EUR/USD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 9:00 am
The EUR/USD pair fell significantly during the session on Friday, and even managed to break down below the 1.30 level. However, you can see that a significant amount of the loss was recovered by the end of...

AUD/USD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 8:59 am
The AUD/USD pair fell significantly during the Friday session, and even managed to pull down below the parity level during the session. However, you can see that the markets did bounce back above it and we formed...

USD/JPY Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 5:02 am
The USD/JPY pair had a monumental day during the session on Thursday, finally breaking above the 100 handle. For what seems like ages now, this market has stalled every time he got near the 100 area.

USD/CAD Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 5:01 am
The USD/CAD pair bounced off of the lows during the session on Thursday, breaking above the 1.0050 level. The candle is very bullish, but essentially a small blip on the radar when it comes to the fall...

GBP/USD Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 5:00 am
The GBP/USD pair fell during the session on Thursday, closing below the recent range that has been focused on the 1.55 level. The market appears to be bearish at the moment, but the longer-term action has been...

EUR/USD Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 4:59 am
The EUR/USD pair fell during the session on Thursday, as we had been near the top of the range that the market is currently stuck in. It also see that the 1.30 level offered enough support to...

AUD/USD Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 4:58 am
The AUD/USD pair fell during the session on Thursday, after initially trying to rally. The fact that we have close below the 1.01 handle now houses very bearish on the Australian dollar, as this was significant support.

AUD/USD Breaks Key 1.0200 Support (May 10, 2013)

by Kate Curtis | May 10, 2013 4:40 am
After several failed attempts in the past few months, AUD/USD finally made a convincing break below the 1.0200 major psychological level in yesterday’s trading.

NZD/USD: Break and Retest Scenario (May 9, 2013)

by Kate Curtis | May 9, 2013 6:52 am
NZD/USD just broke below the .8500 major psychological support level recently, mostly because of the downturn in risk appetite. The recent speech by RBNZ Governor Graeme Wheeler also revealed that the central bank actually secretly intervened in...

USD/JPY Forecast May 9, 2013, Technical Analysis

by FX Empire | May 9, 2013 4:06 am
The USD/JPY pair had a slightly positive session on Wednesday, but in the end essentially did nothing. We continue to hover around the 99 handle, and as a result there isn’t much to trade in this market...