USD/CAD Technical Analysis September 1, 2011
The USD/CAD pair fell on Wednesday, but managed to bounce in the later hours. Because of this, we formed a hammer on the daily chart, just below the 0.9800 handle. The trend is down, and oil looks...
Category: Daily Forex Reports
AUD/USD Technical Analysis September 1, 2011
The AUD/USD pair had a neutral day on Wednesday as traders fought back and forth on whether the pair should rise or fall. The pair looks like it is trying to decide if it can break into...
USD/CHF Technical Analysis September 1, 2011
USD/CHF fell hard on Wednesday, after bumping up against a weekly trend line for a few days. The pair fell straight to 0.8000, and area that was once massive resistance. The bounce from there is good for...
GBP/USD Technical Analysis September 1, 2011
The GBP/USD pair fell hard on Wednesday as traders sold the Pound. The pair is approaching the 1.62 level, and will face support in this area. The market must close below the 1.62 level in order to...
USD/JPY Technical Analysis September 1, 2011
The USD/JPY pair fell on Wednesday, yet managed a nice bounce in the latter hours of the session. The candle for the day printed as a hammer, and just above the 76 level. The market is supported...
EUR/USD Technical Analysis September 1, 2011
EUR/USD fell again on Wednesday as fears over European debt issues reared their head again. The market is fragile at this point, but to be honest – the choppiness has taken a lot of the clear cut...
NZD/JPY Analysis
Greetings. Let’s pull up the NZD/JPY chart. The longer term trend appears to be bearish but you can see we’re currently in a bullish short term trend. Look for a potential move up to the 66.50 –...
Recent Recommended Trades by AceTrader
Update Time: 31 Aug 2011 18:39GMT DAILY EUR/USD OUTLOOK – +1.4360+ As euro has fallen again after a brief reboundto 1.4470, suggesting recovery fm y’day’s low at 1.4385 has possibly ended n below said sup wud sig-nal...
Daily FX Market Outlook by AceTrader-1-9-2011
Market Review – 31/08/2011 22:00 GMT Franc gains broadly as government accepts strength The Swiss franc rose against all its major counterparts on Wednesday as the Swiss National Bank has not recently signalled further intervention. Although the...
Forex-Metal Daily Analysis – 31/08/2011
The US dollar is gaining strength again.