USD/JPY Forecast April 9, 2013, Technical Analysis

by FX Empire | April 9, 2013 5:56 am
The USD/JPY pair initially fell during the Monday session, but as you can see we have continue much higher, probably much higher than most market participants would’ve imagined as we close the day at the highs of...

USD/CAD Forecast April 9, 2013, Technical Analysis

by FX Empire | April 9, 2013 5:55 am
The USD/CAD pair gained during most of the session on Monday, but as you can see on the chart found far too much resistance of the 1.02 level in order to continue going higher. In fact, by...

GBP/USD Forecast April 9, 2013, Technical Analysis

by FX Empire | April 9, 2013 5:55 am
The GBP/USD pair fell during the session on Monday, but as you can see the 1.5250 level offered enough support to keep the market above it. This is the area that had been so resistive previously, so...

EUR/USD Forecast April 9, 2013, Technical Analysis

by FX Empire | April 9, 2013 5:54 am
The EUR/USD pair had a back and forth session on Monday, hovering around the 1.30 handle. This is an area that we thought that the Euro could run into trouble, and we have to admit that the...

AUD/USD Forecast April 9, 2013, Technical Analysis

by FX Empire | April 9, 2013 5:53 am
The AUD/USD pair shot straight up during the session on Monday, closing the gap down that we saw at the open. In fact, we managed to go above the gap, and close above the 1.04 level. However,...

GBP/USD: Break and Retest Scenario (April 9, 2013)

by Kate Curtis | April 9, 2013 4:58 am
Thanks to weaker than expected U.S. jobs data, GBP/USD breached the 1.5250 minor psychological resistance on Friday and climbed all the way up to the 1.5350 mark. However, price action on Monday reveals that the rally ran...

USD/CHF Break and Retest Scenario (April 8, 2013)

by Kate Curtis | April 8, 2013 5:29 am
The disappointing March NFP from the U.S. triggered a sharp selloff for USD/CHF, taking the pair below the .9400 significant support level and bottom of the previous range.  

USD/JPY Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:38 am
The USD/JPY pair initially fell during the Friday session, but buyers stepped in to pick this pair back up after a week nonfarm payroll number. Within this chart, it’s obvious that we have broken out above the...

USD/CAD Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:38 am
The USD/CAD pair shot straight up during the session on Friday, cracking the 1.02 level during the day. However, we saw bit of a pullback as we approach the 1.0240 level, and it is up forming a...

GBP/USD Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:37 am
The GBP/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers in America came out weaker than expected. Within this chart, it appears that the clearance of the 1.53 level looks to...