EUR/USD Forecast June 6, 2013, Technical Analysis
The EUR/USD pair rose during the session on Wednesday, but as you can see gave back quite a bit of the gains. In truth though, this was a relatively small range and as a result we can...
Author: FX Empire
AUD/USD Forecast June 6, 2013, Technical Analysis
The AUD/USD pair fell rather hard during the session on Wednesday, breaking down to fresh new lows at one point during the session.
USD/JPY Forecast June 5, 2013, Technical Analysis
The USD/JPY pair went back and forth during the session on Tuesday, hovering around the 100 handle. A lot of this lease predicated upon the fact that the Japanese prime minister speaks this morning, and as a...
USD/CAD Forecast June 5, 2013, Technical Analysis
The USD/CAD pair rose during the session on Tuesday, showing that the 1.03 level continues offer support in this market. We believe that eventually this market will breakout to the upside, and that the 1.04 level will...
GBP/USD Forecast June 5, 2013, Technical Analysis
The GBP/USD pair fell during the session on Tuesday, but as you can see bounced enough in order to form a hammer. You are clearly above the 1.5250 level now, and as a result it looks like...
EUR/USD Forecast June 5, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Tuesday, but as you can see formed a relatively neutral candle. What’s interesting about this is the fact that it is after a significant breakout, in...
AUD/USD Forecast June 5, 2013, Technical Analysis
The AUD/USD pair fell significantly during the session on Tuesday, but as you can see the 0.9650 level has offered support again. This area has been very supportive recently, and it is important from a longer-term perspective...
USD/JPY Forecast June 4, 2013, Technical Analysis
The USD/JPY fell during the session on Monday, even managing to clear the 100 level which should have been massively supportive. Because of this, this will have a lot of people shaken out of this trade, and...
USD/CAD Forecast June 4, 2013, Technical Analysis
The USD/CAD pair fell significantly during the session on Monday, crashing through the 1.03 handle again. This area should offer quite a bit of support, and as you can see although the market fell below it, it...
GBP/USD Forecast June 4, 2013, Technical Analysis
The GBP/USD pair shot straight up during the session on Monday, as the ISM numbers out of United States came in below 50. However, you can see we have given quite a bit of the gains back,...