USD/CAD Forecast August 15, 2012, Technical Analysis

by FX Empire | August 15, 2012 6:16 am
The USD/CAD pair fell slightly during the session on Tuesday, but still remains above the 0.99 support level. The pair is obviously in a bearish trend, but we think that the move lower will be dependent on...

Euro-Zone Data Signals Further Economic Downtrend

by Forexyard.com | August 15, 2012 5:47 am
The euro fell against the US dollar yesterday, following the release of a worse than expected German economic sentiment figure and GDP data which signaled an economic contraction in the euro-zone.

Forex-Metal Daily Analysis -14/08/2012

by Forex-Metal.com | August 14, 2012 12:19 pm
Market review for 13.08.12: The Euro substantially grew on the results of the auctions for the Germany and Italy bonds.

Euro Receives Boost, but Gains May be Temporary

by Forexyard.com | August 14, 2012 7:51 am
The euro saw upward movement against several of its main currency rivals yesterday, as hopes that the European Central Bank would move in to help debt stricken countries in the region boosted risk appetite in the marketplace.

EUR/USD Forecast August 14, 2012, Technical Analysis

by FX Empire | August 14, 2012 7:50 am
The EUR/USD pair had a bullish session for the Monday trading day, but it did manage to give up quite a bit of its gains in the end. The 1.2350 level continues to hold as resistance, and...

USD/JPY Forecast August 14, 2012, Technical Analysis

by FX Empire | August 14, 2012 7:49 am
USD/JPY had a positive session during the Monday trading day as we are simply bounced off of the support area below. Looking at the charts, the real question then becomes whether or not we are fighting massive...

GBP/USD Forecast August 14, 2012, Technical Analysis

by FX Empire | August 14, 2012 7:49 am
The GBP/USD pair attempted to smash through the 1.57 level on Monday, but was turned around and form a shooting star. Normally, this would have us very bearish of a currency pair, but as you can see...

AUD/USD Forecast August 14, 2012, Technical Analysis

by FX Empire | August 14, 2012 7:48 am
The AUD/USD pair fell during the Monday session and managed to bounce off of the 1.05 support level yet again. This doesn’t seem like much to us, and as such we treated more or less as consolidation...

USD/CAD Forecast August 14, 2012, Technical Analysis

by FX Empire | August 14, 2012 7:47 am
The USD/CAD pair attempted to rally on Monday, but fell short of anything that would impress us enough to get involved. The Friday shooting star suggested a continuation to the downside, and it does look like any...

Speculators Continue to Sell US Dollars

by CashBackForex.com | August 14, 2012 7:17 am
Commitment of Traderes (COT) Data 07 August 2012. Speculators continued to be sellers of the USD during the latest reporting period.