GBP/USD Forecast September 21, 2012, Technical Analysis

by FX Empire | September 21, 2012 6:03 am
The GBP/USD pair fell for most of Thursday, but bounced in order to form a hammer and the 1.62 level. This pair has been broken out for some time, and as such we are very bullish of...

EUR/USD Forecast September 21, 2012, Technical Analysis

by FX Empire | September 21, 2012 6:03 am
The EUR/USD pair fell during the session on Thursday as the 1.3 0 Level Gave Way to the sellers. However, towards the end of the day we did get a bit of a bounce and we now...

AUD/USD Forecast September 21, 2012, Technical Analysis

by FX Empire | September 21, 2012 6:01 am
The AUD/USD pair fell during most of the trading day on Thursday, but did manage to balance in order to form a nice-looking hammer. It appears that the 1.04 level was massively supportive at this point time,...

EUR/USD Forecast September 20, 2012, Technical Analysis

by FX Empire | September 20, 2012 6:32 am
The EUR/USD pair fell during most of the session on Wednesday, only to find the 1.30 level was fairly supportive. The candle at the end of the day ended up being a hammer, and this of course...

USD/JPY Forecast September 20, 2012, Technical Analysis

by FX Empire | September 20, 2012 6:32 am
The USD/JPY pair had a fairly wild day on Wednesday as it initially broke above the 79 handle, only to be turned around and slammed back down to the 78.30 area. We still maintain that the Bank...

GBP/USD Forecast September 20, 2012, Technical Analysis

by FX Empire | September 20, 2012 6:31 am
The GBP/USD pair fell during the session on Wednesday, only to turn around and bounce in order to form a hammer. It looks like the 1.62 level wants to be support now, and with the recent rise...

AUD/USD Forecast September 20, 2012, Technical Analysis

by FX Empire | September 20, 2012 6:30 am
The AUD/USD pair fell initially during the Wednesday session, but bounced higher in order to form a hammer for the second day in a row. This is a very strong signal, and the fact that informed just...

USD/CAD Forecast September 20, 2012, Technical Analysis

by FX Empire | September 20, 2012 6:29 am
The USD/CAD pair had a fairly quiet session during the Wednesday trading day, especially when you consider the fact that the oil markets were rocking to the downside. The promises of Saudi oil ministers to produce more...

EUR/USD Forecast September 19, 2012, Technical Analysis

by FX Empire | September 19, 2012 7:34 am
The EUR/USD pair fell during the session on Tuesday as the Euro lost a little bit of its luster in the eyes of investors around the world. The 1.30 level looks like it could provide support though,...

USD/JPY Forecast September 19, 2012, Technical Analysis

by FX Empire | September 19, 2012 7:33 am
The USD/JPY pair rose during the session on Tuesday as the market continues to press him on the 79 handle. We think that a break above the 79 handle would lead us to the 80 handle relatively...