USD/JPY Forecast October 10, 2012, Technical Analysis

by FX Empire | October 10, 2012 7:16 am
The USD/JPY pair had a negative session on Tuesday, which of course should have been much of surprise. After all, we were towards the top of the consolidation range, and it doesn’t look like there is a...

GBP/USD Forecast October 10, 2012, Technical Analysis

by FX Empire | October 10, 2012 7:15 am
The GBP/USD pair fell precipitously during the session on Tuesday as the “risk off” fell apart. The pair closed the session at the 1.60 level, but also closed the very bottom of the candle. This has is...

AUD/USD Forecast October 10, 2012, Technical Analysis

by FX Empire | October 10, 2012 7:15 am
The AUD/USD pair had a slightly positive session during the Tuesday trading day, but the 1.02 level looks to be resistive. With this in mind, we cannot help but notice that this pair has struggled recently, and...

USD/CAD Forecast October 10, 2012, Technical Analysis

by FX Empire | October 10, 2012 7:14 am
The USD/CAD pair bounced around below the 0.98 level during the session on Tuesday as the market tries to figure out its next move. We believe that the 0.98 level will be the epicenter of consolidation in...

EUR/USD Forecast October 9, 2012, Technical Analysis

by FX Empire | October 9, 2012 6:54 am
The EUR/USD pair fell during the session on Monday as the 1.30 level proved to be too rich for the currency pair. However, we do have an uptrend line just below, and it should continue to support...

USD/JPY Forecast October 9, 2012, Technical Analysis

by FX Empire | October 9, 2012 6:53 am
The USD/JPY pair fell during most of the session on Monday, but bounced off of the 78 handle before was all said and done. Monday would’ve had low-volume in the United States during the Columbus Day celebrations,...

GBP/USD Forecast October 9, 2012, Technical Analysis

by FX Empire | October 9, 2012 6:52 am
The GBP/USD currency pair had a horrible day on Monday as the market closed down towards the bottom of the range. However, we do see the 1.60 level just below as being very supportive. In fact, the...

AUD/USD forecast October 9, 2012, Technical Analysis

by FX Empire | October 9, 2012 6:51 am
The AUD/USD pair rose during the session on Monday in an attempt to get back above the 1.02 level. Interestingly enough however, we did fail at that level and form something that looks I can do a...

USD/CAD Forecast October 9, 2012, Technical Analysis

by FX Empire | October 9, 2012 6:50 am
The USD/CAD pair fell a bit during the session on Monday as the 0.98 continues to be the focus of all things in this market. The oil markets went back and forth between wins and losses, and...

USD/JPY Forecast October 8, 2012, Technical Analysis

by FX Empire | October 8, 2012 7:50 am
USD/JPY had a wild session during the Friday trading day after the nonfarm payroll numbers. This is typical for a nonfarm payroll Friday, and as such it really shouldn’t come as much of a surprise.