GBP/USD Forecast September 11, 2012, Technical Analysis
The GBP/USD pair fell for much of the Monday session, but bounced in order to form a bit of a hammer that is focused on the 1.60 handle. This makes sense, as the level is a large...
Author: FX Empire
AUD/USD Forecast September, 11, 2012, Technical Analysis
The AUD/USD pair fell during the session on Monday as the “risk off” attitude came back into the marketplace. The resulting candle for the session almost looks like a shooting star, but nonetheless it says the same...
USD/CAD Forecast September 11, 2012, Technical Analysis
The USD/CAD pair fell for much of the session on Monday, but did manage to balance in order to form a hammer. If we can get back above the 0.98 handle, this would signify that there is...
EUR/USD Forecast September 10, 2012, Technical Analysis
The EUR/USD pair shot straight up during the trading day on Friday as the US jobs number disappointed. This suggests to most traders that the Federal Reserve will have to implement further monetary easing in the near...
USD/JPY Forecast September 10, 2012, Technical Analysis
USD/JPY fell during the Friday session as the US jobs numbers came in rather anemic. Because of this, it appears that the Federal Reserve will be forced to embark on quantitative easing yet again, and this should...
GBP/USD Forecast September 10, 2012, Technical Analysis
GBP/USD rose during the Friday session as the jobs number in the United States disappointed. With the anemic growth in the month of August, it appears that the Federal Reserve will have to embark on more monetary...
AUD/USD Forecast September 10, 2012, Technical Analysis
The AUD/USD pair had a stellar day on Friday as the jobs report in the United States came out poorly. This signals that the Federal Reserve will more than likely be forced to embark on more quantitative...
USD/CAD Forecast September 10, 2012, Technical Analysis
The USD/CAD pair fell through the 0.98 handle on Friday as the jobs number in the United States came out weak. This should signal further monetary easing by the Federal Reserve, and as such the commodity currencies...
USD/JPY Forecast September 7, 2012, Technical Analysis
The USD/JPY pair spiked during the Thursday session as the “risk on” trade came into play. The 70.75 level has given way; we think that this pair could continue higher. In fact, overall we think that the...
USD/CAD Forecast September 7, 2012, Technical Analysis
The USD/CAD pair fell hard during the Thursday session and crashed into the support level at the 0.98 level. One thing you should know about this currency pair is that it is highly sensitive to the jobs...