Forex Technical Update 8/31/2010 – Swiss Franc Hits Record High Against Euro

September 3, 2010
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Forex Technical Update 8/31/2010 The EUR/USD had a sharp correction rally in the European session but did not invalidate the bearish swing outlook just yet. You can also see the Euro pare losses against the Yen, but the Japanese currency remains firm. The USD/JPY continues to decline. The Swiss franc dominated the European session as the EUR/CHF is at an all-time low, and USD/CHF is at a 7-month low. The CHF also is also threatening to outperform the Japanese Yen as a safe haven currency. Fan Yang CTA Technical Analyst www.fxtimes.com
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Forex Technical Update 9/3/2010 – Japanese Yen Strengthens after Non-Farm Payroll

September 3, 2010
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Forex Technical Update 9/3/2010 Fan Yang CTA Technical Analyst, FXTimes The Non Farm Payroll is traditionally watched for clues to the direction of the USD. However, although the USD gained some volatility after the economic releases this morning, it was the Japanese Yen that saw strong moves. The long tails of 4H candles in Japanese Yen crosses reflect this volatility. Let's take a look at the USD/JPY, GBP/JPY, EUR/JPY, AUD/JPY, CAD/JPY, and CHF/JPY. There might be a strong week ahead for the Japanese yen.
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Daily Video Recap (8/30): BOJ and Risk Aversion Send “Risk-On” Trades South

September 2, 2010
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The BOJ in its emergency meeting announced an expansion of its loan program – a bit of monetary easing. However, the moves were less than expected by the market and traders bought the Yen after having sold it off late last week and to start Sunday's trading. Currencies sensitive to risk sentiment and global growth faltered, with the US Dollar and Swiss Franc gaining. US stocks slid increasing risk aversion in the NY session. News Provided by CMS Forex www.cmsfx.com Market Analyst Nick Nasad
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Forex Bullet Proof Video review

September 2, 2010
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www.forexsystemresources.com – Forex Bullet Proof Review video learn why so many forex traders are so excited about the release of Forex Bullet Proof from the creators of FAPTurbo.
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