GBP/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:47 am
The GBP/USD pair rose during the session on Wednesday, breaking above the recent highs but pulled back slightly. While this is a positive candle, it also suggest that perhaps the trading will be choppy going forward.

EUR/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:46 am
The EUR/USD pair fell initially during the session on Wednesday, but found the 1.3300 level supportive enough to keep the market afloat. In the end, we did bounce and got as high as the 1.3350 or so,...

AUD/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:45 am
The AUD/USD pair tried to rally during the session on Wednesday, but as you can see the previous support area at the 0.95 level has in fact shown itself to be resistive now.

Global currencies review (12 June 2013)

by DFMarkets.co.uk | June 12, 2013 10:36 am
On Wednesday the US dollar is trying to offset its heavy losses against the yen seen yesterday. On Tuesday the greenback was subjected to massive sell-offs in favour of the yen after Japan’s central bank refrained from...

USD/JPY Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:47 am
The USD/JPY pair fell hard during the session on Tuesday, as the market slammed into the 96 handle again. However, the hammer that had formed a couple of days ago on Friday suggests that there is a...

USD/CAD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:46 am
The USD/CAD pair tried to rally during the session on Tuesday, but you can see that the 1.0250 level offered enough resistance to push the market back down. The US dollar struggle in general, and as a...

GBP/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:45 am
The GBP/USD pair initially fell during the session on Tuesday, but as you can see the 1.55 handle offered enough support to push prices back up area in the end, we found ourselves above the 1.56 handle,...

EUR/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:44 am
The EUR/USD pair rose during the session on Tuesday as the US dollar got absolutely pummeled against most currencies. We have now broken above the 1.33 handle, and as such we are comfortable going long for the...

AUD/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:43 am
The AUD/USD pair fell during the balance of the session on Tuesday, but as you can see found enough support just above the 0.93 handle in order to form a hammer. Bouncing that hard, we still find...

USD/JPY Forecast June 11, 2013, Technical Analysis

by FX Empire | June 11, 2013 6:32 am
The USD/JPY pair went back and forth during the session on Monday, but did in the day rather bullishly. Because of this, we think that the market is trying to find its way higher, and perhaps to...