EUR/USD Forecast April 25, 2013, Technical Analysis
The EUR/USD pair fell during much of the session on Wednesday, but as you can see bounced enough to form a decent looking hammer and close above the 1.30 level.
Author: FX Empire
AUD/USD Forecast April 25, 2013, Technical Analysis
The AUD/USD pair broke higher during the Wednesday session, tripping the buy orders that would’ve been at the top of the hammer from the Tuesday session, and formed a candle the looks very much like a hammer...
USD/JPY Forecast April 24, 2013, Technical Analysis
The USD/JPY fell during the session on Tuesday, but bounced enough to in the positive for the session, forming a nice looking hammer just below the all-important 100 handle.
USD/CAD Forecast April 24, 2013, Technical Analysis
The USD/CAD pair had a slightly positive session for the trading day on Tuesday, but formed a shooting star yet again. This is the second shooting star in a row, which was preceded by two hammers. This...
GBP/USD Forecast April 24, 2013, Technical Analysis
The GBP/USD pair fell during the session again on Tuesday, but found enough support just below the 1.5250 level to bounce and stay within the tight range that we have been in lately.
EUR/USD Forecast April 24, 2013, Technical Analysis
The EUR/USD pair fell during most of the session on Tuesday, piercing the 1.30 level. This area has been the bottom of the recent consolidation, and as a result we feel that this market may simply continue...
AUD/USD Forecast April 24, 2013, Technical Analysis
The AUD/USD pair fell during most of the session on Tuesday, but found support just above the 1.02 handle as expected. The reason for this is that the 1.02 handle has certainly been supportive over the last...
USD/JPY Forecast April 23, 2013, Technical Analysis
The USD/JPY pair fell during the session on Monday, as the 100 level continues to be far too resistive for the buyers in this marketplace at the moment. There is talk of a massive amount of options...
USD/CAD Forecast April 23, 2013, Technical Analysis
The USD/CAD pair ended up closing the day fairly flat, although it did tried to rally during much of the session on Monday. However, the pullback formed a shooting star, which of course was preceded by two...
GBP/USD Forecast April 23, 2013, Technical Analysis
The GBP/USD pair rose during the session on Monday, showing that the 1.5250 level still offers support. Having said that, we think that this market could be consolidating at this point in time, and think that the...