GBP/USD Forecast February 15, 2012, Technical Analysis

by FX Empire | February 15, 2012 6:58 am
GBP/USD fell again on Tuesday as the markets continue to sell risk overall. The 1.57 level was cracked, and the pair plunged well below it, but the end of day announcement that the presumed next PM of...

AUD/USD Forecast February 15, 2012, Technical Analysis

by FX Empire | February 15, 2012 6:57 am
The AUD/USD pair had a volatile day on Tuesday. The pair continues to hover just below the 1.08 level, and the headlines around the world continue to be a drag on the upward momentum.

USD/CAD Forecast February 14, 2012, Technical Analysis

by FX Empire | February 14, 2012 7:33 am
The USD/CAD pair fell on Monday, only to bounce again and produce a hammer in the vicinity of the parity mark. The pair has been very messy lately, and we see the 1.01 level as a resistance...

AUD/USD Forecast February 14, 2012, Technical Analysis

by FX Empire | February 14, 2012 7:32 am
The AUD/USD pair had a relatively bullish session on Monday as the “risk on” trade came back into vogue as the austerity vote passed in Athens. The trading community will have felt it a good thing, and...

USD/CHF Forecast February 14, 2012, Technical Analysis

by FX Empire | February 14, 2012 7:31 am
USD/CHF rose overall during the session on Monday as the 0.91 level continues to act as support in this pair. The 0.90 level below is the bottom of this area, and we feel that the pair will...

GBP/USD Forecast February 14, 2012, Technical Analysis

by FX Empire | February 14, 2012 7:31 am
The GBP/USD pair initially rose during the session on Monday, only to turn back around and fail at the 1.58 level. The weekly chart shows a shooting star from last week, and this move lower during the...

USD/JPY Forecast February 14, 2012, Technical Analysis

by FX Empire | February 14, 2012 7:30 am
USD/JPY fell for a bit of the Monday session, only to bounce in the end as the 77.50 level held as support. The level is a minor one, but is visible on previous times as well, so...

EUR/USD Forecast February 14, 2012, Technical Analysis

by FX Empire | February 14, 2012 7:28 am
EUR/USD got an initial pop on Monday as the austerity measures passed in Athens. However, this excitement was short-lived, and the sellers stepped into the markets. The 1.3250 level has been one the market has been flirting...

USD/CAD Forecast February 13, 2012, Technical Analysis

by FX Empire | February 13, 2012 2:19 am
USD/CAD rose on Friday as the “risk off” trade came back into play. The pair has been very choppy lately, and we are still stuck in the range that has been causing all of the problems. With...

AUD/USD Forecast February 13, 2012, Technical Analysis

by FX Empire | February 13, 2012 2:18 am
AUD/USD fell on Friday as the concerns out of Europe came back into the forefront again. The pair is very sensitive to risk, and the fall should have been expected. Also, the shooting star at the 1.08...