USD/CHF Technical Analysis August 22, 2011
The USD/CHF pair had a fairly quiet day on Friday, even though the stock markets weren’t quiet at all. The pair is being artificially held up by the Swiss National Bank at the moment, and the lack...
Month: August 2011
GBP/USD Technical Analysis August 22, 2011
The GBP/USD pair rose above the 1.65 area again on Friday, and fired off a lot of stops in that area. However, it should be noted that the area also produced a shooting star, and this could...
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.
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...
Choosing the Right Indicator
A major concern of newer traders is which is the best indicator for them to use in their trading. Also, they want to know if indicators broken down into beginning, intermediate and advanced trading categories?
AUD/USD Analysis (August 20)
The pair has been pulling back significantly over the last 2 weeks after a significant breakout of a long term rising trendline. The Aussie might be under pressure going forward considering the overall market shift towards risk...
USD/CAD Analysis (August 20)
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 which resulted in a 500 pips rally and a test of parity. We consider that a major bottom is now in place.
USD/CHF Analysis (August 20)
The pair has been consolidating all week after the sharp bounce we saw since August 10 and following the statement from SNB vice president about a possible future peg of the swiss franc on the Euro which...
USD/JPY Analysis (August 20)
It is always the same story with the USD/JPY which has been trading flat after the market has digested the last BoJ intervention (from August 04).
GBP/USD Analysis (August 20)
The pair has been rallying significantly the most part of the week, testing the 1,66 after a break above previous high at 1,6480.