USD/JPY Technical Analysis August 22, 2011
The USD/JPY pair fell hard on Friday, especially during the US session. The pair is suffering from the “flight to safety” trade at the moment as traders buy the Yen in droves around the world.
Author: FX Empire
EUR/USD Technical Analysis August 22, 2011
The EUR/USD rose on Friday, but managed to find the top of the recent downtrend channel resistive. The pair looks like it is stuck between two levels at the moment, the 1.4250 and 1.45 levels. The market...
AUD/USD Technical Analysis August 19, 2011
The AUD/USD pair fell hard on Thursday as traders got bad news out of the US, and the European debt fears continue to take center stage.
EUR/USD Technical Analysis August 19, 2011
Thursday saw a selloff in the EUR/USD again. The 1.45 area seems to be an area that sellers are willing to step in and get involved, and this past time has been no different.
GBP/USD Technical Analysis August 19, 2011
GBP/USD fell as the world got spooked by fears coming out of Europe involving the debt crisis, and the Philly Fed numbers came in very poor. The reality is that the world could be slipping into recession,...
USD/CAD Technical Analysis August 19, 2011
The USD/CAD pair rose on Thursday as the oil markets sold off in a violent manner. The weak Philly Fed numbers out of the US only stoked the fires that were burning after a massive sell off...
USD/CHF Technical Analysis August 19, 2011
The USD/CHF pair remains somewhat stagnant as the trading community currently fears whatever means the Swiss National Bank are willing to take in order to keep the value of the Franc down.
USD/JPY Technical Analysis August 19, 2011
The USD/JPY continues its slow march south as the trading world tentatively tests the patience of the Bank of Japan. The central bank intervened just two weeks ago, and at levels just above where we presently sit.
USD/CAD Technical Analysis August 18, 2011
The USD/CAD pair fell below the all-important 0.98 level on Wednesday, only to bounce back up and above it. The resulting candle looks a lot like a hammer and as such, we think this pair could consolidate...
AUD/USD Technical Analysis August 18, 2011
The AUD/USD pair rose above the 1.05 level, and managed to hold above that level on Wednesday. The pair now looks set to try and reach the 1.0750 level as the gold market is strong, and the...