AUD/USD Technical Analysis October 28, 2011

by FX Empire | October 28, 2011 8:07 am
The AUD/USD rose absolutely skyrocketed on Thursday as the EU presented a bailout package finally. The commodity trade was on in all markets as the US dollar got sold off. The pair has reached a gap that...

EUR/USD Technical Analysis October 28, 2011

by FX Empire | October 28, 2011 8:05 am
The EUR/USD pair shot up during the Thursday session as the EU finally came out with a bailout plan, and so far it looks like the markets like it. The move was quick and strong, and it...

GBP/USD Technical Analysis October 28, 2011

by FX Empire | October 28, 2011 8:05 am
The GBP/USD rose again on Thursday as it reacted to the good news of a EU bailout agreement. The pair has now broken above the 61.8% Fibonacci retracement, and now look set to move much higher.

USD/CAD Technical Analysis October 28, 2011

by FX Empire | October 28, 2011 8:04 am
The USD/CAD sliced right through the parity level on Thursday as the EU finally came out with a bailout plan. The commodities markets took off as the US dollar was sold off against everything.

USD/CHF Technical Analysis October 28, 2011

by FX Empire | October 28, 2011 8:03 am
The USD/CHF pair fell hard on Thursday as the USD was sold off against almost all other currencies around the world. This was in response to the EU finally releasing the bailout plan that has been long...

USD/JPY Technical Analysis October 28, 2011

by FX Empire | October 28, 2011 8:02 am
The USD/JPY had another down day on Thursday, but bounced yet again around the 75.50 area. The pair looks like it is trying to base at this area. The pair looks like it is trying as hard...

USD/CAD Technical Analysis October 27, 2011

by FX Empire | October 27, 2011 9:18 am
USD/CAD fell hard during the Wednesday session as the rumors flew out of Europe that some kind of deal has been reached. At the close of the US session however, there are just that – rumors.

AUD/USD Technical Analysis October 27, 2011

by FX Empire | October 27, 2011 9:17 am
AUD/USD fell and then rose on the session for Wednesday. The resulting candle was a hammer, and it looks like the Aussie will be supported after all. The 1.05 level above should be resistive again, so we...

USD/CHF Technical Analysis October 27, 2011

by FX Empire | October 27, 2011 9:15 am
The USD/CHF pair had a range bound session on Wednesday as traders waited for the all-important EU summit to end. The deal didn’t come, but there are rumors floating around, and rumors are exactly what the market...

GBP/USD Technical Analysis October 27, 2011

by FX Empire | October 27, 2011 9:14 am
The GBP/USD pair has fallen during the Wednesday session, but had a bounce in the later hours of the US session. The pair looks set to retest the 1.60 level again, and the hammer formed on the...