USD/JPY Forecast March 20, 2014, Technical Analysis

by FX Empire | March 20, 2014 8:55 am
The USD/JPY pair when higher during the session on Wednesday, as the Federal Reserve announced that it believed short-term interest rates would reach 1% by the end of next year. That is stronger and higher than originally...

USD/CAD Forecast March 20, 2014, Technical Analysis

by FX Empire | March 20, 2014 8:54 am
The USD/CAD pair rose during the session on Wednesday, breaking above the 1.12 level finally. This is an area that we have been talking about for some time now, suggesting that it was the resistance that needed...

GBP/USD Forecast March 20, 2014, Technical Analysis

by FX Empire | March 20, 2014 8:53 am
The GBP/USD pair originally when higher during the session on Wednesday, but as you can see the 1.6650 level offered enough resistance to push the market back down. We fell as low as 1.65 during the session,...

EUR/USD Forecast March 20, 2014, Technical Analysis

by FX Empire | March 20, 2014 8:53 am
The EUR/USD pair fell hard during the session on Wednesday after the Federal Reserve announced that it expect a short-term interest rates to be at roughly 1% by the end of next year. This suggests that interest...

EUR/USD Uptrend Line Bounce (March 20, 2014)

by Kate Curtis | March 20, 2014 8:52 am
EUR/USD is moving in an uptrend, as seen on its 1-hour time frame. It is making a test of the rising trend line connecting the lows of the price while stochastic is in the oversold zone. A...

AUD/USD Forecast March 20, 2014, Technical Analysis

by FX Empire | March 20, 2014 8:51 am
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.90 level to keep the market somewhat afloat. That being the case, it appears that the market will more than likely...

USD/JPY Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 3:02 am
The USD/JPY pair fell during the session on Tuesday, but remains in the consolidation area that we have been in for some time. That being the case, we feel that this market should continue to go higher,...

USD/CAD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 3:01 am
The USD/CAD pair initially fell on Tuesday, but shot higher as the Bank of Canada’s Poloz said that the interest-rate cuts weren’t necessarily out of the question. This of course got the weak hands out of the...

GBP/USD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 3:01 am
The GBP/USD pair fell during the bulk of the session on Tuesday, but found enough support at the 1.6550 level to turn things back around and form a hammer. This large hammer of course suggests that we...

EUR/USD Forecast March 19, 2014, Technical Analysis

by FX Empire | March 19, 2014 2:59 am
The EUR/USD pair fell during the session on Tuesday, but found enough support at the 1.39 level soon 10 things back around and form a hammer. This hammer suggests to us that we are continuing to build...