USD/CHF Forecast February 22, 2012, Technical Analysis

by FX Empire | February 22, 2012 7:37 am
The USD/CHF continued to bump along the 0.91 to 0.90 support area on Tuesday as the European situation continues to plague the attitude of the markets. The Swiss are going to be heavily exposed to the European...

GBP/USD Forecast February 22, 2012, Technical Analysis

by FX Empire | February 22, 2012 7:36 am
The GBP/USD pair continues to bounce around the 1.58 level, and on Tuesday saw a selloff to continue the back and forth action. The weekly chart has a shooting star from two weeks ago, and a hammer...

USD/JPY Forecast February 22, 2012, Technical Analysis

by FX Empire | February 22, 2012 7:36 am
The USD/JPY continued to grind away just under the all-important 80 level on Tuesday as traders try to challenge one of the most obvious points of resistance on any chart in the Forex markets presently. The move...

EUR/USD Forecast February 22, 2012, Technical Analysis

by FX Empire | February 22, 2012 7:35 am
EUR/USD rose initially on Tuesday after the news came out that the EU Finance Ministers voted to bail out the Greeks for the second time in three years. The markets expressed relief in the form of Euro...

USD/CAD Forecast February 20, 2012, Technical Analysis

by FX Empire | February 20, 2012 7:53 am
The USD/CAD pair fell during the session on Friday, but managed a bounce towards the end of the day to form a hammer. The candle isn’t all that impressive as it simply is in the middle of...

AUD/USD Forecast February 20, 2012, Technical Analysis

by FX Empire | February 20, 2012 7:52 am
AUD/USD fell after initially rising during the Friday session as the 1.08 level has held as resistance yet again. The level seems to be extremely durable, and one simply cannot help but feel that a pullback could...

USD/CHF Forecast February 20, 2012, Technical Analysis

by FX Empire | February 20, 2012 7:51 am
USD/CHF fell for most of the session as the Franc gained a bit in general during the European and Asian sessions. The 0.91 level is just below, and the support showed up in the form of a...

GBP/USD Forecast February 20, 2012, Technical Analysis

by FX Empire | February 20, 2012 7:50 am
The GBP/USD pair rose on Friday only to turn around in the end. The pair formed a shooting star at the 1.58 level, and although we have seen a nice pushback from the bulls, this latest candle...

EUR/USD Forecast February 20, 2012, Technical Analysis

by FX Empire | February 20, 2012 7:48 am
EUR/USD rose during the session on Friday as the market tried to rally on all things risky. However, there is a massively important meeting in Europe on Monday that will decide whether or not the Greeks get...

USD/JPY Forecast February 20, 2012, Technical Analysis

by FX Empire | February 20, 2012 7:46 am
The USD/JPY pair continued to shoot straight up during the Friday session as the Yen is starting to become parabolic in this move. The Bank of Japan has announced an escalation of bond buying, and as a...