AUD/USD Forecast July 12, 2013, Technical Analysis

by FX Empire | July 12, 2013 5:08 am
The AUD/USD pair found itself grinding back and forth during the balance of the Thursday session, but as you can see the 0.93 level has offered a bit too much resistance yet again, and as a result...

Major Correction on USD/JPY (July 11, 2013)

by Kate Curtis | July 11, 2013 6:41 am
USD/JPY suffered heavy selling pressure in yesterday’s trading when the FOMC meeting minutes revealed that not all Fed officials are in agreement with Bernanke’s tapering schedule. The minutes showed that some policymakers are still waiting to see...

USD/JPY Forecast July 11, 2013, Technical Analysis

by FX Empire | July 11, 2013 5:15 am
The USD/JPY pair fell hard during the session on Tuesday, slamming into the 100 handle. The Federal Reserve announced its recent meeting minutes, which showed that several of the members are hoping to see higher employment numbers...

GBP/USD Forecast July 11, 2013, Technical Analysis

by FX Empire | July 11, 2013 5:13 am
The GBP/USD pair rose during the session after the Federal Reserve released its minutes, which show that a lot of the members on the committee are a bit confused as to what they want to see before...

EUR/USD Forecast July 11, 2013, Technical Analysis

by FX Empire | July 11, 2013 5:12 am
The EUR/USD had an extraordinarily positive day after the FMOC minutes came out revealing that several of the Federal Reserve members on the committee were thinking that employment numbers needed to be stronger in order to taper...

AUD/USD Forecast July 11, 2013, Technical Analysis

by FX Empire | July 11, 2013 5:11 am
The AUD/USD pair went back and forth during the session on Wednesday, showing that the market is still quite confused. Nonetheless, we think that this market will continue to be bearish overall, and any rally will simply...

USD/JPY Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:24 am
The USD/JPY pair had a slightly positive session on Tuesday, but as you can see the 101 handle seems to be a magnet for price. It isn’t exactly impressive candle wise, so we think that a little...

USD/CAD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:23 am
The USD/CAD pair fell during the session on Tuesday, pulling back to the 1.05 handle roughly. This continues to grind higher, but we have seen over the last couple of weeks.

GBP/USD Forecast July 10, 2013, Technical Analysis

by FX Empire | July 10, 2013 6:22 am
The GBP/USD pair went back and forth during the session on Tuesday, but as you can see ended of the day in a negative fashion. We did attempt to break down below the recent lows, but enough...