AUD/USD Forecast September 13, 2013, Technical Analysis

by FX Empire | September 13, 2013 8:10 am
The AUD/USD pair fell hard during the session on Thursday, but found enough support to keep from falling too far. We look at this market has been a bit on the bearish side, for the short term,...

Trading the US Retail Sales Report (September 13, 2013)

by Kate Curtis | September 13, 2013 7:02 am
NZD/USD has been trending higher on its 1-hour time frame, thanks to rate hike speculations confirmed by the recent RBNZ meeting. The pair is currently stalling close to the .8100 handle, which might be a good entry...

NZD/USD Reaction to RBNZ Statement (September 12, 2013)

by Kate Curtis | September 12, 2013 7:20 am
RBNZ Governor Graeme Wheeler also adopted forward guidance in his latest rate decision in saying that the central bank is looking to increase interest rates by next year. According to him, the recovery in the housing sector...

USD/JPY Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:12 am
The USD/JPY pair fell during the session on Wednesday, in a generally dollar negative tone. However, we are still well within the vicinity that we have seen recently act as a magnet for price, and as a...

USD/CAD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:12 am
The USD/CAD pair fell during the session on Wednesday as you can see, but remains above the 1.03 level. It is because of this that we aren’t quite ready to start selling yet, and as a result...

GBP/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:11 am
The GBP/USD pair broke out above the 1.5750 level on Wednesday, an area that we suspected was going to be very resistive. With that being the case, we feel this market will continue towards the 1.6 handle...

EUR/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:10 am
The EUR/USD pair rose during the session on Wednesday, reaching to the 1.33 level as you can see. We continue to think that this market is bullish, and as a result we think the market will go...

AUD/USD Forecast September 12, 2013, Technical Analysis

by FX Empire | September 12, 2013 3:09 am
The AUD/USD pair broke out to the upside during the session on Wednesday, clearing the 0.93 handle. That being the case, we feel that this market will continue to go higher, and head towards the next major...

UK Jobless Rate Drops to 7.7%

by Paxforex | September 11, 2013 9:47 am
Moments ago the Office of National Statistics reported that the UK jobless rate declined to 7.7% for the period between May – July which is the lowest reading since September – November of 2012 and down 0.1%...

USD/JPY Forecast September 11, 2013, Technical Analysis

by FX Empire | September 11, 2013 7:53 am
The USD/JPY pair rose during the session on Tuesday, breaking above the 100 handle. This is a nice little breakout, and suggests that the market is going much higher. Because of this, we bought during the session,...