USD/JPY Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:50 am
The USD/JPY pair fell hard during the session on Tuesday, slamming through the radiator handle, and parking right at the 97 handle. However, we think that there is a significant amount of support below, so with that...

USD/CAD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:49 am
The USD/CAD pair tried to rally during the session on Tuesday, but as you can see failed and formed a shooting star for the third session in a row. However, we do not like shorting this pair,...

GBP/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:48 am
The GBP/USD pair fell during the session on Tuesday, slicing through the 1.55 handle at one point during the day. However, as you can see we bounced enough from that area in order to form a hammer,...

EUR/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:47 am
The EUR/USD pair fell during a majority of the session on Tuesday, but as you can see found enough support below in order to form a hammer. This market continues to find buyers every time it dips,...

AUD/USD Forecast August 28, 2013, Technical Analysis

by FX Empire | August 28, 2013 5:46 am
The AUD/USD pair fell during the session on Tuesday, but as you can see got a little bit of a bounce off of the 0.8950 handle. The resulting bounce formed a hammer, which of course formed right...

Daily review – Global currencies – 27 August 2013

by DFMarkets.co.uk | August 27, 2013 10:28 am
The yen managed to rise against all of its 16 major counterparts in Asian Tuesday trading, increasing its appeal to investors as a safe-haven currency, especially after a sell-off in emerging markets.

USD/JPY Forecast August 27, 2013, Technical Analysis

by FX Empire | August 27, 2013 7:45 am
The USD/JPY a pair tried to fall during the session on Monday, but as you can see bounced slightly to close around the 98.50 level. This area of course has been supportive in the past, and therefore...

GBP/USD Forecast August 27, 2013, Technical Analysis

by FX Empire | August 27, 2013 7:43 am
The GBP/USD pair did very little during the session on Monday, as you can see essentially closing the market unchanged. We are in between two significant areas in the former 1.55, and the 1.5750 level.