USD/CAD pair initially fell during the course of the day on Tuesday, slicing below the 1.25 handle. However, there was enough support below to turn things back around and form a nice-looking hammer. This of course...

GBP/USD Forecast March 25, 2015, Technical Analysis

by FX Empire | March 25, 2015 6:00 am
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.50 level to be a bit too resistive. By doing so, the market turned back around and form a...

EUR/USD Forecast March 25, 2015, Technical Analysis

by FX Empire | March 25, 2015 5:59 am
The EUR/USD pair broke higher during the course of the session on Tuesday, but as you can see found enough resistance near the 1.10 level to turn things back around and form a massive shooting star. This...

AUD/USD Forecast March 25, 2015, Technical Analysis

by FX Empire | March 25, 2015 5:56 am
The AUD/USD pair initially tried to rally during the course of the session, but as you can see struggled above the 0.79 level, and as a result ended up forming a shooting star. With that, we feel...

AUDUSD Trend Line Break (Mar 25, 2015)

by Kate Curtis | March 25, 2015 4:05 am
AUDUSD has been in a steady downtrend since December last year and has been trading below a descending trend line connecting its recent highs on the 4-hour chart. Price seems to have broken above the trend line...

USD/JPY Forecast March 24, 2015, Technical Analysis

by FX Empire | March 24, 2015 10:04 am
The USD/JPY pair went back and forth during the course of the session on Monday, as the 120 level offered resistance. However, we believe that ultimately this market will find enough buyers to push this particular market...

USD/CAD Forecast March 24, 2015, Technical Analysis

by FX Empire | March 24, 2015 10:01 am
The USD/CAD pair initially broke down to the upside during the session on Monday, but turned back around to test the 1.25 handle. This is the beginning of significant support, and we believe that it extends all...