USD/JPY Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:21 am
The USD/JPY pair tried to rally during the session on Monday, but as you can see found way too much in the form of resistance at the 102.50 level. Because of this, the market pullback informed a...

USD/CAD Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:21 am
The USD/CAD pair fell during the bulk of the session on Monday, but as you can see is still elevated from where we had been trading. With that in mind, we feel that supportive candles will be...

GBP/USD Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:20 am
The GBP/USD pair went back and forth during the session on Monday, essentially hugging the 1.65 handle. That being the case, the market appears like it’s trying to find some type of base around here, which is...

EUR/USD Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:19 am
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless. Because of this, we feel that this...

AUD/USD Forecast March 25, 2014, Technical Analysis

by FX Empire | March 25, 2014 5:18 am
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.9050 level to turn things back around and send the market higher. Ultimately, this formed a hammer that should send this...

EUR/USD Channel Support Retest (March 24, 2014)

by Kate Curtis | March 24, 2014 8:54 am
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level. This could be indicative of more losses for the pair, but...

USD/JPY Forecast March 24, 2014, Technical Analysis

by FX Empire | March 22, 2014 9:31 am
The USD/JPY pair fell during the session on Friday, but stays above the 102 level to show signs of support. The uptrend line that is from the weekly timeframe on this chart suggests and that sooner or...

USD/CAD Forecast March 24, 2014, Technical Analysis

by FX Empire | March 22, 2014 9:30 am
The USD/CAD pair fell during the session on Friday, but bounced hard enough to close above the 1.12 level. Now that we’ve done that, we feel that the market is eventually heading to the 1.15 level, although...

GBP/USD Forecast March 24, 2014, Technical Analysis

by FX Empire | March 22, 2014 9:29 am
The GBP/USD pair fell slightly during the session on Friday, but hovers around the 1.65 level which of course is the beginning of significant support. Because of this, we are not ready to sell, and have to...

EUR/USD Forecast March 24, 2014, Technical Analysis

by FX Empire | March 22, 2014 9:29 am
The EUR/USD pair rose slightly during the session on Friday, but essentially sat still. We are right at the 1.38 handle, an area that has been supportive in the past. However, we do not have a set...