USD/JPY Analysis
Greetings. Let’s take a look at the USD/JPY daily chart. We can a pretty strong downward trend line as we start testing the low from March 2011.
Category: Daily Forex Reports
USD/CAD Technical Analysis September 22, 2011
The USD/CAD pair rose above the parity level and even above our 1.0050 resistance level on Wednesday. The pair now looks like it wants to continue the march north, and as long as the global outlook remains...
AUD/USD Technical Analysis September 22, 2011
The AUD/USD pair fell hard on Wednesday as the Fed’s underwhelming assessment of the global economy spooked the markets. With the Aussie being so sensitive to market sentiment and global risk taking – it naturally fell. More...
USD/CHF Technical Analysis September 22, 2011
The USD/CHF pair rose on Wednesday as traders continue to buy the USD as a safe haven trade. With the Swiss National Bank actively jawboning and working against the Franc, this makes sense as the Dollar truly...
GBP/USD Technical Analysis September 22, 2011
GBP/USD fell hard once the Fed announced a weaker than expected outlook for the economy on Wednesday. The Bank of England is expected to move towards easing, and with the Fed not bothering to step into the...
USD/JPY Technical Analysis September 22, 2011
USD/JPY fell during the early part of the Wednesday session, but rebounded in the later hours as the Fed had an announcement that quite frankly – wasn’t all that optimistic.
EUR/USD Technical Analysis September 22, 2011
The EUR/USD pair rose before the Federal Reserve’s Wednesday announcement, filling the gap from the weekend. The pair then fell apart as the announcement wasn’t overly optimistic and disappointed as the Fed didn’t do much to boost...
Forex-Metal Daily Analysis – 21/09/2011
Investors are waiting for the results of the FOMC meeting.
USD/CAD Technical Analysis September 21, 2011
The USD/CAD pair fell for a while on Tuesday, but then rose as traders sold off commodities and stocks in the late hours of the session. The Canadian dollar suffered as a result as it is considered...
AUD/USD Technical Analysis September 21, 2011
AUD/USD rose during the Tuesday session, but gave up a lot of its gains in the afternoon of the US session. The reports that the IMF, EU, and ECB (the “Troika”) are waiting until October to come...