USD/JPY Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:23 am
The USD/JPY pair is one that many traders are watching at the moment. The pair features two central banks that are trying to ease monetary policy in different ways, and as such this is a real race...

GBP/USD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:22 am
The GBP/USD pair is absolutely out of control, and the bullishness continued on Friday. The move has been strong and relentless, and on top of that – the United Kingdom has recently gone into recession! None the...

AUD/USD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:21 am
The AUD/USD pair shot straight up on Friday as the “risk on” attitude came back into the markets. The pair is often used as a proxy for risk appetite and the gold markets, both of which rose...

USD/CAD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:18 am
The USD/CAD pair fell again on Friday as the Dollar negative sentiment continues. The reaction is to words by Federal Reserve Chairman Ben Bernanke, in which he expressed the Federal Reserve’s willingness to prop the economy up...

USD/JPY Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:57 am
The USD/JPY pair is without a doubt one of the most interesting pairs at the moment. In this market you have a matchup of two central banks that seem dead set on killing off their currencies.

USD/CAD Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:56 am
The USD/CAD pair bounced hard on Thursday as the 0.98 handle came into the mix in order to give the pair a lift. The recent consolidation did in fact breakdown in order to test the handle, but...

GBP/USD Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:55 am
The GBP/USD pair rose again during the Thursday session as the breakout continues. However, by the end of the session we saw a doji, and the last couple of days are starting to look a bit exhausted,...

AUD/USD Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:53 am
The AUD/USD pair rose on Thursday in order to reach the 200 day exponential moving average. The indicator is often used by trend traders, and as such will often act as dynamic support and resistance.

AUD/USD Forecast April 26, 2012, Technical Analysis

by FX Empire | April 26, 2012 6:31 am
The AUD/USD pair rose during the session on Wednesday as the markets priced in more “risk on” to the global trade. The pair had formed a hammer on Tuesday, and we suggested that the pair could be...