USD/JPY Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:13 am
The USD/JPY pair had a fairly back and forth session on Tuesday in order to essentially go nowhere. The pair continues to hover around the 80 handle, and the level is one to watch without a doubt....

GBP/USD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:12 am
The GBP/USD pair fell during the session as the “risk off” trade came back into vogue. The market managed a bounce late in the day though, and it looks as if the pair still has plenty of...

AUD/USD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:11 am
AUD/USD fell during the Tuesday session, completely wiping out the gains from the Monday session. The fears over the European crisis are weighing on risk assets, and the Aussie is one of the most favored ways for...

USD/CAD Forecast May 9, 2012, Technical Analysis

by FX Empire | May 9, 2012 7:10 am
The USD/CAD shot through the parity level on Tuesday as the flight to the Dollar continues around the world. The oil markets will be very influential at this point in time, and the Light Sweet Crude markets...

Greek Elections Lead to Significant Euro Losses

by FX Empire | May 8, 2012 7:52 am
The results of Greek parliamentary elections held over the weekend kept the euro low against virtually all of its main rivals throughout yesterday’s trading session.

EUR/USD Forecast May 8, 2012, Technical Analysis

by FX Empire | May 8, 2012 7:51 am
The EUR/USD pair gapped down massively on the open Monday. The elections in Europe shocked the markets as the voters in three countries went decidedly anti-austerity. In fact, Greek even went so far as to elect neo-Nazis...

USD/JPY Forecast May 8, 2012, Technical Analysis

by FX Empire | May 8, 2012 7:50 am
The USD/JPY pair fell initially during the session on Monday, only to bounce again and close out the session just below the 80 handle. It is one of the most interesting areas in the Forex markets at...

GBP/USD Forecast May 8, 2012, Technical Analysis

by FX Empire | May 8, 2012 7:49 am
The GBP/USD pair rose after originally falling in the Monday session. The pair reacted negatively at first to the European elections that were had over the weekend in Greece, France, and Germany.

AUD/USD Forecast May 8, 0212, Technical Analysis

by FX Empire | May 8, 2012 7:48 am
The AUD/USD pair gapped down at the open for the Monday session like all “risk related” pairs, but the markets turned back around in the end as the gaps were all filled. The Aussie gave back some...

USD/CAD Forecast May 8, 2012, Technical Analysis

by FX Empire | May 8, 2012 7:47 am
The USD/CAD pair fell fairly hard on the session for Monday, even as oil dropped. The market had originally gapped slightly and rose, but the overall attitude came back into play as the pair approached the parity...