USD/CAD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:08 am
The USD/CAD pair had a back and forth session on Tuesday, essentially ending the day flat. We did managed to break down below the lows from the Monday shooting star, and that more than likely had people...

GBP/USD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:07 am
The GBP/USD pair fell during the session on Tuesday, but did find a bit of support near the 1.54 handle in order to form a neutral candle the looks somewhat like a hammer.

EUR/USD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:07 am
The EUR/USD pair had a negative session on Tuesday as we managed to break back below the 1.31 handle. At the end of the day though, the same area that had proved supportive on Monday showed itself...

AUD/USD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:05 am
The AUD/USD pair fell during the session on Tuesday, but as you can see bounced again in order to form a hammer for the second session in a row. This market looks like it’s ready to bounce,...

Speculators Massive USD Dollars

by CashBackForex.com | June 25, 2013 1:43 pm
CFTC Commitments of Traders (COT) Report 18 June, published 21 June 2013, Technical Analysis.  Speculators continued their massive selling of the USD, as they cover their shorts in the euro, pound, SF, the DI and the yen....

USD/JPY Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 5:01 am
The USD/JPY pair fell during the session on Monday, dipping below the 98 handle. The shape of the candle is a bit like a hammer, and as a result it appears that people were willing to step...

USD/CAD Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 5:00 am
The US/CAD pair shot straight up during the session on Monday, but as you can see was be back down in order to form a perfect shooting star. Will we find particularly interesting about this shooting star...

EUR/USD Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 4:59 am
The EUR/USD pair fell during the session on Monday, but as you can see bounced enough to form a hammer at roughly 1.31 for the session. Because of the shape of this hammer, we believe that a...

AUD/USD Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 4:58 am
The AUD/USD pair fell during the session on Monday, but bounced enough to form a hammer. Nonetheless, we think that with the Australian dollar being so highly leveraged to the Chinese economy, we will simply pass on...