USD/JPY Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:24 am
The USD/JPY pair had a slightly positive session on Tuesday, but as you can see the 101 handle seems to be a magnet for price. It isn’t exactly impressive candle wise, so we think that a little...

USD/CAD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:23 am
The USD/CAD pair fell during the session on Tuesday, pulling back to the 1.05 handle roughly. This continues to grind higher, but we have seen over the last couple of weeks.

GBP/USD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:22 am
The GBP/USD pair went back and forth during the session on Tuesday, but as you can see ended of the day in a negative fashion. We did attempt to break down below the recent lows, but enough...

EUR/USD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:21 am
The EUR/USD pair fell hard during the session on Tuesday after initially trying to rally, and interestingly enough Below the 1.28 handle. However, towards the end of the session the Americans look like you’re trying to push...

AUD/USD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:20 am
The AUD/USD pair had a strong showing during the session on Tuesday, slamming towards the 0.92 handle. However, we still see this market as struggling to get higher, and because of this we feel that this market...

USD/CAD: FOMC Minutes Setup (July 10, 2013)

by Kate Curtis | July 10, 2013 6:10 am
USD/CAD is trending higher on its 1-hour time frame after it found support around the 1.0500 area. The Loonie is currently being supported by the rise in oil prices, which was spurred by the conflict in Egypt,...

GBP/USD: Major Correction (July 9, 2013)

by Kate Curtis | July 9, 2013 6:58 am
Thanks to the dovish BOE rate statement, GBP/USD suffered a sharp selloff last week. The pair plummeted more than 400 pips, as it fell from the 1.5300 handle to below 1.4900 towards the end of the week.

USD/JPY Forecast July 9, 2013, Technical Analysis

by FX Empire | July 9, 2013 5:50 am
The USD/JPY pair fell during the session on Monday, sitting right at the 101 handle towards the close in New York. That being said, we expect to see a little bit of a bounce here, perhaps even...

USD/CAD Forecast July 9, 2013, Technical Analysis

by FX Empire | July 9, 2013 5:49 am
The USD/CAD pair fell during the session on Monday, but as you can see not very far. It appears that the market is trying to find support somewhere near the 1.0550 level, and because of that we...