EUR/USD Forecast March 16, 2012, Technical Analysis

by FX Empire | March 16, 2012 7:24 am
The EUR/USD pair rose during the session on Thursday as the 1.30 level held firm as support. The area is a 200 pip “zone” of support that continues to frustrate the bears, and shows just how supportive...

GBP/USD Forecast March 16, 2012, Technical Analysis

by FX Empire | March 16, 2012 7:24 am
The GBP/USD pair rose for the session on Thursday as the 1.5650 level continued to hold as support. The pair looks weak overall, but it doesn’t seem quite ready to fall yet. The level could provide a...

USD/CAD Forecast March 16, 2012, Technical Analysis

by FX Empire | March 16, 2012 7:23 am
The USD/CAD pair fell during the session on Thursday as the oil markets were rocked back and forth due to rumors of the Strategic Petroleum Reserve being tapped by both the United States and the United Kingdom....

USD/CHF Forecast March 16, 2012, Technical Analysis

by FX Empire | March 16, 2012 7:22 am
The USD/CHF pair fell for the session as the Dollar pulled back against many of the major currencies on Thursday. The pair has recently broken above the 0.9250 level, and this shows that perhaps there is more...

USD/JPY Forecast March 16, 2012, Technical Analysis

by FX Empire | March 16, 2012 7:21 am
If you have been watching our videos, you know that we are already long of this pair. The Thursday action was a bit weak, but after the move upwards, this pullback is minor at best. The Bank...

USD/CAD Forecast March 15, 2012, Technical Analysis

by FX Empire | March 15, 2012 8:27 am
The USD/CAD pair gained during the session on Wednesday as the oil markets fell. The pair continues to chop around below the parity level and with so many different support levels below, this pair will continue to...

AUD/USD Forecast March 15, 2012, Technical Analysis

by FX Empire | March 15, 2012 8:26 am
The AUD/USD pair fell again on Wednesday as the commodity trade stalled on the whole. The Aussie always tends to benefit from the commodity trade, and as it falls – so does the Aussie dollar. The area...

USD/CHF Forecast March 15, 2012, Technical Analysis

by FX Empire | March 15, 2012 8:25 am
The USD/CHF pair rose on Wednesday as the resistance level at 0.9250 gave way. The level is the point we needed to see cleared to believe the recent consolidation has been broken through, and as it has...

GBP/USD Forecast March 15, 2012, Technical Analysis

by FX Empire | March 15, 2012 8:24 am
The GBP/USD pair fell during the Wednesday session, but failed to break below the 1.56 level. The pair continues to look weak as the market presses against the supportive area.

USD/JPY Forecast March 15, 2012, Technical Analysis

by FX Empire | March 15, 2012 8:23 am
The USD/JPY pair continued to rise in Wednesday session as the massive move up continues. The pair is in the middle of a trend change, and now we have the moving averages confirming this.