EUR/USD Forecast June 6, 2012, Technical Analysis

by FX Empire | June 6, 2012 8:04 am
The EUR/USD pair fell during the session on Tuesday as the risk off attitudes came back to the markets, albeit in a limited mode. The pair seems to have reacted to the 1.25 level as resistance, and...

USD/JPY Forecast June 6, 2012, Technical Analysis

by FX Empire | June 6, 2012 8:03 am
The USD/JPY pair had a bullish session on Tuesday as members of the Bank of Japan started the verbal phrase of their intervention in order to bring down the value of the Yen. The BoJ has a...

GBP/USD Forecast June 6, 2012, Technical Analysis

by FX Empire | June 6, 2012 8:02 am
The GBP/USD pair continued to grind sideways on Tuesday as the pair simply has no real catalyst to rise, but the Dollar is being speculated against as the ideas of another round of quantitative easing are in...

AUD/USD Forecast June 6, 2012, Technical Analysis

by FX Empire | June 6, 2012 8:01 am
The AUD/USD pair had a slightly bullish session on Tuesday as the markets in general had a slightly firmer tone to them. The 0.99 level just above looks to be resistive, and could keep a lid on...

USD/CAD Forecast June 6, 2012, Technical Analysis

by FX Empire | June 6, 2012 8:00 am
The USD/CAD pair attempted to rally on Tuesday, but in the end failed. In fact, it formed a shooting star at the end of the day, and this could be a signal that further weakness is coming.

EUR/USD Forecast June 4, 2012, Technical Analysis

by FX Empire | June 4, 2012 7:32 am
The EUR/USD pair got a bit of a boost during the session on the bad jobs numbers out of America. This seems to be predicated on the idea that the Federal Reserve could forced to step in...

USD/JPY Forecast June 4, 2012, Technical Analysis

by FX Empire | June 4, 2012 7:31 am
The USD/JPY pair fell hard during the session on Friday as the Non-Farm Payroll numbers came out weak. The 69 thousand jobs added was well under the expected amount, and as a result the Dollar got pummeled.

GBP/USD Forecast June 4, 2012, Technical Analysis

by FX Empire | June 4, 2012 7:30 am
The GBP/USD pair fell again on Friday as the Non-Farm Payroll numbers for the month of May come out at just 69 thousand jobs added in America. This had a bit of speculation enter the market that...