EUR/USD Forecast May 31, 2012, Technical Analysis

by FX Empire | May 31, 2012 6:43 am
The EUR/USD pair fell hard on Wednesday as a continuation of the concerns occurred worldwide. The Spanish banks are now front and center, and as such we are now worried about the entire zone on the whole,...

USD/JPY Forecast May 31, 2012, Technical Analysis

by FX Empire | May 31, 2012 6:43 am
The USD/JPY pair had a bearish day on Wednesday as the fears of a global recession came back into the markets. With the fears coming out of Europe, there is rampant speculation that the Fed will have...

AUD/USD Forecast May 31, 2012, Technical Analysis

by FX Empire | May 31, 2012 6:41 am
The AUD/USD pair has a difficult role to play these days. The Wednesday session saw this pair fall straight down, and even come close to testing the lows form a couple of sessions back. This pair is...

USD/CAD Forecast May 31, 2012, Technical Analysis

by FX Empire | May 31, 2012 6:40 am
The USD/CAD pair has been ripping higher for a couple of weeks now. This pair is actively tracking the weakness in oil, and the oil markets gave way on Wednesday. Oddly enough, the 1.03 resistance level has...

EUR/USD Forecast May 30, 2012, Technical Analysis

by FX Empire | May 30, 2012 7:10 am
The EUR/USD pair managed to break down below the 1.25 level on Tuesday, but bounced back in US trading as the Americans have yet again come to the rescue of the Euro.

USD/JPY Forecast May 30, 2012, Technical Analysis

by FX Empire | May 30, 2012 7:09 am
The USD/JPY pair had a slightly bearish session on Tuesday as the market continues to grind sideways. This pair is going to be heavily influenced by the Friday Non-Farms Payroll report, so consolidation is probably going to...

GBP/USD Forecast May 30, 2012, Technical Analysis

by FX Empire | May 30, 2012 7:08 am
GBP/USD fell for the session on Tuesday as the bears continue to pound away at the Pound. The 1.5650 to 1.56 level was violated, but held up at the end of the day. The area didn’t really...

AUD/USD Forecast May 30, 2012, Technical Analysis

by FX Empire | May 30, 2012 7:07 am
The AUD/USD pair had a slightly positive day on Tuesday, but not without the bears trying to send the pair back down. Still, at the end of the session the candle wasn’t all that impressive.

USD/CAD Forecast May 30, 2012, Technical Analysis

by FX Empire | May 30, 2012 7:06 am
The USD/CAD pair fell on Tuesday in order to form a bearish engulfing candle for the session. Although this could be a sell signal, we cannot help but notice how far this market had come up to...

EUR/USD Forecast May 29, 2012, Technical Analysis

by FX Empire | May 29, 2012 7:58 am
The EUR/USD pair had a nice gap to open up the week on Monday, but by the end of the session most of it had been reclaimed. The rumors that the Europeans were putting together some kind...