GBP/USD Forecast September 17, 2012, Technical Analysis

by FX Empire | September 17, 2012 8:46 am
The GBP/USD pair rose significantly on Friday as the 1.62 handle has been broken. The market looks very supportive of the British pound in general, and as such we think this trend should continue.

EUR/USD Forecast September 17, 2012, Technical Analysis

by FX Empire | September 17, 2012 8:45 am
The EUR/USD pair rose during the session on Friday, clearing the 1.30 level as resistance. This area should now form a little bit of support in this marketplace, and as such we would be interested in buying...

AUD/USD Forecast September 17, 2012, Technical Analysis

by FX Empire | September 17, 2012 8:44 am
The AUD/USD pair had a strong showing for most of the session on Friday, but turned around and formed a shooting star. In fact, this was a very wicked shooting star that would have a lot of...

USD/JPY Forecast September 14, 2012, Technical Analysis

by FX Empire | September 14, 2012 6:37 am
The USD/JPY pair fell precipitously during the session on Thursday as the Federal Reserve announced further quantitative easing going forward. The seemingly unlimited time frame that they are willing to participate in this action has certainly put...

USD/CAD Forecast September 14, 2012, Technical Analysis

by FX Empire | September 14, 2012 6:30 am
The USD/CAD pair fell hard during the session on Thursday after the quantitative measures was announced by the Federal Reserve. Oil prices rose, and as such the Canadian dollar did as well. This pair fell obviously, and...

GBP/USD Forecast September 14, 2012, Technical Analysis

by FX Empire | September 14, 2012 6:30 am
The GBP/USD pair rose during the session as the US dollar sold off in general. The Federal Reserve announced larger than expected and longer than expected quantitative easing measures during the Thursday session, and as such we...

EUR/USD Forecast September 14, 2012, Technical Analysis

by FX Empire | September 14, 2012 6:28 am
The EUR/USD pair shot straight up during the session on Thursday as the Federal Reserve has expanded its monetary easing policy yet again. The pair closed at the top of the range for the session, and slammed...

AUD/USD Forecast September 14, 2012, Technical Analysis

by FX Empire | September 14, 2012 6:02 am
AUD/USD rose during the session after more quantitative easing came out of the Federal Reserve on Thursday. The 1.05 level has been broken above now, and as such it does look like we’re going to continue much...

EUR/USD Forecast September 13, 2012, Technical Analysis

by FX Empire | September 13, 2012 8:01 am
The EUR/USD pair rose again during the Wednesday session as the world awaits the Federal Reserve decision. This decision comes out later today, and it could provide more fuel for this rally. The 1.28 handle now looks...

USD/JPY Forecast September 13, 2012, Technical Analysis

by FX Empire | September 13, 2012 8:00 am
The USD/JPY rallied a bit during the Wednesday session as the 78 handle was tested again. The fact that we have broken down through this massive support area is a bearish sign, and the fact that we...