USD/CAD Forecast March 22, 2013, Technical Analysis
The USD/CAD pair fell most of Thursday, but found enough support by the end of the session to form a nice looking hammer. Because of the shape of this candle, we think that the pair is ready...
Author: FX Empire
GBP/USD Forecast March 22, 2013, Technical Analysis
The GBP/USD pair rose during the session on Thursday, breaking above the 1.5150 area. This market looks like it’s trying to form some type of bottom, but we have significant resistance above as the market pulled away...
EUR/USD Forecast March 22, 2013, Technical Analysis
The EUR/USD pair fell during the session on Thursday, but did get a little bit of a bounce towards the end of the day as word got out that the Cypriots may be trying to work towards...
AUD/USD Forecast March 22, 2013, Technical Analysis
The AUD/USD pair broke above the 1.04 level for the first time over the last few months on Thursday, finally getting through an area that had been so stubborn for the last week or so.
USD /JPY Forecast March 21, 2013, Technical Analysis
The USD/JPY pair had a strong showing during the session as rumors came out that the Bank of Japan was going to announce stronger than expected asset purchases, perhaps as early as today. Whether or not there...
USD /CAD Forecast March 21, 2013, Technical Analysis
The USD/CAD pair initially fell during the session on Wednesday, but as you can see found support somewhere near the 1.0225 level. This formed a hammer, and it does in fact suggest that we are going to...
GBP /USD Forecast March 21, 2013, Technical Analysis
The GBP/USD pair had a while back and forth session during Wednesday as we both bounced off of the 1.50 zone, and failed of the 1.52 level. With that being said, it looks like not much will...
EUR /USD Forecast March 21, 2013, Technical Analysis
The EUR/USD pair had a bullish showing on Wednesday as the markets bounced high enough to test the 1.30 level again, but as it has over the last three sessions, the level offered too much resistance for...
AUD/USD Forecast March 21, 2013, Technical Analysis
The AUD/USD pair rallied during the session on Wednesday and even broke above the 1.04 level yet again during the session. However, just as it has the last three days in a row, the Australian dollar could...
USD/JPY Forecast March 20, 2013, Technical Analysis
The USD/JPY pair fell slightly during the session on Tuesday, but bounced above the 95 handle by the end of the day in order to stay supported by the region. Looking at this market, the Bank of...