USD/JPY Forecast April 16, 2013, Technical Analysis
The USD/JPY pair fell hard during the session on Monday, as the Yen was bought up against most other currencies. However, as you can see we did get a little bit of a bounce towards the end...
Author: FX Empire
USD/CAD Forecast April 16, 2013, Technical Analysis
The USD/CAD currency pair has been grinding away in a 100 pip range for her a couple of weeks now. However, during the Monday session we saw the market finally break above the recent highs, and as...
GBP/USD Forecast April 16, 2013, Technical Analysis
The GBP/USD pair fell during the session on Monday, as all “risk on” pairs did. However, the 1.5250 level offered enough support to keep the market above it. This was her previous resistance, so is interesting to...
EUR/USD Forecast April 16, 2013, Technical Analysis
The EUR/USD pair fell during the session on Monday, as the “risk off” attitude came back into the marketplace. The 1.31 level offered resistance as we had suspected it would, but you can see that the 1.30...
AUD/USD Forecast April 16, 2013, Technical Analysis
The AUD/USD pair fell drastically during the Monday session as the pair cleared two handles at one point. We are now well below the 1.04 handle, and have actually broken below 1.03 at one point during the...
USD/JPY Forecast April 15, 2013, Technical Analysis
The USD/JPY pair fell rather drastically during the Friday session, but all things considered we are still very bullish overall. Looking at this chart, it makes sense of the 100 level cause quite a bit of resistance,...
USD/CAD Forecast April 15, 2013, Technical Analysis
The USD/CAD pair bounced off of the 1.01 handle on Friday to form a relatively bullish looking candle. This pair looks like one that simply wants to bounce around between 1.01 and 1.02 for the meantime.
GBP/USD Forecast April 15, 2013, Technical Analysis
The GBP/USD pair had a slightly negative session on Friday, but it continues to stair step its way higher. Ultimately, this market does look like it’s broken out of it, but we do see several places that...
EUR/USD Forecast April 15, 2013, Technical Analysis
The EUR/USD pair fell during the Friday session, and as a result it is most of the day below the 1.31 level. However, this bounce that we saw late in the day formed a hammer above the...
USD/JPY Forecast April 12, 2013, Technical Analysis
The USD/JPY pair fell initially during the session on Thursday, but as a close the 99 handle, buyers stepped back into the marketplace and started to bid the price back up again. In fact, at one point...