USD/CAD Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 8:45 am
The USD/CAD pair rose during the session, but ended up almost unchanged by the end of Thursday. The pair is being moved around by the oil markets, and those commodity markets found a little bit of a...

GBP/USD Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 8:44 am
The GBP/USD pair has fallen again during the Thursday session to test the support level at the 1.5650 level. The level was our “line in the sand” for the bulls, and the fact that we have touched...

EUR/USD Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 7:13 am
The EUR/USD pair attempted to rally on Thursday but failed miserably. The 1.25 level brought out the buyers, but they simply weren’t enough to stop the move lower. At the end of the session, we had a...

AUD/USD Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 7:12 am
The AUD/USD pair rose during the session on Thursday, but failed to make a strong statement. The resulting candle for the session is a shooting star at the bottom of this fall, and this is one of...

EUR/USD Forecast May 24, 2012, Technical Analysis

by FX Empire | May 24, 2012 8:27 am
The EUR/USD pair had a rough session on Wednesday as the markets continue to punish the Europeans for dawdling when it comes to figuring out the financial health and soundness of the region.

USD/JPY Forecast May 24, 2012, Technical Analysis

by FX Empire | May 24, 2012 8:26 am
The USD/JPY pair fell during most of the Wednesday session as the risk appetite around the world fell off of a cliff. Also, the Bank of Japan failed to add to their easing at the meeting for...

GBP/USD Forecast May 24, 2012, Technical Analysis

by FX Empire | May 24, 2012 8:25 am
GBP/USD had a bearish session on Wednesday as the markets continue to worry about all things European. The risk appetite just wasn’t there for people to buy the cable, and as is so often the result, they...

AUD/USD Forecast May 24, 2012, Technical Analysis

by FX Empire | May 24, 2012 8:24 am
The AUD/USD pair fell hard for most of the session as the “risk off” trade was the main theme for the day. However, in the late hours the Americans decided to take the words of the French...

USD/CAD Forecast May 24, 2012, Technical Analysis

by FX Empire | May 24, 2012 8:23 am
The USD/CAD pair rose for much of the session as the “risk off” attitude continues to plague the markets in general. Adding to the bullish pressure is the fact that the oil markets fell, and this in...

EUR/USD Prices May 23, 2012, Technical

by FX Empire | May 23, 2012 6:32 am
The EUR/USD pair fell hard during the Tuesday session as fears of a breakup in the region continue. Adding to this pressure was the comments from former Prime Minister of Greece Mr. Papademos, who stated that the...