AUD/USD Forecast January 5th, 2012, Technical Analysis

by FX Empire | January 5, 2012 6:48 am
AUD/USD fell originally during the Wednesday session as the “risk off” trade came back again. This makes perfect sense as the rally from Tuesday had to be reclaimed. (The markets are extremely volatile after all.)

USD/CHF Forecast January 5th, 2012, Technical Analysis

by FX Empire | January 5, 2012 6:46 am
USD/CHF rose to the upside on Wednesday as the 0.93 level proved to be supportive yet again. The area was the site of a breakout a couple weeks ago, and we suggested that it should continue to...

USD/CAD Forecast January 4th, 2012, Technical Analysis

by FX Empire | January 4, 2012 7:45 am
USD/CAD fell hard on Tuesday as traders continue to buy the oil contracts. While the US economy continues to expand, the oil markets are being jolted by troubles in the Persian Gulf area between Iran and its...

AUD/USD Forecast January 4th, 2012, Technical Analysis

by FX Empire | January 4, 2012 7:44 am
Tuesday saw the AUD/USD gain serious strength as traders rang in the new year with optimism. The pair will follow the risk sentiment, and it appears that it is sudden strong. However, there isn’t much that has...

USD/CHF Forecast January 4th, 2012, Technical Analysis

by FX Empire | January 4, 2012 7:44 am
USD/CHF fell hard on Tuesday as another round of “everything is suddenly alright” seemed to hit the markets. The Dollar got sold off, but as we have seen several times recently, these are simply opportunities to buy...

GBP/USD Forecast January 4th, 2012, Technical Analysis

by FX Empire | January 4, 2012 7:43 am
GBP/USD rose sharply during the Tuesday session as traders bought the “risk on” story for the day. However, we have seen this story before, and know how quickly things can change in these markets. The pair is...

USD/JPY Forecast January 4th, 2012, Technical Analysis

by FX Empire | January 4, 2012 7:42 am
USD/JPY continued to dive on Tuesday as the Dollar was sold off in general. The pair is in a massive bear market, so this coincides with the overall trend as well. The breakdown has been brutal, and...

EUR/USD Forecast January 4th, 2012, Technical Analysis

by FX Empire | January 4, 2012 7:41 am
EUR/USD rose on light volume during the Tuesday session. The traders came back to the floors around the world, and as is usually the case – optimism reigned at the start of the New Year. However, traders...

USD/CAD Forecast January 3, 2012, Technical Analysis

by FX Empire | January 3, 2012 7:42 am
USD/CAD sat still during the session on Monday as the oil markets also experienced very little in the way of action. The real volume will pick up after this week, so the markets could be a bit...

AUD/USD Forecast January 3, 2012, Technical Analysis

by FX Empire | January 3, 2012 7:42 am
AUD/USD rose slightly during a fairly quiet Monday session. The pair is approaching the 1.0250 area, and has struggled in this vicinity previously. Because of this, we aren’t willing to buy at this level.