GBP/USD Forecast March 20, 2012, Technical Analysis

by FX Empire | March 20, 2012 7:07 am
GBP/USD rose again on Monday as the bulls came back into the market. However, we are very close to serious resistance at the 1.59 to 1.60 area, and this should continue to push prices lower when approached.

USD/CHF Forecast March 20, 2012, Technical Analysis

by FX Empire | March 20, 2012 7:01 am
USD/CHF fell again during the Monday session as the Dollar continued to lose a bit of steam overall. The 0.9100 level looks as if it is trying to hold, but until we see a supportive candle at...

USD/CAD Forecast March 20, 2012, Technical Analysis

by FX Empire | March 20, 2012 6:54 am
The USD/CAD pair fell during the Monday session as the oil markets gained for the day. The pair has run below the 0.99 support level, but has many more to worry about as well. The 0.99, 0.98,...

AUD/USD Forecast March 20, 2012, Technical Analysis

by FX Empire | March 20, 2012 6:52 am
The AUD/USD pair has been enjoying a massive rally over the last several months, built mainly on the differential in interest rates between the two currencies. The pair will often rise with the world’s stock markets, and...

USD/CAD Forecast March 19, 2012, Technical Analysis

by FX Empire | March 19, 2012 7:37 am
The USD/CAD pair fell ever so slightly during the Friday session as the oil markets rose just a bit. The market for this pair is highly congested, and as such a difficult one to trade at this...

AUD/USD Forecast March 19, 2012, Technical Analysis

by FX Empire | March 19, 2012 7:36 am
The AUD/USD pair rose again on Friday to break above the Thursday highs we said would be our buy signal. The Aussie has enjoyed a lot of strength over the last several months, and this latest pullback...

USD/CHF Forecast March 19, 2012, Technical Analysis

by FX Empire | March 19, 2012 7:35 am
The USD/CHF pair fell again during the Friday session as the Dollar was sold off in general. The pair looks set to fall down to the 0.91 level as support. The pair looks bullish overall for us,...

GBP/USD Forecast March 19, 2012, Technical Analysis

by FX Empire | March 19, 2012 7:34 am
The GBP/USD pair shot straight up during the Friday session, and through the 1.58 resistance level. The pair should be running into fairly heavy resistance at these levels, so we are looking to sell this pair between...

USD/JPY Forecast March 19, 2012, Technical Analysis

by FX Empire | March 19, 2012 7:33 am
The USD/JPY pair continued to stall at current levels during the Friday session, even as the market looks fairly parabolic. The pair continues to get a boost from the Bank of Japan and its bond buyback program...

AUD/USD Forecast March 16, 2012, Technical Analysis

by FX Empire | March 16, 2012 7:25 am
The AUD/USD pair bounced from the start of the 1.04 level on Thursday, overtaking the losses from the Wednesday session. The pair also bounced from the 38.2 Fibonacci level, and this bodes well for the bulls at...