USD/CHF Forecast February 6, 2012, Technical Analysis
The USD/CHF pair had a volatile day on Friday, just to end up unchanged. This pair is currently consolidating above the 0.90 to 0.91 level that has been so supportive lately.
Author: FX Empire
GBP/USD Forecast February 6, 2012, Technical Analysis
The GBP/USD pair had a back and forth session on Friday as the Non-Farm Payroll report came out much stronger than expected. This kind of market isn’t all that uncommon on these days, and as a result...
USD/JPY Forecast February 6, 2012, Technical Analysis
The USD/JPY pair rose for the Friday session as the Non-Farm Payroll numbers came out better than expected. The pair is being lifted by the Bank of Japan, and at the levels that we started the day...
EUR/USD Forecast February 6, 2012, Technical Analysis
EUR/USD went back and forth like it normally does on a Non-Farm Payroll day on Friday. The pair simply didn’t go anywhere, and the market is still “stuck” between the 1.32 level and the 1.30 level.
USD/JPY Forecast February 3, 2012, Technical Analysis
USD/JPY fell again on Thursday as traders prepare for the Non-Farm Payroll number today. The market almost always will react in violent moves to this announcement, and this pair is no different.
USD/CAD Forecast February 3, 2012, Technical Analysis
USD/CAD had a tight range for the Thursday session as traders await the employment numbers out of both countries today. The two economies are interconnected in major ways, and as a result the pair can be tricky...
USD/CHF Forecast February 3, 2012, Technical Analysis
USD/CHF rose during the session on Thursday, but was fairly weak in its momentum. It gave up about half of the gains by the close, and the pair looks like it isn’t quite ready to move forward...
AUD/USD Forecast February 3, 2012, Technical Analysis
AUD/USD rose initially during the Thursday session, but fell in the later hours to form a shooting star. The shooting star is at the previous highs, so while it isn’t a large one – it does carry...
EUR/USD Forecast February 3, 2012, Technical Analysis
EUR/USD fell during the Thursday session in a tight range. The candle is a hammer, and it looks like the market wants to rise as a result of the Non-Farm Payroll numbers later today.
GBP/USD Forecast February 3, 2012, Technical Analysis
GBP/USD pulled back to the 1.58 level on Thursday, showing that the area is indeed important. The breaking above this level showed significant strength, and as a reminder, it offered support at the end of the session...