EUR/USD Forecast Dec. 12th, 2011, Technical Analysis
EUR/USD was the focus of the world’s attention on Friday as the EU summit was coming to a close. The market was waiting to see what could come out of Brussels, and the result was enough to...
Author: FX Empire
AUD/USD Forecast Dec. 9th, 2011, Technical Analysis
AUD/USD had a rough day on Thursday as it both shot straight up, and then fell apart. The original move was in reaction to the EU announcement of a rate cut, something the market desperately wanted.
EUR/USD Forecast Dec. 9th, 2011, Technical Analysis
The EUR/USD pair fell during the session on Thursday as the world first reacted positively to the rate cuts out of the EU, only to be disappointed by the lack of bond buying in the press conference...
GBP/USD Forecast Dec. 9th, 2011, Technical Analysis
The GBP/USD pair poked above the 1.57 level on Thursday as traders got long of the pair on optimism about the outcome of the EU summit. However, as headline after headline came out,
USD/CAD Forecast Dec. 9th, 2011, Technical Analysis
The USD/CAD pair skyrocketed during the session on Thursday as the “risk off” trade came back into the fray. The Canadian dollar is tied to the risk spectrum and highly sensitive to the price of oil, which...
USD/CHF Forecast Dec. 9th, 2011, Technical Analysis
USD/CHF fell during the Thursday session as originally the markets decided to go out on the risk spectrum. The Swiss National Bank is still willing to sell off the Franc if the value of it gets too...
USD/JPY Forecast Dec. 9th, 2011, Technical Analysis
USD/JPY fell during most of the session on Thursday, only to bounce again in the end. The rumors are flying out of the EU and the markets are rocking back and forth because of this.
USD/CAD Forecast Dec. 8th, 2011, Technical Analysis
USD/CAD had a very neutral day on Wednesday as the market attempted to break the pair down below the 1.01 level and failed. The resulting daily candle was a doji, and finished just slightly positive.
AUD/USD Forecast Dec. 8th, 2011, Technical Analysis
AUD/USD rose on Wednesday after printing a hammer on Tuesday to show support again. The Aussie is a “risk on” currency, and with each rumor that looks like the EU will get some kind of relief, this...
USD/CHF Forecast Dec. 8th, 2011, Technical Analysis
USD/CHF continues to tread water under the all-important 0.93 level as the market dynamics are pushing people away from risk, and into safety overall.