USD/CAD Forecast April 12, 2013, Technical Analysis

by FX Empire | April 12, 2013 6:07 am
The USD/CAD pair fell during the session on Thursday and even managed to pierce below the 1.01 support level. The 1.01 support level was an area that we set must remain intact in order for us to...

GBP/USD Forecast April 12, 2013, Technical Analysis

by FX Empire | April 12, 2013 6:06 am
The GBP/USD pair had a positive session on Thursday, breaking above the 1.5350 area cleanly, and looking very much like a currency that is trying to head back to the next resistance area at the 1.55 handle.

EUR/USD Forecast April 12, 2013, Technical Analysis

by FX Empire | April 12, 2013 6:06 am
The EUR/USD pair had a positive session on Thursday, but as you will notice on the chart managed to struggle once it got above the 1.31 handle. We had mentioned recently that this level could be trouble...

AUD/USD Forecast April 12, 2013, Technical Analysis

by FX Empire | April 12, 2013 6:05 am
The AUD/USD pair had a back and forth wild session on Thursday, as we were both very bullish, and then very bearish. Looking at the charts, you can see that we failed to crack above the 1.06...

USD/JPY Forecast April 11, 2013, Technical Analysis

by FX Empire | April 11, 2013 4:38 am
The USD/JPY pair rose during the session on Wednesday, testing the 100 handle yet again. As we close towards the top of the day’s range, we cannot help but think that the 100 level gets broken sometime...

USD/CAD Forecast April 11, 2013, Technical Analysis

by FX Empire | April 11, 2013 4:37 am
The USD/CAD pair fell slightly during the session on Wednesday as we continue to meander around between the 1.01 handle, and the 1.02 level. With that being the case, this market really isn’t worth been bothered with...

GBP/USD Forecast April 11, 2013, Technical Analysis

by FX Empire | April 11, 2013 3:27 am
The GBP/USD pair went back and forth during the session on Wednesday, essentially going nowhere. We think this is a relatively bullish sign though, as the market simply has broken out above the resistance recently, and now...

EUR/USD Forecast April 11, 2013, Technical Analysis

by FX Empire | April 11, 2013 3:26 am
The EUR/USD pair tried to rally during the session on Wednesday, but as you can see the 1.31 level offered enough resistance to make a shooting star appear. This failure to break above the 1.31 level is...

AUD/USD Forecast April 11, 2013, Technical Analysis

by FX Empire | April 11, 2013 3:25 am
The AUD/USD had a strong showing on Wednesday, breaking above the 1.05 level. However, we are still well below the 1.06 level, an area that we need to break out of in order to really get bullish...

USD/JPY Forecast April 10, 2013, Technical Analysis

by FX Empire | April 10, 2013 6:31 am
The USD/JPY pair fell during the session on Tuesday, as the 100 handle appears to have acted as a psychological barrier. We fully expect to see 100 taken out to the upside, but the recent rise has...