USD/CAD Forecast March 18, 2013, Technical Analysis

by FX Empire | March 16, 2013 12:41 pm
The USD/CAD pair broke down a little bit during the Friday session, plunging below the 1.02 level. However, we think this market will find quite a bit of support just below at the 1.01 handle, and in...

GBP/USD Forecast March 18, 2013, Technical Analysis

by FX Empire | March 16, 2013 12:40 pm
The GBP/USD pair rose during the session on Friday, but as you can see gave back quite a bit of the gains in order to form a shooting star. This shooting star signals that we may be...

EUR/USD Forecast March 18, 2013, Technical Analysis

by FX Empire | March 16, 2013 12:39 pm
The EUR/USD pair rose during the Friday session as the 1.30 level propel the market higher. However, towards the end of the session we did see the Euro selloff a little bit.

AUD/USD Forecast March 18, 2013, Technical Analysis

by FX Empire | March 16, 2013 12:38 pm
The AUD/USD pair rose during the Friday session and broke above the 1.04 level in order to break into the resistance area above. We think this market is bullish again, but we need to see some type...

USD/JPY Forecast March 15, 2013, Technical Analysis

by FX Empire | March 15, 2013 5:09 am
The USD/JPY pair did very little during the session in the end, considering that there was a significant amount of volatility. The market is closing just above the 96 handle, but has formed a very neutral looking...

USD/CAD Forecast March 15, 2013, Technical Analysis

by FX Empire | March 15, 2013 5:08 am
The USD/CAD pair fell during the session on Thursday, as the US dollar fell against most currencies for the session. We have been waiting for a pullback in this pair, and it now looks like we could...

GBP/USD Forecast March 15, 2013, Technical Analysis

by FX Empire | March 15, 2013 5:07 am
The GBP/USD pair had an extraordinarily strong session during the Thursday hours as we smashed through the 1.50 level, breaking through a couple of fairly significant resistance areas.

EUR/USD Forecast March 15, 2013, Technical Analysis

by FX Empire | March 15, 2013 5:07 am
The EUR/USD pair initially fell during the Thursday session, plunging below the 1.2950 handle again. However, we managed to get the buying pressure back together and broke above the 1.30 handle during the day.

AUD/USD Forecast March 15, 2013, Technical Analysis

by FX Empire | March 15, 2013 5:06 am
The AUD/USD pair shot straight up during the session on Thursday, and smashed into the 1.04 resistance level. In fact, that is exactly where it stopped at the highs of the day. This leads us to believe...

USD/JPY Forecast March 14, 2013, Technical Analysis

by FX Empire | March 14, 2013 5:25 am
The USD/JPY pair fell during the session initially on Wednesday, but as you can see bounced enough to break back over the 96 handle by the end of the session. This formed a hammer, and as a...