EUR/USD Forecast June 14, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, and even managed to get below the 1.33 handle. However, we got a bit of a bounce and as a result formed a hammer.
Author: FX Empire
AUD/USD Forecast June 14, 2013, Technical Analysis
The AUD/USD pair initially fell during the early hours of the Thursday session, but turned around and close well above the 0.96 handle. That being the case, this market looks like it’s trying to form a pretty...
USD/JPY Forecast June 13, 2013, Technical Analysis
The USD/JPY pair went back and forth during the session on Wednesday, testing the 95 handle for support again, and testing the 97 level for resistance. In the end, we had very little change from the previous...
USD/CAD Forecast June 13, 2013, Technical Analysis
USD/CAD fell during a large part of the session, but bounced in order to form a hammer. This hammer is just after a shooting star at the 1.02 handle, and as a result it looks like we...
GBP/USD Forecast June 13, 2013, Technical Analysis
The GBP/USD pair rose during the session on Wednesday, breaking above the recent highs but pulled back slightly. While this is a positive candle, it also suggest that perhaps the trading will be choppy going forward.
EUR/USD Forecast June 13, 2013, Technical Analysis
The EUR/USD pair fell initially during the session on Wednesday, but found the 1.3300 level supportive enough to keep the market afloat. In the end, we did bounce and got as high as the 1.3350 or so,...
AUD/USD Forecast June 13, 2013, Technical Analysis
The AUD/USD pair tried to rally during the session on Wednesday, but as you can see the previous support area at the 0.95 level has in fact shown itself to be resistive now.
USD/JPY Forecast June 12, 2013, Technical Analysis
The USD/JPY pair fell hard during the session on Tuesday, as the market slammed into the 96 handle again. However, the hammer that had formed a couple of days ago on Friday suggests that there is a...
USD/CAD Forecast June 12, 2013, Technical Analysis
The USD/CAD pair tried to rally during the session on Tuesday, but you can see that the 1.0250 level offered enough resistance to push the market back down. The US dollar struggle in general, and as a...
GBP/USD Forecast June 12, 2013, Technical Analysis
The GBP/USD pair initially fell during the session on Tuesday, but as you can see the 1.55 handle offered enough support to push prices back up area in the end, we found ourselves above the 1.56 handle,...