USD/CHF Forecast February 13, 2012, Technical Analysis

by FX Empire | February 13, 2012 2:17 am
The USD/CHF pair rose during the Friday session as the “risk off” trade came back into play. The 0.91 level is the start of support all the way down to 0.90, and this area produced a bounce...

GBP/USD Forecast February 13, 2012, Technical Analysis

by FX Empire | February 13, 2012 2:16 am
The GBP/USD pair fell hard on Friday as the Greek debt talks stalled again. With the UK’s exposure to the European Union and all things debt related, this pair was always going to fall in that environment.

USD/JPY Forecast February 13, 2012, Technical Analysis

by FX Empire | February 13, 2012 2:15 am
USD/JPY had a quiet day on Friday as traders weren’t necessarily feeling very risky. The Yen and Dollar both enjoy safety trade status, and as a result this pair sat still. The Bank of Japan has acknowledged...

EUR/USD Forecast February 13, 2012, Technical Analysis

by FX Empire | February 13, 2012 2:14 am
The EUR/USD pair fell on Friday as the market continues to be driven by headlines out of Athens. The lack of any deal continues to weigh on the Euro, and the fact that the pair has been...

AUD/USD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:57 am
The AUD/USD pair had a fairly quiet session on Thursday, but is struggling at the 1.08 resistance area. The Aussie has enjoyed a massive rally lately, and the pair simply needs to rest as the bullishness will...

EUR/USD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:56 am
EUR/USD rose during the session as word of an agreement in Athens hit the wires. However, it should be noted that the reaction was somewhat subdued, and this good news will have already been priced into the...

GBP/USD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:55 am
GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this...

USD/CAD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:54 am
USD/CAD fell slightly during the session on Thursday, continuing a pattern of range bound trading that we have seen over the last several days. The 0.99 level continues to act as support, and the parity level continues...

USD/CHF Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:53 am
The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got...