EUR/USD Forecast July 5, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, smashing through the bottom of the hammer that had formed on Wednesday.
Author: FX Empire
AUD/USD Forecast July 5, 2013, Technical Analysis
The AUD/USD pair gained slightly during the session on Thursday, as the 0.9150 level has offered support again. Because of this, we feel that this market is simply going to grind sideways until the nonfarm payroll number...
USD/JPY Forecast July 4, 2013, Technical Analysis
The USD/JPY pair fell during the majority of the session on Wednesday, even managing to dip down to the 99 handle. However, we bounced back towards the 100 handle, and formed a candle the does in fact...
USD/CAD Forecast July 4, 2013, Technical Analysis
The USD/CAD pair fell during the session on Wednesday, but as you can see we remain above the 1.05 handle, and as a result we think this market is winding its way up higher, and will eventually...
GBP/USD Forecast July 4, 2013, Technical Analysis
The GBP/USD pair rallied hard during the session on Wednesday, slicing through the 1.5250 level like it wasn’t even there. That being the case, this market does look like it’s trying to bounce from here significantly, and...
EUR/USD Forecast July 4, 2013, Technical Analysis
The EUR/USD pair fell during the balance of the session on Wednesday, but as you can see bounced enough to form a pretty nice looking hammer just and the 1.30 handle.
AUD/USD Forecast July 4, 2013, Technical Analysis
The AUD/USD pair initially rallied during the session on Wednesday, but as you see fell through the most recent support area and continues to fall towards the 0.90 handle. That area of course is a massive support...
USD/JPY Forecast July 3, 2013, Technical Analysis
The USD/JPY pair rose during the session on Tuesday, breaking above the 100 handle finally, as we expected. This market looks like it’s ready to head into another leg higher, but it should be noted that the...
USD/CAD Forecast July 3, 2013, Technical Analysis
The USD/CAD pair had a positive session on Tuesday again, breaking above the 1.0550 handle that we had suggested would be resistive. However, we could not stay above that area, and as a result the market looks...
GBP/USD Forecast July 3, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, breaking down to the 1.5150 handle or so, showing that this market is continued selloff and perhaps head towards the 1.50 handle before it’s all said and done.