GBP/USD Forecast September 27, 2012, Technical Analysis
The GBP/USD pair fell during the session on Wednesday as the 1.62 level gave way as support. However, by the end of the day we saw the market bounce back up in order to form a hammer...
Author: FX Empire
EUR/USD Forecast September 27, 2012, Technical Analysis
The EUR/USD pair fell during the Wednesday session, but got a bounce later in the day at the 1.2850 level in order to form a hammer. In fact, this pair suddenly looks bullish as we anticipate the...
AUD/USD Forecast September 27, 2012, Technical Analysis
The AUD/USD pair fell during most of the session on Wednesday, but bounced in order to form a hammer at the end of the day. This does suggest that perhaps the 1.03 level will act as support...
USD/JPY Forecast September 26, 2012, Technical Analysis
The USD/JPY pair fell during the session on Tuesday as the 78 handle has been solidly broken. However, it does look like a little bit of support came late in the day. This particular pair is a...
USD/CAD Forecast September 26, 2012, Technical Analysis
The USD/CAD pair rose during the session after initially falling on Tuesday in order to press upon the 0.98 handle. However, towards the end of the day we saw a little bit of a pullback as it...
GBP/USD Forecast September 26, 2012, Technical Analysis
The GBP/USD pair fell during the session after initially surging on Tuesday, in order to test the 1.62 level yet again. This market has been very bullish, but we want to see a pullback in order to...
EUR/USD Forecast September 26, 2012, Technical Analysis
The EUR/USD pair fell during the session on Tuesday in order to test the 1.29 handle for support the second time in two days. This market still looks like it’s a bit overbought, and a pullback to...
AUD/USD Forecast September 26, 2012, Technical Analysis
AUD/ USD initially tried to rally during the session on Tuesday, but was cut short and reversal and the 1.0470 level. The resulting candle was a shooting star, and it did break the bottom of the hammer...
USD/JPY Forecast September 25, 2012, Technical Analysis
The USD/JPY pair fell during the session on Monday in order to break down through the 78 handle again. This is another test of the resolve out of Tokyo by the Bank of Japan, and as such...
USD/CAD Forecast September 25, 2012, Technical Analysis
The USD/CAD pair rose during the session on Monday to pierce the 0.98 handle, but fell back in order to form a shooting star just below it. This market broke down at the 0.98 handle, and we...