USD/JPY Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:51 am
The USD/JPY pair managed to eke out a bit of gains during the Friday session as we closed above the 90 handle for the first time in ages. This pair looks extremely bullish, and we believe that...

USD/CAD Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:51 am
The USD/CAD pair surged during the Friday session as we closed above the 0.99 handle for the first time in roughly 2 weeks. The markets continue to stay under parity though, and as a result we think...

GBP/USD Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:50 am
The GBP/USD pair fell extremely hard during the session on Friday in order to test the 1.5850 level. However, we see significant support below at the 1.58 handle, and think that perhaps the downside is somewhat limited...

EUR/USD Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:49 am
The EUR/USD pair fell during the session on Friday, but remains above the 1.33 support level in order to stay relatively bullish. The pair looks like it’s trying to continue climbing higher, and as a result we...

AUD/USD Forecast January 21, 2013, Technical Analysis

by FX Empire | January 19, 2013 5:48 am
The AUD/USD pair fell during the Friday session as the market tested the bottom of the hammer from Thursday. We broke below the 1.05 level at one point in the session, but bounced back above in order...

US Consumer Sentiment Data May Boost Dollar

by Forexyard.com | January 18, 2013 7:44 am
A better than expected US Unemployment Claims figure gave the USD a temporary boost yesterday afternoon, before a disappointing manufacturing indicator resulted in the greenback reversing some of its earlier gains.

USD/JPY Forecast January 18, 2013, Technical Analysis

by FX Empire | January 18, 2013 4:43 am
The USD/JPY pair shot straight up during the Thursday session as we slammed into the 90 handle. At the end of the session though, we did pullback a little bit from that level and now are finding...

USD/CAD Forecast January 18, 2013, Technical Analysis

by FX Empire | January 18, 2013 4:42 am
The USD/CAD pair went back and forth during the Thursday session, but managed to find weakness in the end as we printed a shooting star looking candle. This candle suggests that we are going lower, and as...

GBP/USD Forecast January 18, 2013, Technical Analysis

by FX Empire | January 18, 2013 4:41 am
The GBP/USD pair had a back-and-forth session during the Thursday trading day and essentially hovered around the 1.60 level at the end of all of the erratic behavior. It looks like we’re trying to break through the...