USD/JPY Forecast June 26, 2012, Technical Analysis

by FX Empire | June 26, 2012 7:24 am
The USD/JPY pair fell hard on Monday as the risk appetite around the world fell overall. The Yen gained against many of the major currencies around the world as traders stepped back their “risky bets.” The 80...

GBP/USD Forecast June 26, 2012, Technical Analysis

by FX Empire | June 26, 2012 7:23 am
The GBP/USD pair fell slightly during the Monday session as the stock markets around the world fell. The pair is highly risk-sensitive, and as a result it makes sense that the pair would lag on a day...

AUD/USD Forecast June 26, 2012, Technical Analysis

by FX Empire | June 26, 2012 7:22 am
The AUD/USD pair fell for much of the session on Monday as the markets around the world backed away from the idea of taking risk. The pair managed to find support at the parity level though, and...

USD/CAD Forecast June 26, 2012, Technical Analysis

by FX Empire | June 26, 2012 7:21 am
The USD/CAD pair rose during the session on Monday as the risk appetite around the world fell. The top of the recent consolidation level was broken, but the pair did pull back some in the end.

USD/CAD Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:55 am
The USD/CAD pair fell most of the session on Friday in order to retrace half of Thursday’s gains. The pair will be highly influenced by the oil markets, and the oil markets are currently testing serious support...

AUD/USD Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:54 am
The AUD/USD pair managed to bounce on Friday, in order to form a bit of a hammer. What is most interesting about this hammer is that it is sitting just above the parity level. Because of this,...

GBP/USD Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:53 am
GBP/USD fell just slightly at the end of the session on Friday as the market seemed content on digesting the losses on Thursday. The 1.57 level held the bulls down, and as a result we think this...

USD/JPY Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:52 am
The USD/JPY pair rose during the Friday session as the Yen weakened overall. The 80 level looks very resistive overall, and the top of this resistance level is the 80.50 spot.

EUR/USD Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:51 am
The EUR/USD pair had a fairly quiet session on Friday as the 1.25 level continue to hold the support. However, it does in fact look like we are trying to form some type of bearish flag.

USD/JPY Forecast June 22, 2012, Technical Analysis

by FX Empire | June 22, 2012 7:34 am
The USD/JPY pair had a fabulous day as the market shot straight up and past the 80 handle. However, there end of the resistance isn’t until we get over the 80.50 level, and we are just shy...