EUR/USD Forecast May 29, 2013, Technical Analysis

by FX Empire | May 29, 2013 5:25 am
The EUR/USD pair fell hard during the session on Tuesday, as we had anticipated. We managed to break the bottom of the shooting star from the Friday session, which of course found 20 resistance of the 1.30...

AUD/USD Forecast May 29, 2013, Technical Analysis

by FX Empire | May 29, 2013 5:23 am
The AUD/USD pair tried to rally above the 0.9650 level, but in the end failed miserably. The resulting candle was a shooting star, which of course is always a very sign. This shooting star sits right on...

USD/JPY Forecast May 28, 2013, Technical Analysis

by FX Empire | May 28, 2013 4:38 am
The USD/JPY pair fell slightly during the session on Monday, but bounced enough to form a neutral candle. The candle shows almost no range, so because of this we still look at the 101 handle as the...

USD/CAD Forecast May 28, 2013, Technical Analysis

by FX Empire | May 28, 2013 4:37 am
The USD/CAD pair rose during the session on Monday, but it must be stated that the Memorial Day holiday was being celebrated in the United States, and since most of the trading in this marketplace takes place...

GBP/USD Forecast May 28, 2013, Technical Analysis

by FX Empire | May 28, 2013 4:37 am
The GBP/USD pair fell slightly during the session on Monday, but considering that both the Americans and the British were off on holiday, this market will have been relatively illiquid. We are hanging around the 1.51 handle,...

EUR/USD Forecast May 28, 2013, Technical Analysis

by FX Empire | May 28, 2013 4:36 am
The EUR/USD pair did almost nothing during the Monday session, which of course would’ve been much of a surprise considering that the Americans were celebrating Memorial Day.

AUD/USD Forecast May 28, 2013, Technical Analysis

by FX Empire | May 28, 2013 4:35 am
The AUD/USD pair went back and forth during the session on Monday, eventually going nowhere. We are sitting on significant support, and as a result this market looks like it’s trying to form a little bit of...

USD/JPY Forecast May 27, 2013, Technical Analysis

by FX Empire | May 25, 2013 5:32 am
The USD/JPY pair fell during the session on Friday, retracing a lot of the gains that it had recovered the previous day. That being said, this market still has a massive support area underneath it at the...

USD/CAD Forecast May 27, 2013, Technical Analysis

by FX Empire | May 25, 2013 5:31 am
The USD/CAD pair went back and forth on Friday, and formed a shooting star in the end. However, we are sitting just above the 1.03 support level, and as a result we may not get the bearish...

GBP/USD Forecast May 27, 2013, Technical Analysis

by FX Empire | May 25, 2013 5:31 am
The GBP/USD pair rose during the session on Friday, but not enough to make a substantial move. We are essentially meandering around the middle of the range that the market is trading and currently, and as a...