USD/CAD Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:38 am
The USD/CAD pair shot straight up during the session on Friday, cracking the 1.02 level during the day. However, we saw bit of a pullback as we approach the 1.0240 level, and it is up forming a...

GBP/USD Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:37 am
The GBP/USD pair shot straight up during the session on Friday as the nonfarm payroll numbers in America came out weaker than expected. Within this chart, it appears that the clearance of the 1.53 level looks to...

EUR/USD Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:36 am
The EUR/USD pair rose during the Friday session after the very poor jobs number out United States. The nonfarm payroll number came in at roughly half of what the consensus was, and as a result we saw...

AUD/USD Forecast April 8, 2013, Technical Analysis

by FX Empire | April 6, 2013 5:35 am
The AUD/USD pair fell during most of the session on Friday, but as you see bounced significantly off of the 1.0350 level, in order to form a hammer. This hammer is focused on the 1.04 level, which...

USD/JPY Forecast April 5, 2013, Technical Analysis

by FX Empire | April 5, 2013 6:28 am
The USD/JPY pair shot through the roof on Thursday as the Bank of Japan announced massive stimulus measures. As you can see, we broke through the 95 handle like it wasn’t even there, and are closing roughly...

USD/CAD Forecast April 5, 2013, Technical Analysis

by FX Empire | April 5, 2013 6:27 am
The USD/CAD pair fell during the session after initially trying to rally on Thursday. We managed to find the 1.01 level; an area that we suggested would be supportive previously. That area did in fact act as...

GBP/USD Forecast April 5, 2013, Technical Analysis

by FX Empire | April 5, 2013 6:26 am
The GBP/USD pair initially fell to the 1.50 handle during the session on Thursday, but as you can see got a significant bounce after the bank of England announced that it was essentially doing nothing. However, the...

EUR/USD Forecast April 5, 2013, Technical Analysis

by FX Empire | April 5, 2013 6:26 am
The EUR/USD pair initially fell during the session on Thursday, but after the ECB meeting we saw the Euro gain quite a bit after it is apparent that the ECB isn’t willing to step in and do...

AUD/USD Forecast April 5, 2013, Technical Analysis

by FX Empire | April 5, 2013 6:25 am
The AUD/USD pair went back and forth during the session on Thursday, initially rising, only to turn around and triggered the sell orders that would’ve been at the bottom of the Wednesday shooting star.

USD/JPY Forecast April 4, 2013, Technical Analysis

by FX Empire | April 4, 2013 6:57 am
The USD/JPY pair had a negative showing during the session as we went back and forth on Wednesday, hugging the 93 handle. The hammer candle from the Tuesday session suggested that we have support in this general...