USD/CAD Forecast April 25, 2012, Technical Analysis

by FX Empire | April 25, 2012 7:13 am
The USD/CAD pair fell hard during the Tuesday session as the risk on trade came back. Also, oil did give a slight bid for the session, and this helped the Canadian dollar as well. The fact that...

AUD/USD Forecast April 25, 2012, Technical Analysis

by FX Empire | April 25, 2012 7:12 am
The AUD/USD pair fell for much of the session on Tuesday, but bounced at the end in order to form a hammer. This bullish sign is at the bottom of the most recent consolidation level, and it...

GBP/USD Forecast April 25, 2012, Technical Analysis

by FX Empire | April 25, 2012 7:11 am
GBP/USD had a bullish day on Tuesday, proving the hammer from the Monday session to be support after all. However, with the Federal Reserve meeting and announcement coming later in the day, it is best to wait...

USD/JPY Forecast April 25, 2012, Technical Analysis

by FX Empire | April 25, 2012 7:10 am
The USD/JPY pair fell for a significant part of the Tuesday session, only to pop higher and form a hammer. The pair is currently stuck in a down trending channel, but looks as if it is getting...

EUR/USD Forecast April 25, 2012, Technical Analysis

by FX Empire | April 25, 2012 7:09 am
EUR/USD rose a bit on Tuesday as the best levels came off. The pair has been choppy lately to say the least, and the action continues to remain so. The trend lately has been for the Europeans...

EUR Reverses Earlier Gains

by Forexyard.com | April 24, 2012 7:42 am
The euro gave up its recent gains against the US dollar and Japanese yen yesterday, following a combination of negative euro-zone news which led to an increase in risk aversion.

EUR/USD Forecast April 24, 2012, Technical Analysis

by FX Empire | April 24, 2012 7:41 am
The EUR/USD pair fell most of the session on Monday, but the Americans came in and gave it a lift yet again. The resulting candle looks somewhat like a hammer, but it far too long in the...

USD/JPY Forecast April 24, 2012 Technical Analysis

by FX Empire | April 24, 2012 7:40 am
The USD/JPY pair fell during the Monday session in order to test the 81 handle. The pair has been breaking out of a longer-term downtrend over the last few months, and as long as the 80 level...

GBP/USD Forecast April 24, 2012, Technical Analysis

by FX Empire | April 24, 2012 7:39 am
The GBP/USD pair has been racing higher lately, and the Monday session first looked as if it was going to be the pullback most traders would have needed. However, the fall was very short-lived, and it formed...