USD/CAD Forecast June 1, 2012, Technical Analysis

by FX Empire | June 1, 2012 10:23 am
The USD/CAD pair rose and cleared the 1.03 level on Thursday as the resistance finally gave way. The oil markets continue to look weak, and as a result of this CAD is hurting. This should continue as...

GBP/USD Forecast June 1, 2012, Technical Analysis

by FX Empire | June 1, 2012 10:22 am
The GBP/USD pair had another rough day on Thursday as the bearish tone in the markets continue to run over everything else. The Pound has suffered over the last several days, and the fact that we have...

EUR/USD Forecast June 1, 2012, Technical Analysis

by FX Empire | June 1, 2012 10:21 am
The EUR/USD pair continued to fall during the Thursday session, but not without a serious attempt to rally. The Euro got a bit of a lift on a rumor that the International Monetary Fund was talking with...

AUD/USD Forecast June 1, 2012, Technical Analysis

by FX Empire | June 1, 2012 10:20 am
The AUD/USD pair attempted a rally on Thursday as the 0.97 level was tested. The resulting candle was green, but just barely. Even more interesting is the fact that the candle is a shooting star at the...

Markets Eagerly Awaiting US Non-Farm Payrolls

by Forexyard.com | June 1, 2012 7:04 am
The euro saw a mild upward correction during mid-day trading yesterday amid hopes that Ireland would ratify a euro-zone fiscal pact. That being said, the rally was short-lived and the EUR/USD was once again trading below 1.2400...