USD/CAD Forecast May 11, 2012, Technical Analysis

by FX Empire | May 11, 2012 6:49 am
The USD/CAD has been range bound for some time, and the Thursday session looks as if the market is trying to refuse the concept of going back into the box. The parity level has been very resistive...

GBP/USD Forecast May 11, 2012, Technical Analysis

by FX Empire | May 11, 2012 6:44 am
The GBP/USD pair had a back and forth session on Thursday to trigger a buy signal on a break of the hammer top from the previous session. However, the pair also drew back a bit to form...

EUR/USD Forecast May 11, 2012, Technical Analysis

by FX Empire | May 11, 2012 6:43 am
The EUR/USD pair continued to show weakness on Thursday as the attempts at a rally only seem to have substantiated the 1.30 level as resistance at this point. The level was a spot of massive support a...

AUD/USD Forecast May 11, 2012, Technical Analysis

by FX Empire | May 11, 2012 6:40 am
The AUD/USD pair has been struggling as of late, and the Thursday session looks as if it wasn’t any different. The 1.02 level was our line in the sand for buying, and this has given way in...

EUR/USD Forecast May 10, 2012, Technical Analysis

by FX Empire | May 10, 2012 6:41 am
The EUR/USD pair continues to be the center of the financial world as the Wednesday session showed. The fall during the day was sudden, and the problems in the area continue to worry the trading world.

GBP/USD Forecast May 10, 2012, Technical Analysis

by FX Empire | May 10, 2012 6:40 am
The GBP/USD pair fell for most of the session on Wednesday in order to retest the 1.6050 level for support. In the end, it go it as the pair bounced hard from that point. The resulting candle...

AUD/USD Forecast May 10, 2012, Technical Analysis

by FX Empire | May 10, 2012 6:39 am
The AUD/USD pair fell for most of the day on Wednesday, as the world strayed away from the risk trade. The pair even managed to get with 14 pips of parity before the bounce at the end...

USD/CAD Forecast May 10, 2012, Technical Analysis

by FX Empire | May 10, 2012 6:38 am
The USD/CAD pair shot straight through the parity level for most of the session on Wednesday as the fear trade came back into play. The level has held in a sense though, as the daily candle produced...

EUR/USD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:14 am
The EUR/USD pair has been very stubborn recently, and the Tuesday session proved to be more of the same. The 1.30 level is a well-known support area, as every time the markets have approached it, the bulls...