USD/CAD Forecast February 11, 2013, Technical Analysis

by FX Empire | February 9, 2013 4:22 am
The USD/CAD currency pair rose during the session on Friday, and managed to close above the parity level. However, we still see resistance all the way up to the 1.01 level, and will wait until that area...

GBP/USD Forecast February 11, 2013, Technical Analysis

by FX Empire | February 9, 2013 4:22 am
The GBP/USD pair had a strong showing on the Friday session, but failed to close above the 1.58 level. The pullback and that area suggests to us that there is a considerable amount of resistance just above...

EUR/USD Forecast February 11, 2013, Technical Analysis

by FX Empire | February 9, 2013 4:21 am
The EUR/USD pair fell again on Friday, after initially trying to rally and bounce off of the 1.34 level. This market looks relatively weak, but it should be stated that there are a lot of supportive clusters...

AUD/USD Forecast February 11, 2013, Technical Analysis

by FX Empire | February 9, 2013 4:19 am
The AUD/USD pair went back and forth during the session on Friday, in actually had a positive day. We close above the 1.03 level, which of course is a minor support area but still look a bit...

USD/JPY Forecast February 7, 2013, Technical Analysis

by FX Empire | February 7, 2013 7:19 am
The USD/JPY pair initially rose during the session on Wednesday, but ran into resistance near the 94 handle and pullback in order to form a shooting star. This shooting star could signal the beginning of a larger...

GBP/USD Forecast February 7, 2013, Technical Analysis

by FX Empire | February 7, 2013 7:17 am
The GBP/USD pair had a fairly quiet session on Wednesday, as it retested the lows from Tuesday but failed to stay down there. The resulting candle is somewhat of a hammer, but to use that term would...

EUR/USD Forecast February 7, 2013, Technical Analysis

by FX Empire | February 7, 2013 7:15 am
The EUR/USD pair fell during the session on Wednesday, but remained above the 1.35 level. This area should provide quite a bit of support, but there will be concerns of what is going to be said after...

AUD/USD Forecast February 7, 2013, Technical Analysis

by FX Empire | February 7, 2013 7:13 am
AUD/USD had a very poor showing during the session on Wednesday as the market tested the 1.03 level. This level is significant support, and we also see significant support at 1.02, so difficult to get on the...

USD/JPY Forecast February 6, 2013, Technical Analysis

by FX Empire | February 6, 2013 5:28 am
The USD/JPY pair had an outstanding day on Tuesday, as we not only got back all the losses for Monday, but we also managed to break the top of that day’s range. With this being the case,...