AUD/USD Forecast April 19, 2013, Technical Analysis

by FX Empire | April 19, 2013 6:06 am
The AUD/USD pair went back and forth during the session on Thursday, basically focusing on the 1.03 handle. However, at the end of the session we did settle much and it appears that we have essentially stopped...

USD/JPY Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:25 am
The USD/JPY pair went back and forth during the session on Wednesday, but found the 98.25 level before too resistant to close above. The resulting candle is somewhat neutral, although it does have a slightly positive close...

USD/CAD Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:24 am
The USD/CAD currency pair shot straight up during the session as the “fear trade” came back into the marketplace on Wednesday. However, by the end of the session you can see that quite a bit of the...

GBP/USD Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:23 am
The GBP/USD pair fell during the session on Wednesday, and in fact many stood Pierce the 1.5250 support level. We now have a situation where shorting this pair is possible, but only under the 1.52 level. Until...

EUR/USD Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:20 am
The EUR/USD pair fell during the session on Wednesday, breaking to the 1.30 level. However, we do not close below, and as a result there is still back to hang your hat on if you are bullish...

AUD/USD Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:19 am
The AUD/USD pair fell during the session on Wednesday, breaking down below the 1.03 level yet again. However, unlike the last couple of sessions, this pair actually stayed below it. This of course is a very bearish...

USD/JPY Forecast April 17, 2013, Technical Analysis

by FX Empire | April 17, 2013 6:18 am
The USD/JPY pair had a fairly strong showing on Tuesday, especially when you consider how big of a selloff we saw in the marketplace on Monday. This bounce makes sense, as the Bank of Japan will continue...

USD/CAD Forecast April 17, 2013, Technical Analysis

by FX Empire | April 17, 2013 6:18 am
The USD/CAD pair fell during the session after initially trying to break above the 1.0250 level on Tuesday. However, you can see that the pullback was significant enough to cause a shooting star that presently sits above...

GBP/USD Forecast April 17, 2013, Technical Analysis

by FX Empire | April 17, 2013 6:17 am
The GBP/USD pair rose during the session on Tuesday in order to prove the 1.5250 level as support. This area continues to be an area that we watch as it was once previously massive resistance.

EUR/USD Forecast April 17, 2013, Technical Analysis

by FX Empire | April 17, 2013 6:16 am
The EUR/USD pair broke above the 1.31 level during the session on Tuesday, showing strength as we closed towards very top of the candle. However, we did not get above the 1.32 level, an area that we’ve...