GBP/USD Forecast January 10, 2013, Technical Analysis

by FX Empire | January 10, 2013 5:53 am
The GBP/USD pair fell during the session again on Wednesday as the bearish pressure continues. However, the 1.60 level has offered support yet again and although we pierced it, we could not sustain that move.

EUR/USD Forecast January 10, 2013, Technical Analysis

by FX Empire | January 10, 2013 5:52 am
The EUR/USD pair fell for much of the session on Wednesday, but as you can see towards the end of the day we got a bit of a bounce in order to form a hammer. With even...

AUD/USD Forecast January 10, 2013, Technical Analysis

by FX Empire | January 10, 2013 5:51 am
The AUD/USD pair was fairly volatile during the Wednesday session as we continue to bounce around just above the 1.05 level. However, the markets essentially finish the day unchanged, and all things considered it was a bit...

Euro Takes Losses Following Disappointing EU Data

by Forexyard.com | January 9, 2013 7:37 am
The euro took losses against several of its main currency rivals yesterday, following the release of worse than expected EU retail sales and German factory orders data. The news also led to bearish movement for other riskier...

USD/JPY Forecast January 9, 2013, Technical Analysis

by FX Empire | January 9, 2013 7:36 am
The USD/JPY pair attempted to rally during the session on Tuesday, but fell flat as we ended the day negative. The candle that formed was a shooting star, and as a result it looks as if the...

USD/CAD Forecast January 9, 2013, Technical Analysis

by FX Empire | January 9, 2013 7:36 am
USD/CAD went back and forth during the Tuesday session as we continue to tread water in the vicinity of 0.9850 or so. This pair has been rather choppy lately, and as a result it has been very...

GBP/USD Forecast January 9, 2013, Technical Analysis

by FX Empire | January 9, 2013 7:34 am
The GBP/USD pair fell during the session on Tuesday, but still remains above the vital 1.60 support level. Because of this, we think this pair still has a strong chance of going higher, and we are not...

EUR/USD Forecast January 9, 2013, Technical Analysis

by FX Empire | January 9, 2013 7:33 am
The EUR/USD pair fell during the session on Tuesday, as we approach the 1.3150 resistance area. However, we did get a little bit of a bounce towards the end of the day and some of the losses...

AUD/USD Forecast January 9, 2013, Technical Analysis

by FX Empire | January 9, 2013 7:32 am
The AUD/USD pair fell during the session on Tuesday as the 1.05 level proved a bit too rich at first. However, this level has offered support for the buyers, and we now are over it.