USD/CAD Technical Analysis September 28, 2011
The USD/CAD pair fell hard on Tuesday as the 1.03 level proved to be too much. We suggested that a break of the Monday low would be a sell signal, and this proved to be true.
Author: FX Empire
USD/CHF Technical Analysis September 28, 2011
USD/CHF fell on Tuesday as traders sold the Dollar to buy riskier assets in general. However, the USD/CHF pair did see a bit of a rebound late in the day as the rallies worldwide fell off.
USD/JPY Technical Analysis September 28, 2011
USD/JPY continues to trade in a 100-pip range on Tuesday as traders are willing to consolidate instead of take on the Bank of Japan by selling this pair. The pair has been extremely reliable from a scalping...
USD/CAD Technical Analysis September 27, 2011
USD/CAD rose back above the 1.03 handle on Monday, only to fall back below it later in the session. The rebound that the oil markets saw certainly played a part in this, and the pair looks like...
AUD/USD Technical Analysis September 27, 2011
AUD/USD fell hard on Monday, but managed a large bounce in the US session to form a hammer at the 0.97 support level. The level looks like it is going to produce a bounce, and this would...
USD/CHF Technical Analysis September 27, 2011
USD/CHF rose a bit during the Monday session, only to be repelled for the second time in three sessions. The 0.9000 level sits just below, and it looks like it wants to hold this pair up at...
GBP/USD Technical Analysis September 27, 2011
GBP/USD had a strong day on Monday as traders bought risk around the globe. The cable popped back over the all-important 1.55 handle, and it looks like the area is going to be massively supportive at this...
USD/JPY Technical Analysis September 27, 2011
USD/JPY had a fairly quiet day again on Monday, with a slightly negative bias to it. The pair is still being held afloat in the 76 area, as traders simply haven’t been able to test the resolve...
EUR/USD Technical Analysis September 27, 2011
EUR/USD had a wild back and forth day on Monday as traders continue to weigh everything European. The end of the US session received an announcement that the Europeans are in the middle of formulating a large-scale...
USD/CAD Technical Analysis September 26, 2011
USD/CAD climbed again on Friday as traders sold oil markets off in large amounts. The oil trade is directly related to the USD/CAD trade, and such we expect the CAD to gain in value as oil rises,...