Month: February 2012

Positive Greek News Leads to Boost in Risk Taking

by Forexyard.com | February 10, 2012 6:57 am
The euro had a bullish day yesterday, after news was released that Greece had reached an austerity deal led to a spike in risk taking. The EUR/USD spent much of the day at or above the 1.3300...

AUD/USD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:57 am
The AUD/USD pair had a fairly quiet session on Thursday, but is struggling at the 1.08 resistance area. The Aussie has enjoyed a massive rally lately, and the pair simply needs to rest as the bullishness will...

EUR/USD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:56 am
EUR/USD rose during the session as word of an agreement in Athens hit the wires. However, it should be noted that the reaction was somewhat subdued, and this good news will have already been priced into the...

GBP/USD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:55 am
GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this...

USD/CAD Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:54 am
USD/CAD fell slightly during the session on Thursday, continuing a pattern of range bound trading that we have seen over the last several days. The 0.99 level continues to act as support, and the parity level continues...

USD/CHF Forecast February 10, 2012, Technical Analysis

by FX Empire | February 10, 2012 6:53 am
The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got...