USD/JPY Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:13 am
The USD/JPY pair had a fairly back and forth session on Tuesday in order to essentially go nowhere. The pair continues to hover around the 80 handle, and the level is one to watch without a doubt....

GBP/USD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:12 am
The GBP/USD pair fell during the session as the “risk off” trade came back into vogue. The market managed a bounce late in the day though, and it looks as if the pair still has plenty of...

AUD/USD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:11 am
AUD/USD fell during the Tuesday session, completely wiping out the gains from the Monday session. The fears over the European crisis are weighing on risk assets, and the Aussie is one of the most favored ways for...

USD/CAD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:10 am
The USD/CAD shot through the parity level on Tuesday as the flight to the Dollar continues around the world. The oil markets will be very influential at this point in time, and the Light Sweet Crude markets...

European Election Results Unsettle Currency Markets

by CashBackForex.com | May 9, 2012 6:32 am
Late last week we speculated weather the markets had discounted a victory by the socialist party in France. Judging by the market action this week, that was not the case.

Greek Elections Lead to Significant Euro Losses

by FX Empire | May 8, 2012 7:52 am
The results of Greek parliamentary elections held over the weekend kept the euro low against virtually all of its main rivals throughout yesterday’s trading session.

EUR/USD Forecast May 8, 2012, Technical Analysis

by FX Empire | May 8, 2012 7:51 am
The EUR/USD pair gapped down massively on the open Monday. The elections in Europe shocked the markets as the voters in three countries went decidedly anti-austerity. In fact, Greek even went so far as to elect neo-Nazis...

USD/JPY Forecast May 8, 2012, Technical Analysis

by FX Empire | May 8, 2012 7:50 am
The USD/JPY pair fell initially during the session on Monday, only to bounce again and close out the session just below the 80 handle. It is one of the most interesting areas in the Forex markets at...