USD/JPY Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:47 am
The USD/JPY pair fell hard during the session on Tuesday, as the market slammed into the 96 handle again. However, the hammer that had formed a couple of days ago on Friday suggests that there is a...

USD/CAD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:46 am
The USD/CAD pair tried to rally during the session on Tuesday, but you can see that the 1.0250 level offered enough resistance to push the market back down. The US dollar struggle in general, and as a...

GBP/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:45 am
The GBP/USD pair initially fell during the session on Tuesday, but as you can see the 1.55 handle offered enough support to push prices back up area in the end, we found ourselves above the 1.56 handle,...

EUR/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:44 am
The EUR/USD pair rose during the session on Tuesday as the US dollar got absolutely pummeled against most currencies. We have now broken above the 1.33 handle, and as such we are comfortable going long for the...

AUD/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:43 am
The AUD/USD pair fell during the balance of the session on Tuesday, but as you can see found enough support just above the 0.93 handle in order to form a hammer. Bouncing that hard, we still find...

USD/JPY Forecast June 11, 2013, Technical Analysis

by FX Empire | June 11, 2013 6:32 am
The USD/JPY pair went back and forth during the session on Monday, but did in the day rather bullishly. Because of this, we think that the market is trying to find its way higher, and perhaps to...

USD/CAD Forecast June 11, 2013, Technical Analysis

by FX Empire | June 11, 2013 6:32 am
The USD/CAD pair fell during the session on Monday, but you can see that the 1.02 handle still offers enough support. Obviously, this is more of a zone than a line, but you can see that the...

GBP/USD Forecast June 11, 2013, Technical Analysis

by FX Empire | June 11, 2013 6:30 am
The GBP/USD pair fell initially during the session on Monday, but you can see that the 1.55 level did in fact offer enough support to print a positive candle. Nonetheless, we did not manage to break out,...

EUR/USD Forecast June 11, 2013, Technical Analysis

by FX Empire | June 11, 2013 6:29 am
The EUR/USD pair initially fell during the session on Monday, dipping below the 1.32 handle again. However, this move did not last that long and we did in fact find enough support at the 1.32 level in...