EUR/USD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:24 am
The EUR/USD pair rose during the session on Friday, but fell a bit short of breaking out of the descending triangle that the market looks like it is trying to form. There are a ton of problems...

USD/JPY Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:23 am
The USD/JPY pair is one that many traders are watching at the moment. The pair features two central banks that are trying to ease monetary policy in different ways, and as such this is a real race...

GBP/USD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:22 am
The GBP/USD pair is absolutely out of control, and the bullishness continued on Friday. The move has been strong and relentless, and on top of that – the United Kingdom has recently gone into recession! None the...

AUD/USD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:21 am
The AUD/USD pair shot straight up on Friday as the “risk on” attitude came back into the markets. The pair is often used as a proxy for risk appetite and the gold markets, both of which rose...

USD/CAD Forecast April 30, 2012, Technical Analysis

by FX Empire | April 30, 2012 7:18 am
The USD/CAD pair fell again on Friday as the Dollar negative sentiment continues. The reaction is to words by Federal Reserve Chairman Ben Bernanke, in which he expressed the Federal Reserve’s willingness to prop the economy up...

Forex Markets Chew On Japanese Fundamentals

by CashBackForex.com | April 27, 2012 8:31 am
European news has dominated the forex market with a steady narrative of an ongoing saga, making it easy to forget the Europeans do not have a monopoly on a saga of troubled times.  Last night we got...

USD/JPY Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:57 am
The USD/JPY pair is without a doubt one of the most interesting pairs at the moment. In this market you have a matchup of two central banks that seem dead set on killing off their currencies.

USD/CAD Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:56 am
The USD/CAD pair bounced hard on Thursday as the 0.98 handle came into the mix in order to give the pair a lift. The recent consolidation did in fact breakdown in order to test the handle, but...

GBP/USD Forecast April 27, 2012, Technical Analysis

by FX Empire | April 27, 2012 6:55 am
The GBP/USD pair rose again during the Thursday session as the breakout continues. However, by the end of the session we saw a doji, and the last couple of days are starting to look a bit exhausted,...