USD/JPY Forecast April 24, 2012 Technical Analysis
The USD/JPY pair fell during the Monday session in order to test the 81 handle. The pair has been breaking out of a longer-term downtrend over the last few months, and as long as the 80 level...
Author: FX Empire
GBP/USD Forecast April 24, 2012, Technical Analysis
The GBP/USD pair has been racing higher lately, and the Monday session first looked as if it was going to be the pullback most traders would have needed. However, the fall was very short-lived, and it formed...
AUD/USD Forecast April 24, 2012, Technical Analysis
The AUD/USD continues to looks weak overall as the slump on Monday indicates. The pair is currently suffering by less than stellar economic numbers out of Australia, and the stronger than usual US dollar.
USD/CAD Forecast April 24, 2012, Technical Analysis
The USD/CAD pair rose for much of the session on Monday, only to turn around and form a wicked looking shooting star. The action suggests that we are going to continue to drift around in this consolidation...
EUR/USD Forecast April 23, 2012, Technical Analysis
The EUR/USD pair had a bullish day on Friday, breaking higher on the session as the hammers from the previous two sessions triggered a bullish run. The pair looks as if it will continue higher for the...
USD/JPY Forecast April 23, 2012, Technical Analysis
The USD/JPY pair fell slightly for the session on Friday as the Dollar got hit all around. The Japanese are still printing Yen, and the pullback of this pair wouldn’t be a big surprise as the USD...
GBP/USD Forecast April 23, 2012, Technical Analysis
The GBP/USD pair shot straight up for the Friday session as the 1.6050 level finally gave way. The move may be a bit overextended at the moment, but the pair looks like it is a good “buy...
AUD/USD Forecast April 23, 2012, Technical Analysis
The AUD/USD pair continued to move sideways for the session, sitting just below the 200 day EMA. The pair looks as if it is trying to form some kind of base, but the 1.04 level is going...
USD/CAD Forecast April 23, 2012, Technical Analysis
The USD/CAD pair fell for the session on Friday as the “risk on” trade came back and the US dollar fell in general against most of the world’s currencies.
USD/JPY Forecast April 20, 2012, Technical Analysis
The USD/JPY pair rose during the Thursday session as the uptrend continues to push the pair higher. The candle has broken above the shooting star shaped candle on Wednesday, and this looks like a breach of minor...