GBP/USD Forecast December 18, 2012, Technical Analysis

by FX Empire | December 18, 2012 5:00 am
The GBP/USD had a strong session on Monday, and even managed to break above the highs from the Friday shooting star. This is a very bullish sign, and we do believe that a move above the 1.62...

EUR/USD Forecast December 18, 2012, Technical Analysis

by FX Empire | December 18, 2012 4:59 am
The EUR/USD pair did very little during the session on Monday as it simply went back and forth in a very tight range. However, we remained above the crucial 1.3150 handle, and this does suggest that there...

AUD/USD Forecast December 18, 2012, Technical Analysis

by FX Empire | December 18, 2012 4:58 am
The AUD/USD pair did very little during the session on Monday, as we lost a slight bit of value. However, this market seems content to bounce around between the 1.05 handle, and the 1.06 level. Until we...

USD/JPY Forecast December 17, 2012, Technical Analysis

by FX Empire | December 15, 2012 4:58 am
The USD/JPY pair initially rose during the session on Friday but found significant resistance at the 84 level in order to form a shooting star. Even though the shooting star is ideally placed, we see the 82.50...

USD/CAD Forecast December 17, 2012, Technical Analysis

by FX Empire | December 15, 2012 4:58 am
The USD/CAD currency pair had a positive session on Friday after printing a hammer on both Wednesday and Thursday. The biggest problem of course is the fact that Monday and Tuesday so shooting stars!

GBP/USD Forecast December 17, 2012, Technical Analysis

by FX Empire | December 15, 2012 4:57 am
The GBP/USD pair had a strong showing on Friday as we raced towards the 1.6175 area. This area has been resistance before, but it appears that we are now ready to start breaking out of it.

EUR/USD Forecast December 17, 2012, Technical Analysis

by FX Empire | December 15, 2012 4:56 am
The EUR/USD pair broke above the 1.3150 level at the end of the session on Friday, signaling a new leg of in this currency pair. Is because of this that we think a break above the highs...

AUD/USD Forecast December 17, 2012, Technical Analysis

by FX Empire | December 15, 2012 4:55 am
The AUD/USD pair had a strong showing on Friday as we managed to push up against the 1.06 resistance level again. This area will have to give way for the Aussie to continue to climb against the...

USD/JPY Forecast December 14, 2012, Technical Analysis

by FX Empire | December 14, 2012 5:52 am
The USD/JPY currency pair rose during the session on Thursday as we continue to get bullish action and obvious signs that the Bank of Japan will continue to loosen their monetary policy. Because of this, this isn’t...

USD/CAD Forecast December 14, 2012, Technical Analysis

by FX Empire | December 14, 2012 5:51 am
The USD/CAD pair has been one that has been very interesting lately, as we broke down below a significant support level in the form of the 0.99 handle. However, since then we have seen is somewhat tentative...