USD/CHF Forecast March 26, 2012, Technical Analysis
The USD/CHF pair fell on Friday as the Dollar got hit in general. The 0.91 to 0.90 area continues to look as if it is supportive, so we aren’t willing to sell at this point. The Swiss...
Author: FX Empire
GBP/USD Forecast March 26, 2012, Technical Analysis
The GBP/USD pair rose on Friday as the 1.58 level came back into play as support. The market continues to grind away at these levels, and it appears that there is a real attempt to push through...
USD/JPY Forecast March 26, 2012, Technical Analysis
The USD/JPY pair fell for much of the later hours in the Friday session, but managed to bounce from the 50% Fibonacci level. The bounce suggests that we have had enough of a pullback from this latest...
EUR/USD Forecast March 26, 2012, Technical Analysis
The EUR/USD rose on Friday to trigger the buy signal on top of the hammer from the Thursday session. However, the 1.3250 level above it is still resistive up until the market clears the 1.33 level. With...
Forex-Metal Daily Analysis -22/03/2012
The Greece Parliament adopted the new loan agreement.
AUD/USD Forecast March 22, 2012, Technical Analysis
The AUD/USD pair fell most of the session on Wednesday to test the area of the 1.04 handle. This area is considered to be very supportive, and as such we fell that a buying opportunity may be...
EUR/USD Forecast March 22, 2012, Technical Analysis
The EUR/USD pair fell after bouncing around during the Wednesday session. The pair is currently trading just under the 1.3250 resistance area, and it makes sense that it would struggle as a result.
GBP/USD Forecast March 22, 2012, Technical Analysis
The GBP/USD pair had a fairly volatile day as the Wednesday session produced a long-legged doji candle. The pair is currently trading in a massive resistance area above the 1.58 mark, and because of this we expect...
USD/CAD Forecast March 22, 2012, Technical Analysis
The USD/CAD pair has been a mess lately, and the action from the Wednesday session did very little to clear things up. The hammer shaped candle shows that perhaps the support is coming back into the fold,...
USD/CHF Forecast March 22, 2012, Technical Analysis
The USD/CHF pair rose slightly during the Wednesday session as the Dollar got a bit of a boost against many currencies for the session. The 0.91 support level has been shown to be strong again, and as...