GBP/USD Forecast January 15, 2013, Technical Analysis

by FX Empire | January 15, 2013 4:49 am
The GBP/USD pair fell during the session on Monday as the markets continue to reach for the 1.60 support level. However, towards the end of the day we saw buyers stepped back into the marketplace, and as...

EUR/USD Forecast January 15, 2013, Technical Analysis

by FX Empire | January 15, 2013 4:48 am
The EUR/USD pair had a positive session after going back and forth during the Monday trading hours. However, we are so comfortably above the 1.33 level, and as a result we still think buying is the only...

AUD/USD Forecast January 15, 2013, Technical Analysis

by FX Empire | January 15, 2013 4:47 am
The AUD/USD pair had a positive showing on Monday, but still remains well underneath the massive resistance barrier that needs to break in order to truly become a bullish proposition.

USD/JPY Forecast January 14, 2013, Technical Analysis

by FX Empire | January 12, 2013 3:02 pm
The USD/JPY pair initially pulled back during the Friday session, but got a bit of a bounce as usual and formed a nice-looking hammer at the top of the massive green candles from Wednesday and Thursday.

USD/CAD Forecast January 14, 2013, Technical Analysis

by FX Empire | January 12, 2013 3:01 pm
The USD/CAD currency pair fell during the session on Friday, but found the 0.98 handle supportive as usual and bounced enough to form a hammer. The hammer isn’t exactly the most perfect looking hammer, but it does...

GBP/USD Forecast January 14, 2013, Technical Analysis

by FX Empire | January 12, 2013 3:00 pm
The GBP/USD pair fell during the Friday session, but bounced enough in order to form a hammer by the end of the session. We are well above the 1.61 handle, and the bullish move from Thursday appears...

EUR/USD Forecast January 14, 2013, Technical Analysis

by FX Empire | January 12, 2013 2:59 pm
The EUR/USD pair shot through the 1.33 level during the Friday session, in order to breakout and above a massive resistance. Having said that, we expect quite a bit of noise all the way to the 1.35...

AUD/USD Forecast January 14, 2013, Technical Analysis

by FX Empire | January 12, 2013 2:58 pm
The AUD/USD pair tried to break above the 1.06 handle again on Friday, but failed just as it did on Thursday. After that, we solve quite a bit of a selloff, but recognize the fact that the...

USD/JPY Forecast January 11, 2013, Technical Analysis

by FX Empire | January 11, 2013 5:43 am
The USD/JPY pair had another bullish session on Thursday as the 89 handle was tested. This market is most definitely bullish, and although it is a bit parabolic at this point time, it does look like we...

USD/CAD Forecast January 11, 2013, Technical Analysis

by FX Empire | January 11, 2013 5:42 am
The USD/CAD pair had a fairly bearish session as we slammed back into the previous lows. However, the 0.98 handle itself looks to be rather supportive so simply selling at this point in time is probably asking...