GBP/USD Forecast November 30, 2012, Technical Analysis

by FX Empire | November 30, 2012 6:40 am
The GBP/USD pair rose during the Thursday session to trigger buy orders from the hammer that had formed on Wednesday. We are still bullish of this pair, and think that a break above the 1.6050 level will...

EUR/USD Forecast November 30, 2012, Technical Analysis

by FX Empire | November 30, 2012 6:40 am
The EUR/USD pair rose during the session on Thursday, but gave back about half of its gains for the day by the time we closed. The 1.3050 level continues offer resistance, and the candle almost looks like...

AUD/USD Forecast November 30, 2012, Technical Analysis

by FX Empire | November 30, 2012 6:39 am
The AUD/USD pair had a pretty very session during the Thursday trading day, as we continue to see the 1.05 level is far too resistive to overcome. With this in mind, we also see quite a bit...

USD/JPY Forecast November 29, 2012, Technical Analysis

by FX Empire | November 29, 2012 9:14 am
The USD/JPY pair fell during much of the session on Wednesday, but found the 82 level supportive by the end of the session, and formed a hammer. This hammer suggests that we are going to continue higher...

USD/CAD Forecast November 29, 2012, Technical Analysis

by FX Empire | November 29, 2012 9:13 am
The USD/CAD currency pair initially rose during the session on Wednesday, but fell in order to retest the lows of the session from Monday. From what we see, we still have a significant support level at the...

GBP/USD Forecast November 29, 2012, Technical Analysis

by FX Empire | November 29, 2012 9:13 am
The GBP/USD pair fell during most of the session on Wednesday, but bounced in order to form a hammer. The 1.60 level has acted as support again, and it does look like this market wants to go...

EUR/USD Forecast November 29, 2012, Technical Analysis

by FX Empire | November 29, 2012 9:11 am
The EUR/USD pair fell most of the day on Wednesday as the “risk off” trade came back into play. Looking this chart, we actually have a decent sell signal at the beginning of the session, but you...

AUD/USD Forecast November 29, 2012, Technical Analysis

by FX Empire | November 29, 2012 9:11 am
The AUD/USD pair rose during the session on Wednesday as we continue to try and break out above the 1.05 level. If we do manage to do that, the 1.06 level will be calling. However, we can...

USD/JPY Forecast November 28, Technical Analysis

by FX Empire | November 28, 2012 3:56 am
The USD/JPY pair gained again during the session on Tuesday, but gave up about half of what it accomplished. This pair still looks positive in our eyes, and we think that a further weakening of this pair...

USD/CAD Forecast November 28, 2012, Technical Analysis

by FX Empire | November 28, 2012 3:55 am
The USD/CAD pair had a volatile day on Tuesday as the markets went back and forth between “risk on”, and “risk off.” The shape of the candle for the day ended up being a hammer, but this...