AUD/USD Forecast January 6th, 2012, Technical Analysis
AUD/USD fell on the session for Thursday as traders took a bit of risk off the table worldwide. The Aussie is always sensitive to these moves, so the fall wasn’t exactly a surprise.
Author: FX Empire
EUR/USD Forecast January 6th, 2012, Technical Analysis
EUR/USD plunged through the 1.28 handle on Thursday as traders continue to worry about the European debt issue. The pair has been very bearish as of late, and the trend looks set to continue as the Euro...
GBP/USD Forecast January 6th, 2012, Technical Analysis
The GBP/USD pair saw a weak session on Thursday as the traders came back to worrying about the European debt issues over the session. The pair looks very weak at this point, and it is worth noting...
USD/CAD Forecast January 6th, 2012, Technical Analysis
USD/CAD rose during the session on Thursday as the oil markets sold off. The levels are still high in those markets still, so it should be watched for future direction. The 1.01 level below starts massive support...
USD/CHF Forecast January 6th, 2012, Technical Analysis
USD/CHF rose again on Thursday as traders continue to favor the Dollar overall. The pair tends to run inverse of the EUR/USD pair, and as the Euro went sub-1.28 during the session, this pair rose.
USD/JPY Forecast January 6th, 2012, Technical Analysis
USD/JPY rose during the Thursday session as the worries over Europe brought out a bid for the Dollar on the whole. The market was oversold, so the bounce was somewhat expected.
GBP/USD Forecast January 5th, 2012, Technical Analysis
GBP/USD fell overall during the session on Wednesday as the pair reached the upper end of the recent consolidation range. The 1.57 level just above the current price has been the start of a resistance zone up...
USD/JPY Forecast January 5th, 2012, Technical Analysis
The USD/JPY pair sat fairly still during the Wednesday session as the pair finally reached the “meat” of the support. The pair is decidedly bearish, but the Bank of Japan remains below and willing to intervene if...
EUR/USD Forecast January 5th, 2012, Technical Analysis
EUR/USD fell again during the Wednesday session as the risk appetite was fleeting from the Tuesday rallies in equity markets around the world. The pair continues to be plagued by EU debt problems,
USD/CAD Forecast January 5th, 2012, Technical Analysis
USD/CAD rose during the Wednesday session, but only somewhat. The daily candle looks much like a shooting star at the bottom of a fall – a sign that bearish pressure could be mounting.