GBP/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:06 am
The GBP/USD pair fell initially during the session on Thursday, but found enough support at the 1.5650 level in order to bounce back higher and a break above the 1.57 level. This market still looks like it...

EUR/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:05 am
The EUR/USD pair fell during the session on Thursday, and even managed to get below the 1.33 handle. However, we got a bit of a bounce and as a result formed a hammer.

AUD/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:03 am
The AUD/USD pair initially fell during the early hours of the Thursday session, but turned around and close well above the 0.96 handle. That being the case, this market looks like it’s trying to form a pretty...

Daily currencies review (13 June 2013)

by DFMarkets.co.uk | June 13, 2013 10:06 am
This morning the dollar is expanding its decline from yesterday, when it reported another weak session. The reasons behind the greenback’s fast drop lay in the Japanese stock market‘s decline and the uncertainty surrounding the Fed’s stimulus...

USD/JPY Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:48 am
The USD/JPY pair went back and forth during the session on Wednesday, testing the 95 handle for support again, and testing the 97 level for resistance. In the end, we had very little change from the previous...

USD/CAD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:47 am
USD/CAD fell during a large part of the session, but bounced in order to form a hammer. This hammer is just after a shooting star at the 1.02 handle, and as a result it looks like we...

GBP/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:47 am
The GBP/USD pair rose during the session on Wednesday, breaking above the recent highs but pulled back slightly. While this is a positive candle, it also suggest that perhaps the trading will be choppy going forward.

EUR/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:46 am
The EUR/USD pair fell initially during the session on Wednesday, but found the 1.3300 level supportive enough to keep the market afloat. In the end, we did bounce and got as high as the 1.3350 or so,...

AUD/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:45 am
The AUD/USD pair tried to rally during the session on Wednesday, but as you can see the previous support area at the 0.95 level has in fact shown itself to be resistive now.

Global currencies review (12 June 2013)

by DFMarkets.co.uk | June 12, 2013 10:36 am
On Wednesday the US dollar is trying to offset its heavy losses against the yen seen yesterday. On Tuesday the greenback was subjected to massive sell-offs in favour of the yen after Japan’s central bank refrained from...