EUR/USD Forecast March 15, 2012, Technical Analysis
The EUR/USD pair fell for most of the session on Wednesday to test the 1.30 support level. The area is actually a 200 pip “thick” zone, and as such we don’t consider it broken until we get...
Author: FX Empire
USD/CAD Forecast March 14, 2012, Technical Analysis
The USD/CAD pair fell for the session on Tuesday as the “risk on” attitude came back into the markets. The parity level above continues to push prices lower in this pair, and as a result this pair...
AUD/USD Forecast March 14, 2012, Technical Analysis
The AUD/USD pair fell during the Tuesday session to form a second hammer in a row. The pair looks healthy at this point, and the 1.05 level seems to keep offering more buyers. The pair is bullish...
USD/CHF Forecast March 14, 2012, Technical Analysis
The USD/CHF pair rose during the Tuesday session as the Dollar got a bid in general. The Federal Reserve offered no real hint at QE3 during a statement on Tuesday, and this suggests that the US economy...
GBP/USD Forecast March 14, 2012, Technical Analysis
The GBP/USD pair rose during the session on Tuesday as the Federal Reserve suggested that the economy is getting slightly better in the United States. However, there was no mention of quantitative easing, and because of this,...
USD/JPY Forecast March 14, 2012, Technical Analysis
The USD/JPY pair fell at first on Tuesday, but managed to pop hard to the upside in the most recent example of a market that simply doesn’t want to fall for any significant amount of time.
EUR/USD Forecast March 14, 2012, Technical Analysis
The EUR/USD pair fell again for the Tuesday session as the Federal Reserve failed to suggest that further quantitative easing is on the way. This strengthened the Dollar, and the Euro took it hard.
USD/CAD Forecast March 13, 2012, Technical Analysis
The USD/CAD pair rose a bit during the session on Monday as oil prices fell. The pair still has a lot of weigh hanging overhead, so this bounce does little to inspire confidence for the bulls though....
AUD/USD Forecast March 13, 2012, Technical Analysis
The AUD/USD pair fell during the session as the risk appetite of the markets fell on the whole. The end of the session saw a little bit of a bounce in this market, and the resulting candle...
USD/CHF Forecast March 13, 2012, Technical Analysis
The USD/CHF pair fell for the bulk of the Monday session, even after initially rising in value. The pair ran headfirst into the 0.92 level, and found it a bit too taxing to rise above. The level...