AUD/USD Technical Analysis September 26, 2011
The AUD/USD pair fell again on Friday as traders continued to sell off riskier assets around the world. The resulting bar was a bit of a hammer, and a bounce wouldn’t be out of the question at...
Month: September 2011
USD/CHF Technical Analysis September 26, 2011
USD/CHF rose, but fell as well on Friday and then gained some ground back in the end of trading. The pair is decidedly bullish, and we now see dips as buying opportunities.
GBP/USD Technical Analysis September 26, 2011
The GBP/USD pair fell after rising to the 1.55 level on Friday. The area was recently support, so a retest of it as resistance would be expected by the markets, and it did in fact fail to...
USD/JPY Technical Analysis September 26, 2011
USD/JPY rose on Friday as traders continue the back and forth dance with the Bank of Japan at the 76 handle. The pair can’t be sold, as the area is certainly being watched and possibly protected by...
EUR/USD Technical Analysis September 26, 2011
EUR/USD had a whippy day on Friday as traders aren’t sure what the G-20 conference will produce over the weekend. Without a doubt, the debt crisis in at the fore front on the meeting, and any announcement...
USDCAD Analysis – September 24, 2011
USDCAD’s upward movement from 0.9406 extended to as high as 1.0360. Further rise could be seen after a minor consolidation, and next target would be at 1.0500 area. Support is now at 1.0130, as long as this...
USDCHF Analysis – September 24, 2011
USDCHF’s upward movement from 0.7067 extended to as high as 0.9181. Support remains at the uptrend line on daily chart, as long as the trend line support holds, uptrend could be expected to continue, and next target...
USDJPY Analysis – September 24, 2011
USDJPY is facing 75.96 key support, a breakdown below this level will signal resumption of downtrend from 85.51, then deeper decline towards 0.7000 could be seen. Resistance is at 0.7700, only break above this level could indicate...
AUDUSD Analysis – September 24, 2011
AUDUSD broke below 0.9927 support and reached as low as 0.9670, suggesting that the long term uptrend from 0.8066 (2010 low) has completed at 1.1080 already. Further fall is now in favor, and next target would be...
GBPUSD Analysis – September 24, 2011
GBPUSD remains in downtrend from 1.6617, and the fall extended to as low as 1.5327. Further fall could be expected next week, and next target would be at 1.5000 area. Resistance is at 1.5600, as long as...