GBP/USD Forecast January 23, 2013, Technical Analysis

by FX Empire | January 23, 2013 4:42 am
The GBP/USD pair went back and forth during the session on Tuesday, but essentially ended up flat. The 1.58 level just below should be massively supportive, as it was the top of the ascending triangle that sent...

EUR/USD Forecast January 23, 2013, Technical Analysis

by FX Empire | January 23, 2013 4:41 am
The EUR/USD pair went back and forth during the session on Tuesday, but closed well above the 1.33 handle. This shows us that 1.33 should continue to offer support, and that the real risk in this pair...

AUD/USD Forecast January 23, 2013, Technical Analysis

by FX Empire | January 23, 2013 4:40 am
The AUD/USD pair had a strong showing on Tuesday after the slightly bullish candle on Monday. We are now at the very top of the range, which of course is bordered by the 1.06 handle which has...

USD/JPY Forecast January 22, 2013, Technical Analysis

by FX Empire | January 22, 2013 4:29 am
The USD/JPY pair has been one that has been very interesting lately. During the Monday session, we initially saw the pair fall, only to be fit back up and form a somewhat hammer like candle.

USD/CAD Forecast January 22, 2013, Technical Analysis

by FX Empire | January 22, 2013 4:28 am
The USD/CAD pair did very little during the session on Monday, which of course would have been expected as it was the US holiday celebrating Martin Luther King Jr.’s birthday.

GBP/USD Forecast January 22, 2013, Technical Analysis

by FX Empire | January 22, 2013 4:28 am
The GBP/USD pair went back and forth during the Monday session again, as traders try to decide what to do with it. The lovely five a level has held as support so far, so this will give...

EUR/USD Forecast January 22, 2013, Technical Analysis

by FX Empire | January 22, 2013 4:27 am
The EUR/USD pair did almost nothing during the Monday session. We currently sit just above the 1.33 level, and look like we are trying to consolidate between here and 1.34 or so.

AUD/USD Forecast January 22, 2013, Technical Analysis

by FX Empire | January 22, 2013 4:25 am
The AUD/USD pair had a slightly positive session on Monday as the 1.05 level continues to offer support. It is because of this that we are more than willing to go along at this point as we...

USD/JPY Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:51 am
The USD/JPY pair managed to eke out a bit of gains during the Friday session as we closed above the 90 handle for the first time in ages. This pair looks extremely bullish, and we believe that...

USD/CAD Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:51 am
The USD/CAD pair surged during the Friday session as we closed above the 0.99 handle for the first time in roughly 2 weeks. The markets continue to stay under parity though, and as a result we think...