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...

USD/JPY Forecast June 24, 2013, Technical Analysis

by FX Empire | June 22, 2013 5:43 am
The USD/JPY pair had a positive showing on Friday, breaking above the 97.50 handle. However, we did not break the top of the shooting star from the Thursday session, so although it looks bullish at this point...

USD/CAD Forecast June 24, 2013, Technical Analysis

by FX Empire | June 22, 2013 5:43 am
The USD/CAD pair rose again during the session on Friday, breaking through the 1.04 handle finally. This is been an area that has been very resistive to this market, and as a result we feel that breaking...

GBP/USD Forecast June 24, 2013, Technical Analysis

by FX Empire | June 22, 2013 5:42 am
The GBP/USD pair fell during the session on Friday, breaking the bottom of the hammer from the Thursday session. Because of this, we think this shows significant weakness, and that the 1.55 level will more than likely...