EUR/USD Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:09 am
The EUR/USD pair fell during the session on Wednesday, slamming into the 1.30 level again. This level is obviously supportive, and as a result of course we managed to bounce a little bit from that handle.

AUD/USD Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:08 am
The AUD/USD pair rallied during the session on Wednesday, but as you can see the 0.93 handle was far too resistive in order for the market to continue higher. The resulting daily candle is a shooting star...

USD/JPY Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:09 am
The USD/JPY pair fell during most of the session on Tuesday, but as you can see got a bit later in the day in order to form a hammer. This hammer suggests to us that the market...

USD/CAD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:08 am
The USD/CAD pair had a back and forth session on Tuesday, essentially ending the day flat. We did managed to break down below the lows from the Monday shooting star, and that more than likely had people...

GBP/USD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:07 am
The GBP/USD pair fell during the session on Tuesday, but did find a bit of support near the 1.54 handle in order to form a neutral candle the looks somewhat like a hammer.

EUR/USD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:07 am
The EUR/USD pair had a negative session on Tuesday as we managed to break back below the 1.31 handle. At the end of the day though, the same area that had proved supportive on Monday showed itself...

AUD/USD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:05 am
The AUD/USD pair fell during the session on Tuesday, but as you can see bounced again in order to form a hammer for the second session in a row. This market looks like it’s ready to bounce,...

USD/JPY Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 5:01 am
The USD/JPY pair fell during the session on Monday, dipping below the 98 handle. The shape of the candle is a bit like a hammer, and as a result it appears that people were willing to step...

USD/CAD Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 5:00 am
The US/CAD pair shot straight up during the session on Monday, but as you can see was be back down in order to form a perfect shooting star. Will we find particularly interesting about this shooting star...