USD/CHF Forecast January 10th, 2012, Technical Analysis

by FX Empire | January 10, 2012 7:14 am
For the last week or so, the market has been talking about the Swiss National Bank’s Chairman Phillip Hildebrand, and the scandal surrounding him. It turns out that a day or two before the now famous “floor”...

GBP/USD Forecast January 10th, 2012, Technical Analysis

by FX Empire | January 10, 2012 7:14 am
GBP/USD rose during the session on Monday as the pair reached the bottom of its recent consolidation zone. The last time we reached this low, the pair bounced a bit, but failed to reach the top of...

USD/JPY Forecast January 10th, 2012, Technical Analysis

by FX Empire | January 10, 2012 7:13 am
The USD/JPY pair fell on Monday as the Dollar lost a little bit of its luster during the session. The pair still looks to be consolidative with a downside bias, but with the Bank of Japan sitting...

EUR/USD Forecast January 10th, 2012, Technical Analysis

by FX Empire | January 10, 2012 7:12 am
With a lack of any real news coming out on Monday, the EUR/USD managed a bit of a bounce during the session. The pair actually dipped into the 1.26 handle at one point, but recovered to close...

USD/CAD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 5:02 am
USD/CAD had another bullish session on Friday as the traders reacted to several different influences at once. The Canadian jobs numbers weren’t very impressive, and the oil markets fell.

AUD/USD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 5:01 am
The AUD/USD pair fell on Friday as traders took a bit of risk off globally. The Dollar continues to get a bid in general, and this pair wasn’t much different. However, the 1.02 area below should offer...

USD/CHF Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 5:00 am
USD/CHF rose again during the Friday session and even broke to a new high. The pair formed a shooting star for the session, but has been impressive over the last several months as it continues to grind...

GBP/USD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 4:59 am
GBP/USD fell on Friday as traders continue to show concern of all things European related. The 1.55 to 1.53 level is one massive support zone, and a break below that area would signal that the rout is...

USD/JPY Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 4:58 am
The USD/JPY pair fell on Friday as traders sold off risk everywhere, and the Yen got a bid in general. However, the pair is near the bottom of its most recent range, and the levels below will...

EUR/USD Forecast January 9th, 2012, Technical Analysis

by FX Empire | January 9, 2012 4:57 am
The EUR/USD pair fell on Friday as the Non-Farm Payroll report showed that American jobs continue to be added. This could be the result of just another example of US strength, and the fact that Europe is...