USD/CHF Technical Analysis August 12, 2011
The USD/CHF pair rose on Thursday as a SNB member mentioned the possibility of a peg to the Euro. The truth is this rise if probably going to be short-lived, and traders should be on the lookout...
Author: FX Empire
USD/JPY Technical Analysis August 12, 2011
USD/JPY had a back and forth day on Thursday as traders tested the lows again, but backed off as fear of intervention certainly must come into play every time we get close to the lows. The 77...
Low Interest Rates through 2013 Helps USD Stabilize
The plummeting value of the USD was offset yesterday after the Fed announced Tuesday that it would hold interest rates near zero for the next two years. So far, this adjustment by the Fed has been enough...
USD/CAD Technical Analysis August 10, 2011
The USD/CAD pair slammed into the parity level on Tuesday as traders sold off everything risk related. However, as the Asian markets stabilized we saw the risk trade put back on and as such, the Loonie was...
AUD/USD Technical Analysis August 10, 2011
The AUD/USD pair had a wild day on Tuesday as traders first sold off the Aussie, and then returned to buy it up later in the session. The pair even went slightly below parity for a while...
USD/CHF Technical Analysis August 10, 2011
The USD/CHF pair fell hard on Tuesday, as the global markets have been out of control. The pair even went so low as to test 0.7050, and the trend is certainly intact after Tuesday’s action.
GBP/USD Technical Analysis August 10, 2011
The GBP/USD pair had an absolutely wild day on Tuesday as trader pushed and pulled the pair, only to end the day unchanged. The recent price action suggests that the cable is happiest between 1.65 and 1.62,...
USD/JPY Technical Analysis August 10, 2011
The USD/JPY pair managed to pierce the 77 level during Asian trading, but fears of an intervention took over the psyche of the markets as traders would not push the BoJ any harder.
EUR/USD Technical Analysis August 10, 2011
EUR/USD rose as the Fed announced that it was keeping rates on hold until the middle of 2013. This sets up the USD for more weakness over time, but in the interim, the markets will continue to...
USD/CHF Technical Analysis August 9, 2011
The USD/CHF pair fell on Monday, but managed to bounce a bit towards the end of the session as the Dollar got a little bit of a bid at the 0.75 level. The pair is in a...