GBP/USD Forecast July 10, 2012, Technical Analysis

by FX Empire | July 10, 2012 6:24 am
The GBP/USD pair had a slightly positive session on Monday as traders came back to resume the consolidated of tone in this currency pair. The 1.55 level has been sportive for the last month or so, and...

AUD/USD Forecast July 10, 2010, Technical Analysis

by FX Empire | July 10, 2012 6:23 am
AUD/USD had a slightly bullish day on Monday after initially falling. The currency pair formed a hammer, and this of course is a very bullish signal. It appears that the 1.02 level is offering support at this...

USD/CAD Forecast July 10, 2012, Technical Analysis

by FX Empire | July 10, 2012 6:22 am
USD/CAD pair fell after initially moving higher on Monday. The market formed a shooting star, however this is a very short one and looks like one to ignore. The 1.0150 level should still offer support, and we...

EUR/USD Forecast July 9, 2012, Technical Analysis

by FX Empire | July 9, 2012 7:50 am
The EUR/USD pair fell precipitously for a third day in a row after the poor jobs number out of the United States was released. For the first time in two years, this pair is closing below the...

USD/JPY Forecast July 9, 2012, Technical Analysis

by FX Empire | July 9, 2012 7:49 am
USD/JPY fell during the Friday session as the US jobs report came out weaker than expected, pushing this pared down to the 70.50 level where it found previous support. The church still looks like it is trying...

GBP/USD Forecast July 9, 2012, Technical Analysis

by FX Empire | July 9, 2012 7:48 am
The GBP/USD pair fell on Friday as the jobs number came out weaker than anticipated. The 1.55 level was violated, but not significantly so and as such we think that further weakness will need to be seen...

AUD/USD Forecast July 9, 2012, Technical Analysis

by FX Empire | July 9, 2012 7:47 am
AUD/USD fell for much of the Friday session as the US jobs number disappointed. The candle did find a bit of a bounce at 1.02, and as such it does look like there is some form of...

USD/CAD Forecast July 9, 2012, Technical Analysis

by FX Empire | July 9, 2012 7:46 am
The USD/CAD pair had a relatively strong day during the Friday session as the markets were rocked by another poor employment number out of the United States. The pair gave back some of its gains towards the...

USD/JPY Forecast July 6, 2012, Technical Analysis

by FX Empire | July 6, 2012 7:16 am
The USD/JPY pair fell for much of the session on Thursday; bouncing off of the bottom of will we consider the lower level of the up trending channel. The 80 level has offered resistance yet again, but...

USD/CAD Forecast July 6, 2012, Technical Analysis

by FX Empire | July 6, 2012 7:15 am
The USD/CAD pair fell during most of the session on Thursday, but turned around to form a hammer just above the 1.01 level. This is probably due to the fact that the nonfarm payroll number comes out...