EUR/USD Forecast June 25, 2013, Technical Analysis
The EUR/USD pair fell during the session on Monday, but as you can see bounced enough to form a hammer at roughly 1.31 for the session. Because of the shape of this hammer, we believe that a...
Author: FX Empire
AUD/USD Forecast June 25, 2013, Technical Analysis
The AUD/USD pair fell during the session on Monday, but bounced enough to form a hammer. Nonetheless, we think that with the Australian dollar being so highly leveraged to the Chinese economy, we will simply pass on...
USD/JPY Forecast June 24, 2013, Technical Analysis
The USD/JPY pair had a positive showing on Friday, breaking above the 97.50 handle. However, we did not break the top of the shooting star from the Thursday session, so although it looks bullish at this point...
USD/CAD Forecast June 24, 2013, Technical Analysis
The USD/CAD pair rose again during the session on Friday, breaking through the 1.04 handle finally. This is been an area that has been very resistive to this market, and as a result we feel that breaking...
GBP/USD Forecast June 24, 2013, Technical Analysis
The GBP/USD pair fell during the session on Friday, breaking the bottom of the hammer from the Thursday session. Because of this, we think this shows significant weakness, and that the 1.55 level will more than likely...
EUR/USD Forecast June 24, 2013, Technical Analysis
The EUR/USD pair fell rather hard during the session on Friday, as the Euro continues to suffer at the hands of the Dollar. With the Federal Reserve looking like they are going to pull away from quantitative...
AUD/USD Forecast June 24, 2013, Technical Analysis
The AUD/USD pair had a slightly positive session on Friday, bouncing off of the 0.92 handle. This being the case, it does appear that we are trying to stabilize a little bit, but quite frankly we think...
USD/JPY Forecast June 21, 2013, Technical Analysis
The USD/JPY pair shot up during the session on Thursday, as the US dollar pummeled just about everything else. However, the 97.50 handle offered enough resistance to push the market back down.
USD/CAD Forecast June 21, 2013, Technical Analysis
The USD/CAD pair skyrocketed during the session on Thursday, slicing through the 1.03 level like it wasn’t even there. Because of this, we feel it is only a matter of time before we break out, and we...
GBP/USD Forecast and 21, 2013, Technical Analysis
The GBP/USD pair fell hard during most of the session on Thursday, but as you can see bounced enough to form a hammer right at the 1.55 handle by the end of the day. This is significant,...