USD/JPY Forecast April 16, 2012, Technical Analysis

by FX Empire | April 16, 2012 6:32 am
The USD/JPY pair fell slightly for the session on Friday as the “risk off” attitudes hit the markets in general again. The Chinese GDP numbers came out a bit light, and as a result many traders got...

GBP/USD Forecast April 16, 2012, Technical Analysis

by FX Empire | April 16, 2012 6:32 am
The GBP/USD pair fell hard on Friday as the world’s traders sold off risk in general. The Chinese GDP numbers fell flat, and people took risk off going into the weekend as a result. However, the reaction...

AUD/USD Forecast April 16, 2012, Technical Analysis

by FX Empire | April 16, 2012 6:31 am
The AUD/USD pair fell on Friday as the sellers came into the various markets and got rid of risk before the weekend. The 200 day EMA is slicing through the center of the recent price action, and...

USD/CAD Forecast April 16, 2012, Technical Analysis

by FX Empire | April 16, 2012 6:30 am
The USD/CAD pair rose during the Friday session as the “risk off” attitude came roaring back to the markets. The pair continues to find the parity level as resistive, and the market has a resistance zone all...

USD/JPY Forecast April 13, 2012, Technical Analysis

by FX Empire | April 13, 2012 5:28 am
The USD/JPY pair fell for the session on the day Thursday. The 80 handle below should continue to remain supportive, and we think that selling it is going to be hard to do until we get below...

USD/CAD Forecast April 13, 2012, Technical Analysis

by FX Empire | April 13, 2012 5:27 am
The USD/CAD pair fell hard during the session on Thursday as the “risk on” trade came roaring into the markets. The pair has broken the bottom of a hammer from the Wednesday session, and as luck would...

GBP/USD Forecast April 13, 2012, Technical Analysis

by FX Empire | April 13, 2012 5:26 am
Cable rose for the Thursday session on the bullish pressure in this pair. The 1.58 level has been supportive, and the 200 day exponential moving average is just below, offer a greater reason to get long.

EUR/USD Forecast April 13, 2012, Technical Analysis

by FX Empire | April 13, 2012 5:25 am
The EUR/USD pair rose for the session on Thursday in response to Janet Yellen of the Federal Reserve talking about the need to keep rates low in the United States going forward. This had the markets repricing...

AUD/USD Forecast April 13, 2012, Technical Analysis

by FX Empire | April 13, 2012 5:25 am
The AUD/USD pair rose on Thursday as the gold markets shot up as well. The Federal Reserve is expected to keep rates low for quite some time as there were a few different board members making comments...

USD/JPY Forecast April 12, 2012, Technical Analysis

by FX Empire | April 12, 2012 7:15 am
The USD/JPY pair rose during the Wednesday session as the markets tried to bounce from the serious fall on Tuesday. The area that the pair is trading in at the moment is an area that has quite...