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Author: Irit Rutenberg

USD/CHF Technical Analysis August 4, 2011

By FXEmpire.com USD/CHF rose sharply after SNB rate cuts on Wednesday, but only to fall again. The candle shape shows how weak this pair really is, and that the Swiss National Bank has lost all control of its currency. At this...

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EUR/CHF Technical Analysis August 4, 2011

By FXEmpire.com The EUR/CHF pair rose after the Swiss National Bank cut rates in a surprise move on Wednesday, but fell shortly afterwards as the problems in Europe are simply too worrisome to keep traders away from the Franc at...

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AUD/USD Technical Analysis August 4, 2011

By FXEmpire.com The AUD/USD pair fell, and then bounced on Wednesday to form a hammer. This is a very bullish sign, and since it is basically at the 1.0750 area – it is at the right place as well. If we can break the highs...

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USD/CAD Technical Analysis August 4, 2011

By FXEmpire.com The USD/CAD pair had a wild day on Wednesday as traders went back and forth during the session. Because of this, the pair does look a bit supported at the moment, but it is in a massive downtrend – so you...

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NZD/USD Technical Analysis August 4, 2011

By FXEmpire.com The NZD/USD pair had a fairly quiet and even day on Wednesday as the markets rocked back and forth all around the world. The Kiwi has enjoyed a different dynamic lately as the Chinese are currently buying up...

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EUR/USD Technical Analysis August 3, 2011

The EUR/USD fell on Tuesday as traders are starting to de-risk their portfolios during this latest round of economic uncertainty. The European bond markets make owning European anything is a risky proposition. The pair does have...

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GBP/USD Technical Analysis August 3, 2011

The GBP/USD fell, and then bounced on Tuesday as traders wrestled with the ideas of the debt limit increase votes. The truth is that the pair normally acts as a risk barometer of sorts, and this action is a little bit odd....

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