GBP/USD Forecast March 24, 2015, Technical Analysis

by FX Empire | March 24, 2015 9:59 am
The GBP/USD pair initially fell during the course of the session on Monday, but found enough support at the 1.48 level to turn things back around and form a hammer. Because of this, looks like the British...

EUR/USD Forecast March 24, 2015, Technical Analysis

by FX Empire | March 24, 2015 9:58 am
The EUR/USD pair initially fell during the session on Monday, but then shot higher later in the day in order to challenge the 1.0950 region. We still see the 1.10 level as resistance, as the market has...

AUD/USD Forecast March 24, 2015, Technical Analysis

by FX Empire | March 24, 2015 9:57 am
The AUD/USD pair initially fell during the session on Monday, but turned back around and shot much higher. However, there is still much in the way of resistance, extending all the way to at least the 0.80...

NZDUSD Reversal Confirmation (Mar 24, 2015)

by Kate Curtis | March 24, 2015 3:22 am
NZDUSD has recently formed a double bottom pattern on its 4-hour time frame and seems to be confirming the potential reversal, as price has already broken above the neckline of the chart pattern at the .7600 major...

GBPUSD Double Bottom Pattern (Mar 23, 2015)

by Kate Curtis | March 23, 2015 3:15 am
GBPUSD could be in for a reversal, as a double bottom pattern formed on its 1-hour forex chart. This could be a sign that the recent downtrend is already over as soon as price breaks past the...

USD/JPY Forecast March 23, 2015, Technical Analysis

by FX Empire | March 21, 2015 5:40 am
The USD/JPY pair  initially tried to rally during the course of the session on Friday, but turned back around to fall the way down to the hundred and 20 level. That being the case, the market looks...

USD/CAD Forecast March 23, 2015, Technical Analysis

by FX Empire | March 21, 2015 5:39 am
The USD/CAD pair initially rallied during the course of the session on Friday, but turned back around to race back down towards the 1.25 handle. However, this is an area that features quite a bit of support,...

GBP/USD Forecast March 23, 2015, Technical Analysis

by FX Empire | March 21, 2015 5:38 am
The GBP/USD pair broke higher during the course of the session on Friday, but remains below the 1.50 level. We think that there is enough resistance above that the market will more than likely continue to struggle...

EUR/USD Forecast March 23, 2015, Technical Analysis

by FX Empire | March 21, 2015 5:38 am
The EUR/USD pair broke higher during the course of the session on Friday, closing above the 1.08 level. It looks like we are heading back to the 1.10 level given enough time, but we also recognize that...

AUD/USD Forecast March 23, 2015, Technical Analysis

by FX Empire | March 21, 2015 5:37 am
The AUD/USD pair broke higher during the session on Friday, as the market continues to bounce in the general vicinity that we are in at the moment. With that, we still look to sell rallies as they...