USD/JPY Forecast May 28, 2012, Technical Analysis

by FX Empire | May 28, 2012 7:06 am
The USD/JPY pair did absolutely nothing during the Friday session as the markets had low volume. The pair is currently sitting right at the 200 day exponential moving average, and as a result seems fairly balanced at...

USD/CAD Forecast May 28, 2012, Technical Analysis

by FX Empire | May 28, 2012 7:05 am
The USD/CAD pair has been on a massive bull run as of late, and the Friday session will have done little to change that perception. The 1.03 level was breached during the session, and although the market...

GBP/USD Forecast May 28, 2012, Technical Analysis

by FX Empire | May 28, 2012 7:03 am
GBP/USD has been beaten up pretty badly over the last several sessions, and the Friday markets did little to raise hopes for the bulls. Granted, the session was essentially unchanged, but with the recent fall, many would...

EUR/USD Forecast May 28, 2012, Technical Analysis

by FX Empire | May 28, 2012 7:03 am
The EUR/USD pair continued to show weakness on Friday as the sellers have this pair firmly under control. The resulting shape of the candle is the second shooting star in an a row at these low levels,...

AUD/USD Forecast May 28, 2012, Technical Analysis

by FX Empire | May 28, 2012 7:00 am
The AUD/USD pair had a volatile session on Friday only to end up unchanged at the end of the session. The 0.97 level looms large as support below, and this has kept the sellers at bay so...

USD/JPY Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 8:46 am
The USD/JPY pair had a slightly bullish session on Thursday as we had suspected consolidation to be the next move. So far, this is coming true. However, we still feel that the real risks could be to...

USD/CAD Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 8:45 am
The USD/CAD pair rose during the session, but ended up almost unchanged by the end of Thursday. The pair is being moved around by the oil markets, and those commodity markets found a little bit of a...

GBP/USD Forecast May 25, 2012, Technical Analysis

by FX Empire | May 25, 2012 8:44 am
The GBP/USD pair has fallen again during the Thursday session to test the support level at the 1.5650 level. The level was our “line in the sand” for the bulls, and the fact that we have touched...

German Data Leads to Additional Euro Losses

by Forexyard.com | May 25, 2012 7:15 am
Disappointing German data sent the euro to fresh lows against the USD during European trading yesterday. In a sign that even the euro-zone’s biggest economy was not immune from the region’s debt crisis, the German Flash Manufacturing...