GBP/USD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:50 am
The GBP/USD pair initially fell during the session on Wednesday, but found the 1.65 level to be supportive enough to push the market back around. The market closed higher, and we believe that this bounce will continue...

EUR/USD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:49 am
The EUR/USD pair fell during the session on Wednesday, but remains within the consolidation area that we had been in previously. With this, we really don’t see much in this chart to get excited about, and therefore...

AUD/USD Forecast March 27, 2014, Technical Analysis

by FX Empire | March 27, 2014 5:49 am
The AUD/USD pair rose during the session on Wednesday, slamming into the 0.9250 level. This was an area that we anticipated to see resistance at, so the fact that we stop there really isn’t much of a...

USD/CAD Triangle Pullback (March 26, 2014)

by Kate Curtis | March 26, 2014 7:27 am
USD/CAD recently broke above a triangle pattern on its 4-hour time frame, suggesting that the uptrend is ready to resume. This breakout was sparked by comments from BOC Governor Poloz, suggesting that a rate cut might be...

USD/JPY Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:19 am
The USD/JPY pair did very little during the session on Tuesday, as we continue to hang about the 102.25 area. This being the case, it appears the markets are simply grinding its way sideways, but we know...

USD/CAD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:19 am
The USD/CAD pair fell during the session on Tuesday, but as you can see we’re still above the support level at the 1.11 level. We believe that that area should bring in buyers back into the market,...

GBP/USD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:18 am
The GBP/USD pair rose during the session on Tuesday, using the 1.65 level as a bit of a springboard. With that being the case, we feel that this market is in fact going to grind higher, but...

EUR/USD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:17 am
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer....

AUD/USD Forecast March 26, 2014, Technical Analysis

by FX Empire | March 26, 2014 5:16 am
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle. This is a trigger for us, and we believe that this market is now going to head to the 0.9250 level. That being...

NZD/USD Uptrend To Resume? (March 25, 2014)

by Kate Curtis | March 25, 2014 10:44 am
NZD/USD is still in an uptrend, with the rising trend line on the 1-hour time frame very much intact. Positive carry, thanks to the recent RBNZ interest rate hike, is keeping the pair afloat in the near...