GBP/USD Forecast April 4, 2012, Technical Analysis

by FX Empire | April 4, 2012 5:54 am
The GBP/USD pair fell hard during the session on Tuesday as the Federal Reserve failed to give the signal for continued easing during the minutes release. The 1.60 level has held as resistance, and we even mentioned...

USD/CAD Forecast April 4, 2012, Technical Analysis

by FX Empire | April 4, 2012 5:52 am
The USD/CAD pair rose for much of the session on Tuesday, but fell again once the Federal Reserve released its minutes from the last meeting. The release didn’t give any signs of further quantitative easing, and the...

AUD/USD Forecast April 4, 2012, Technical Analysis

by FX Empire | April 4, 2012 5:51 am
The AUD/USD pair fell hard during the Tuesday session as the Federal Reserve failed to suggest a case for further easing in the minutes that were released in the US. The 1.04 level has given way, but...

USD/CAD Forecast April 3, 2012, Technical Analysis

by FX Empire | April 3, 2012 7:17 am
The USD/CAD pair fell on Monday as the oil markets perked back up. The pair has been stuck in consolidation lately, capped by the parity level on the upside, and the 0.9850 level on the lower part.

AUD/USD Forecast April 3, 2012, Technical Analysis

by FX Empire | April 3, 2012 7:16 am
The AUD/USD pair fell for much of the session on Monday, only to pop back up and print a hammer in the previous gap by the close. This signals that we could perhaps get serious support in...

GBP/USD Forecast April 3, 2012, Technical Analysis

by FX Empire | April 3, 2012 7:15 am
The GBP/USD pair rose again during the Monday session, but finished a bit flimsy. The 1.60 level has been broken, but the pair is closing as a bit of a doji, if not a semi-shooting star. The...

USD/JPY Forecast April 3, 2012, Technical Analysis

by FX Empire | April 3, 2012 7:14 am
The USD/JPY pair had a rough day on Monday as the bears sold this pair off. The resulting candle is a long red one, and it is sitting right on the 0.82 support level. The pair looks...

EUR/USD Forecast April 3, 2012, Technical Analysis

by FX Empire | April 3, 2012 7:13 am
The EUR/USD pair fell during most of Monday’s session, but managed to bounce back in the end in order to form a hammer. The pair looks like it wants to go higher, but it should be mentioned...

USD/CAD Forecast April 2, 2012, Technical Analysis

by FX Empire | April 2, 2012 6:18 am
The USD/CAD pair still struggled at the parity level on Friday, in a pattern that has become quite familiar. The market looks like it wants to consolidate, and as such we can only play this as a...

AUD/USD Forecast April 2, 2012, Technical Analysis

by FX Empire | April 2, 2012 6:17 am
The AUD/USD pair fell during the Friday session, after forming a hammer on Thursday. Because of this, we are looking at a market that could be heading into a consolidation move. The 1.04 level is important, and...