USD/JPY Forecast February 1, 2013, Technical Analysis

by FX Empire | February 1, 2013 4:38 am
The USD/JPY pair rose during the session on Thursday as the Yen continues to weaken against almost everything its used to buy. The pair has broken out, and the 90 handle should now continue to offer support...

USD/CAD Forecast February 1, 2013, Technical Analysis

by FX Empire | February 1, 2013 4:37 am
The USD/CAD currency pair fell rather strongly during the Thursday session as we broke the bottom of the shooting star from Wednesday. If you watched yesterday’s video, you know that we had suggested that a break down...

GBP/USD Forecast February 1, 2013, Technical Analysis

by FX Empire | February 1, 2013 4:36 am
The GBP/USD pair rose during the session on Thursday, as the selloff has abated, and the 1.58 area is starting to show real strength. Because of this, we think that the analysis that we have been going...

EUR/USD Forecast February 1, 2013, Technical Analysis

by FX Empire | February 1, 2013 4:35 am
The EUR/USD pair initially fell during the Thursday session, but found enough buyers to push the market back up and form a hammer. This hammer since just below the 1.36 level, and we believe that the Friday...

AUD/USD Forecast February 1, 2013, Technical Analysis

by FX Empire | February 1, 2013 4:34 am
The AUD/USD pair went back and forth during the session on Thursday, finishing just above the 1.04 level again. It does look as we said yesterday that we are looking at consolidation going forward, and that this...