USD/CAD Forecast February 20, 2013, Technical Analysis
The USD/CAD pair managed to break above the 1.01 level again for the session on Tuesday, and even managed to break above the highest from the Monday session.
Author: FX Empire
GBP/USD Forecast February 20, 2012, Technical Analysis
The GBP/USD pair fell after initially trying to rally to get above the 1.55 handle on Tuesday. However, this failure led to a lower low, as we broke the bottom of the neutral candle from Monday.
EUR/USD Forecast February 20, 2013, Technical Analysis
The EUR/USD pair rose during the session on Tuesday as the 1.3350 level has acted as support. This market does look like it wants to consolidate between the 1.33 level and the 1.350 area, and as a...
AUD/USD Forecast February 20, 2013, Technical Analysis
The AUD/USD pair had a strong showing on Tuesday, after the RBA minutes came out suggesting that the Aussie economy was doing a little better than anticipated. However, we still see a significant barrier of resistance just...
USD/JPY Forecast February 18, 2013, Technical Analysis
The USD/JPY pair fell during the session on Friday, but found enough support at the 92 handle to bounce and form a hammer. This hammer suggests that we are going higher, but we do think that this...
USD/CAD Forecast February 18, 2012, Technical Analysis
The USD/CAD pair shot straight up during the session on Friday, but failed to break above the 1.01 level yet again. In fact, this latest search created a lower low than the previous two attempts.
GBP/USD Forecast February 18, 2013, Technical Analysis
The GBP/USD pair went back and forth during the session on Friday, but did end up positive. In fact, we managed to close above the 1.55 level, which of course is an area that based upon the...
EUR/USD Forecast February 18, 2013, Technical Analysis
The EUR/USD pair went back and forth during the session on Friday, as it danced around the 1.3350 level. This area should provide a bit of support, but the weekly candle looks very poor at this point...
AUD/USD Forecast February 18, 2013, Technical Analysis
The AUD/USD pair fell rather significantly during the session on Friday, plowing into the recent noisy area just below the 1.03 level. However, the 1.03 level did hold of support by the end of the session, and...
USD/JPY Forecast February 15, 2013, Technical Analysis
The USD/JPY pair went back and forth during the session on Thursday to finally close the session slightly lower. However, it appears that the range is tightening up and that this pair could be going sideways for...