EUR/USD Forecast November 26, 2012, Technical Analysis

by FX Empire | November 24, 2012 4:22 am
The EUR/USD pair rose during the session on Friday as the Euro continues to gain. Overall, the currency looks very strong at the moment, and it appears that we are heading towards the 1.3150 level before it’s...

Euro Benefits From Positive Global Data

by Forexyard.com | November 23, 2012 8:52 am
The euro saw gains against virtually all of its main currency rivals yesterday, as the combination of positive Chinese, French and German data boosted confidence in the global economic recovery and encouraged risk taking among investors.

USD/JPY Forecast November 23, 2012, Technical Analysis

by FX Empire | November 23, 2012 4:06 am
The USD/JPY pair attempted to rally during the session on Thursday, but met significant resistance at the 82.50 level. In fact, the resulting failure formed a shooting star at the end of the day, in this now...

USD/CAD Forecast November 23, 2012, Technical Analysis

by FX Empire | November 23, 2012 4:06 am
The USD/CAD pair rose slightly during the Thursday session as Americans took the day off for Thanksgiving. Typically this market will move most in the North American session, and as such we ended up having a very...

GBP/USD Forecast November 23, 2012, Technical Analysis

by FX Empire | November 23, 2012 4:05 am
The GBP/USD pair fell during the session on Thursday as the market would have only been liquid for two of the three sessions. The Americans had Thanksgiving holiday in mind, so of course the liquidity during that...

EUR/USD Forecast November 23, 2012, Technical Analysis

by FX Empire | November 23, 2012 4:04 am
The EUR/USD pair rose slightly during the Thursday session as the market looks ready to reenter the consolidation area between 1.28 and 1.3150 over the next couple of weeks.

AUD/USD Forecast November 23, 2012, Technical Analysis

by FX Empire | November 23, 2012 4:03 am
The AUD/USD currency pair fell during the session originally, but found support as we formed yet another hammer just below the 1.04 level. This market looks like it’s trying to grind higher, and as such we are...