USD/CAD Forecast February 18, 2012, Technical Analysis

by FX Empire | February 16, 2013 5:41 am
The USD/CAD pair shot straight up during the session on Friday, but failed to break above the 1.01 level yet again. In fact, this latest search created a lower low than the previous two attempts.

GBP/USD Forecast February 18, 2013, Technical Analysis

by FX Empire | February 16, 2013 5:40 am
The GBP/USD pair went back and forth during the session on Friday, but did end up positive. In fact, we managed to close above the 1.55 level, which of course is an area that based upon the...

EUR/USD Forecast February 18, 2013, Technical Analysis

by FX Empire | February 16, 2013 5:39 am
The EUR/USD pair went back and forth during the session on Friday, as it danced around the 1.3350 level. This area should provide a bit of support, but the weekly candle looks very poor at this point...

AUD/USD Forecast February 18, 2013, Technical Analysis

by FX Empire | February 16, 2013 5:38 am
The AUD/USD pair fell rather significantly during the session on Friday, plowing into the recent noisy area just below the 1.03 level. However, the 1.03 level did hold of support by the end of the session, and...

Trade Setup for the Day: Short EUR/JPY (February 15, 2013)

by Kate Curtis | February 15, 2013 7:49 am
EUR/JPY just formed a complex head and shoulders pattern or a triple-top on the 4-hour time frame. The pair is currently testing the neckline while stochastic is in the oversold region, which means that it could consolidate...

USD/JPY Forecast February 15, 2013, Technical Analysis

by FX Empire | February 15, 2013 5:57 am
The USD/JPY pair went back and forth during the session on Thursday to finally close the session slightly lower. However, it appears that the range is tightening up and that this pair could be going sideways for...

USD/CAD Forecast February 15, 2013, Technical Analysis

by FX Empire | February 15, 2013 5:56 am
The USD/CAD pair fell during the session on Thursday, but essentially went nowhere as we traded in a very tight range. The market will certainly be one of the more interesting ones to watch as it is...

GBP/USD Forecast February 15, 2013, Technical Analysis

by FX Empire | February 15, 2013 5:55 am
The GBP/USD pair fell during the session on Thursday, breaking below the 1.55 level. The psychological barrier has now given way to the sellers, and as a result this market can continue lower.

EUR/USD Forecast February 15, 2013, Technical Analysis

by FX Empire | February 15, 2013 5:54 am
The EUR/USD pair fell during the session on Thursday, triggering the sell signal from the shooting star on Wednesday. However, by the end of the day we did see a little bit of a bounce to confirm...

AUD/USD Forecast February 15, 2013, Technical Analysis

by FX Empire | February 15, 2013 5:54 am
The AUD/USD pair initially fell during the session on Thursday, but found enough buyers to bounce and form a hammer. This hammer is placed right above the 1.0350 level, and as a result looks like a market...