AUDUSD Analysis – May 11, 2013

by ForexCycle.com | May 11, 2013 1:49 pm
AUDUSD’s downward movement from 1.0582 extends to as low as 0.9961. Further decline could be expected after a minor consolidation, and next target would be at 0.9700 area. Resistance is at 1.0150, as long as this level...

GBPUSD Analysis – May 11, 2013

by ForexCycle.com | May 11, 2013 1:48 pm
GBPUSD remains in uptrend from 1.4831, the fall from 1.5605 is likely consolidation of the uptrend. Support is at the lower line of the price channel on daily chart, as long as the channel support holds, the...

EURUSD Analysis – May 11, 2013

by ForexCycle.com | May 11, 2013 1:46 pm
EURUSD breaks below 1.2955 support, suggesting that the upward movement from 1.2747 had completed at 1.3242 already. Deeper decline to test 1.2747 support would likely be seen next week,

USD/JPY Forecast May 13th, 2013, Technical Analysis

by FX Empire | May 11, 2013 9:03 am
The USD/JPY pair gained during the session on Friday, which of course would’ve been expected after the extraordinarily strong session we saw on Thursday. We are now free oh 100 handle, and this of course means of...

USD/CAD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 9:02 am
The USD/CAD pair had a very bullish session on Friday, but did giveback roughly 40 pips of the gains by the end of the session in order to form a glass impressive candle in the end.

GBP/USD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 9:01 am
The GBP/USD pair fell during the session on Friday, as the US dollar gained against almost everything. This market solve the British pound fall below the 1.54 level, an area that we suggested would be significant.

EUR/USD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 9:00 am
The EUR/USD pair fell significantly during the session on Friday, and even managed to break down below the 1.30 level. However, you can see that a significant amount of the loss was recovered by the end of...

AUD/USD Forecast May 13, 2013, Technical Analysis

by FX Empire | May 11, 2013 8:59 am
The AUD/USD pair fell significantly during the Friday session, and even managed to pull down below the parity level during the session. However, you can see that the markets did bounce back above it and we formed...

USD/JPY Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 5:02 am
The USD/JPY pair had a monumental day during the session on Thursday, finally breaking above the 100 handle. For what seems like ages now, this market has stalled every time he got near the 100 area.

USD/CAD Forecast May 10, 2013, Technical Analysis

by FX Empire | May 10, 2013 5:01 am
The USD/CAD pair bounced off of the lows during the session on Thursday, breaking above the 1.0050 level. The candle is very bullish, but essentially a small blip on the radar when it comes to the fall...