USD/JPY Forecast March 28, 2013, Technical Analysis

by FX Empire | March 28, 2013 5:54 am
The USD/JPY pair went back and forth during the session on Wednesday, essentially bouncing between the 95 and the 94 handles. This area below seems to be rather supportive, so we think that a move above the...

USD /CAD Forecast March 28, 2013, Technical Analysis

by FX Empire | March 28, 2013 5:53 am
The USD/CAD pair attempted to rally during the session on Monday, as you can see the 1.02 level offered enough resistance to keep the market down. By the end of the session, we had formed a shooting...

GBP/USD Forecast March 28, 2013, Technical Analysis

by FX Empire | March 28, 2013 5:52 am
The GBP/USD pair fell during the session on Wednesday, testing the 1.51 level for support. It did find it there, so we did get a little bit of a bounce. However, we shouldn’t forget that we are...

EUR/USD Forecast March 28, 2013, Technical Analysis

by FX Empire | March 28, 2013 5:52 am
The EUR/USD pair fell rather significantly during the session on Wednesday, breaking the 1.2850 support level. This is a significant turn of events, and now we have to see whether or not the 1.2750 level can hold...

AUD/USD Forecast March 28, 2013, Technical Analysis

by FX Empire | March 28, 2013 5:51 am
The AUD/USD pair fell during the session on Wednesday, but found enough support at the 1.04 level in order to bounce and produce a hammer for the session. This suggests to us that we are going to...

USD/JPY Forecast March 27, 2013, Technical Analysis

by FX Empire | March 27, 2013 5:53 am
The USD/JPY pair rose during the session on Tuesday as the 94 handle offered support. We still see this market has been one that you would only buy, and the move for the day while somewhat calm,...

USD/CAD Forecast March 27, 2013, Technical Analysis

by FX Empire | March 27, 2013 5:52 am
The USD/CAD pair fell rather significantly during the session on Tuesday, as the 1.02 level got broken down by the sellers. This coincided with a strong loyal market, so of course the move makes sense. However, much...

GBP/USD Forecast March 27, 2013, Technical Analysis

by FX Empire | March 27, 2013 5:52 am
The GBP/USD pair fell during the session on Tuesday as the Pound considered to whiter. This pair is certainly one that has been pounded over the last several weeks, and as a result we haven’t been buying...

EUR/USD Forecast March 27, 2013, Technical Analysis

by FX Empire | March 27, 2013 5:51 am
The EUR/USD pair went nowhere during the session on Tuesday as we continue to bump along the bottom. The 1.2850 level is significant support as far as we can tell, and as a result we are not...

AUD/USD Forecast March 27, 2013, Technical Analysis

by FX Empire | March 27, 2013 5:50 am
The AUD/USD pair had a positive showing on Tuesday as the commodity markets did quite well. The Australian dollar tends to correlate quite heavily with the gold markets, and today was simply a “catch-up session” as we...