GBP/USD Technical Analysis August 8, 2011
The GBP/USD pair rose on Friday, as the Non-Farm Payroll numbers came out with an addition of 117,000 jobs in July.
Author: FX Empire
USD/JPY Technical Analysis August 8, 2011
The USD/JPY pair fell on Friday as traders sold the Dollar off in the US session. The pair is decidedly bearish, but let us not forget that the Bank of Japan intervened recently.
EUR/USD Technical Analysis August 8, 2011
The EUR/USD pair rose on Friday as traders dumped the USD around the markets. The pair stopped short of the 1.4350 area. The pair has been very volatile, and as such hasn’t been one of our favorite...
AUD/USD Technical Analysis for August 5, 2011
The AUD/USD pair fell apart on Thursday as traders ran from anything risk-related. The 1.05 area is starting to give way, and if they do – 1.02 will be in the cards almost right away.
EUR/USD Technical Analysis for August 5, 2011
The EUR/USD pair fell on Thursday as the trading community ran for the hills. The ECB basically said nothing at its conference call on Thursday, and that spooked the markets.
GBP/USD Technical Analysis for August 5, 2011
GBP/USD fell precipitously on Thursday as traders found nothing but a wall of fear out there. The markets have turned decidedly bearish, and the Dollar is a bastion of safe haven trading. The jobs report us due...
USD/CAD Technical Analysis for August 5, 2011
The USD/CAD skyrocketed during Thursday trading as oil markets sold off. The CAD is highly sensitive to oil pricing, and as such we think that the pair could rise even more as we try to reach parity.
USD/CHF Technical Analysis for August 5, 2011
The USD/CHF rose, and then fell as the markets around the world were rocked on Thursday. The 0.76 level looks like it is holding the pair up at the moment, so if that area gives way –...
USD/JPY Technical Analysis for August 5, 2011
USD/JPY skyrocketed on Thursday, as the Bank of Japan intervened in the FX markets to stem the tide of Yen buying in the markets.
USD/CAD Technical Analysis August 2, 2011
The USD/CAD had a bullish day on Monday as the oil markets went back and forth. The pair looks like it is trying to bounce, and that would make sense as the market has fallen so hard...