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Author: Irit Rutenberg

USD/JPY Technical Analysis August 9, 2011

By FXEmpire.com USD/JPY fell again on Monday, as traders sold off everything risk related. In fact, the Dow fell over 600 points, and as such – the “risk off” trade came into play. The Bank of Japan has made it...

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USD/CAD Technical Analysis August 9, 2011

By FXEmpire.com USD/CAD rose yet again on Monday as the oil markets continue to fall. The oil markets control the fate of the CAD, and as the Light Sweet Crude market is sitting right at $80 – we can monitor that to decide...

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EUR/CHF Technical Analysis August 9, 2011

By FXEmpire.com The EUR/CHF pair fell on Monday as traders ran from anything related to risk in the marketplace. The pair is inversely correlated to the price of gold, which rose $70 during the session, so there is no surprise...

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USD/CHF Technical Analysis August 9, 2011

By FXEmpire.com 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 bearish trend, and the truth is that we will...

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EUR/USD Technical Analysis August 8, 2011

By FXEmpire.com The EUR/USD pair rose on Friday as traders dumped the USD around the markets. The pair stopped short of the 1.4350 area. The pair has been very volatile, and as such hasn’t been one of our favorite pairs to...

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USD/JPY Technical Analysis August 8, 2011

By FXEmpire.com The USD/JPY pair fell on Friday as traders sold the Dollar off in the US session. The pair is decidedly bearish, but let us not forget that the Bank of Japan intervened recently. The pair is dangerous to short,...

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GBP/USD Technical Analysis August 8, 2011

By FXEmpire.com The GBP/USD pair rose on Friday, as the Non-Farm Payroll numbers came out with an addition of 117,000 jobs in July. The market seems to be stuck in a range between 1.62 and 1.65, and as such, we feel that the...

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