USD/JPY Forecast December 5th, 2011, Technical Analysis
The USD/JPY pair got a boost on Friday as traders continue to buy the Dollar against the Yen at the moment. However, there is a ton of selling in this pair overall and the 0.8000 level is...
Author: FX Empire
AUD/USD Forecast Dec. 2, 2011, Technical Analysis
AUD/USD fell during the session, but bounced back to form a hammer by the end of the day. This shows that the pair still wants to rise, and that the majority of traders think that the pair...
EUR/USD Forecast Dec. 2nd, 2011, Technical Analysis
EUR/USD had a positive day on Thursday as traders continue to see potential movement in the crisis by leaders of the EU. The pair again struggled with the 1.35 level as resistive, and the pair looks a...
GBP/USD Forecast Dec. 2nd, 2011, Technical Analysis
GBP/USD had a volatile day on Thursday as traders went between bullish and bearish in this pair. The resulting candle is a doji, and shows just how confused the market is at the moment. After the two...
USD/CAD Forecast Dec. 2nd, 2011, Technical Analysis
USD/CAD fell again on Thursday as traders continue to buy the “risk on” trade. The USD/CAD will particularly interesting today as it has an interesting dynamic when it comes to the US jobs market.
USD/CHF Forecast Dec. 2nd, 2011, Technical Analysis
USD/CHF fell at first on Thursday, but got a bit of a bounce as rumors of the Swiss National Bank setting negative interest rates came to light. It hasn’t be confirmed at this point, but the idea...
USD/JPY Forecast Dec. 2nd, 2011, Technical Analysis
The USD/JPY had a fairly quiet day on Thursday as traders pared volume ahead of the Non-Farm Payroll reports later today. The US job market will certainly have an effect on the rate in each currency, but...
USD/JPY Forecast Dec. 1st, 2011, Technical Analysis
The USD/JPY pair fell on Wednesday as the central banks of the world have struck a coordinated play on driving the cost of borrowing Dollars down for some of the larger banks.
USD/CAD Forecast Dec. 1st, 2011, Technical Analysis
The USD/CAD pair fell apart during the session as the central banks of the major economies around the world have agreed to cut the cost of swapping Dollars in order to fund banks.
USD/CHF Forecast Dec. 1st, 2011, Technical Analysis
USD/CHF fell during the session on Wednesday as traders dumped the US Dollar around the markets. The pair fell fairly close to the 0.9000 level, and then found buyers stepping into the market.