EUR/USD Forecast June 4, 2012, Technical Analysis
The EUR/USD pair got a bit of a boost during the session on the bad jobs numbers out of America. This seems to be predicated on the idea that the Federal Reserve could forced to step in...
Author: FX Empire
USD/JPY Forecast June 4, 2012, Technical Analysis
The USD/JPY pair fell hard during the session on Friday as the Non-Farm Payroll numbers came out weak. The 69 thousand jobs added was well under the expected amount, and as a result the Dollar got pummeled.
GBP/USD Forecast June 4, 2012, Technical Analysis
The GBP/USD pair fell again on Friday as the Non-Farm Payroll numbers for the month of May come out at just 69 thousand jobs added in America. This had a bit of speculation enter the market that...
AUD/USD Forecast June 4, 2012, Technical Analysis
The AUD/USD pair had a bearish day on the Friday session as the Non-Farm Payroll reports in America came out very weak. However, the bounce at the end of the day managed to form a hammer in...
USD/CAD Forecast June 4, 2012, Technical Analysis
The USD/CAD pair shot straight up for the session on Friday as the Non-Farm Payroll number came out very weak. The mere 69 thousand jobs that America added suggests that the demand for Canadian crude will be...
USD/JPY Forecast June 1, 2012, Technical Analysis
The USD/JPY pair fell on Thursday as the “risk off” trade continues to rock the markets. The Non-Farm Payroll numbers come out later today, and if the number is strong, this pair could see a nice bounce.
USD/CAD Forecast June 1, 2012, Technical Analysis
The USD/CAD pair rose and cleared the 1.03 level on Thursday as the resistance finally gave way. The oil markets continue to look weak, and as a result of this CAD is hurting. This should continue as...
GBP/USD Forecast June 1, 2012, Technical Analysis
The GBP/USD pair had another rough day on Thursday as the bearish tone in the markets continue to run over everything else. The Pound has suffered over the last several days, and the fact that we have...
EUR/USD Forecast June 1, 2012, Technical Analysis
The EUR/USD pair continued to fall during the Thursday session, but not without a serious attempt to rally. The Euro got a bit of a lift on a rumor that the International Monetary Fund was talking with...
AUD/USD Forecast June 1, 2012, Technical Analysis
The AUD/USD pair attempted a rally on Thursday as the 0.97 level was tested. The resulting candle was green, but just barely. Even more interesting is the fact that the candle is a shooting star at the...