USD/CAD Technical Analysis September 14, 2011
USD/CAD continues to meander in a 200 pip range as it falls on Tuesday. The pair looks like it is waiting for something big to happen, and we believe that is a bull move in the oil...
Author: FX Empire
AUD/USD Technical Analysis September 14, 2011
The AUD/USD pair had a whipsaw kind of day on Tuesday as traders simply didn’t know which direction to trade most of the world’s markets. The pair is a proxy for risk, so this isn’t a surprise.
USD/CHF Technical Analysis September 14, 2011
The USD/CHF pair continues to drift around the 0.88 handle as traders have abandoned shorting the Swiss Franc. The USD had a fairly poor day on Tuesday, and as a result, this pair didn’t move again. In...
GBP/USD Technical Analysis September 14, 2011
GBP/USD fell gain on Tuesday, and is testing the lows of the massive consolidation area between 1.5750 and 1.65 again. This is a bearish sign for the pair, and the fact that yesterday’s candle was broken through...
USD/JPY Technical Analysis September 14, 2011
USD/JPY fell on Tuesday, as traders sold the USD against most currencies. The main reason is that nothing bad came out of Europe for once.
EUR/USD Technical Analysis September 14, 2011
The EUR/USD got a pop on Tuesday as traders reacted to every piece of news or rumor coming out of the Euro Zone. The reports of a joint statement coming out of the French and German governments...
USD/CAD Technical Analysis September 12, 2011
USD/CAD rose on Friday as traders sold off the risk currencies around the world. The oil markets dipped as well, and this always spells trouble for the Loonie.
AUD/USD Technical Analysis September 12, 2011
The AUD/USD fell on Friday, as did all risk-related currencies. However, the AUD is a bit insulated as there is massive demand for gold at the moment, and Australia has plenty of it.
USD/CHF Technical Analysis September 12, 2011
The USD/CHF pair rose on Friday, and continues to hover above the 200-day moving average. Most traders recognize a breaking of the 200-day moving average as a trend change, and we certainly noticed the breaking of the...
GBP/USD Technical Analysis September 12, 2011
The GBP/USD pair fell hard on Friday after forming shooting star candles the previous two sessions. As we mentioned before, this is a bearish sign, and it finally triggered on Friday to produce sell signals.