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| USD/JPY Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:31 AM PDT By ForexMansion.com
The USD/JPY rose Friday as the dollar caught a bid against almost everything. The USD/JPY sits at the 80 handle, an important one since it is where the central banks decided it needed to be above when they intervened. Because of this, the area should be supportive. If it isn't we aren't sellers – let others argue with the central banks of Japan, USA, Canada, Europe, UK, and a few others. The pair is a buy only one and we are simply looking for a slight break … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| USD/CHF Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:30 AM PDT By ForexMansion.com
The USD/CHF rose Friday but remains under the all-important 0.85 level, and therefore is hardly a buy. The pair is very bearish, and continues to be even with the recent hiccup. The pair is still a "sell on the rallies" type pair, and we are currently looking for a selling opportunity near the 0.85 level. Originally posted here
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| USD/CAD Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:29 AM PDT By ForexMansion.com
The USD/CAD rose Friday as the oil markets sold off due to the promise of more Saudi oil. The pair is still in a tight range, and still struggles to break out in either direction. The trend is down, so we would be more comfortable in that direction, but if we manage to break 0.9850 – we have to adjust our thinking for at least the short term. Until we break above 0.9850, or below 0.97 – we are simply waiting. Originally posted here
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| NZD/USD Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:28 AM PDT By ForexMansion.com
The NZD/USD fell Friday but still remains bullish in general as the market looks to take a pause form the massive upward momentum it has seen recently. Because of this, we could be looking at a potential "buy on the dip" situation. The pair certainly isn't one to short, so we are willing to take a chance on the dip and look for longs. 0.81 is massive support. Originally posted here
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| GBP/USD Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:27 AM PDT By ForexMansion.com
The GBP/USD fell Friday, and hard. It is still in an uptrend, but this most recent move has to get people to start questioning that fact. If we break below 1.60 – the floor is going to fall out from under the feet of cable. However, we prefer to place trades in the vicinity of either support or resistance – something we don't see in the immediate area. Originally posted here
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| GBP/JPY Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:26 AM PDT By ForexMansion.com
The GBP/JPY fell Friday and pierced the 130 level. The pair looks extremely soft, but the central banks are below, and nobody can see when they are going to get involved in this pair. Because of this, we simply are avoiding any sell signals, and we aren't getting buy signals. We are sitting on our hands with this pair. Originally posted here
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| GBP/CHF Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:25 AM PDT By ForexMansion.com
The GBP/CHF fell Friday and right to the lows. The pair looks extremely vulnerable, and is sensitive to global risk – something that is waning at the moment. Because of this, we feel it falls even lower. However, we are looking to sell a rally or perhaps a new low before we get involved in the market. Originally posted here
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| EUR/USD Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:24 AM PDT By ForexMansion.com
The EUR/USD fell hard on Friday as the markets unwound around the globe. The all-important 1.45 level was broken, and we fell all the way down to the next support are, the 1.4350 or so. If this continues, the trend is about to change to the downside. If we can fall about another 50 pips – 1.40 is the next target. Originally posted here
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| EUR/JPY Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:23 AM PDT By ForexMansion.com
The EUR/JPY fell Friday and fell hard. The Euro got sold against everything, and as a result, this was the hardest hit Yen-related pair. Because of that, we don't like buying this pair at the moment, no matter what the chart does. The Euro is simply in a lot of trouble at the moment, and the central banks are below, so we never know what kind of action we are about to see, especially if we go lower. The 115 is still holding, so perhaps that is where the bulls … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| EUR/GBP Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:23 AM PDT By ForexMansion.com
The EUR/GBP fell on Friday as the markets sold off the Euro across the board. The pair stopped right above the all-important 0.88 level, so a move lower isn't necessarily assured at this point. In fact, we have a fairly neutral opinion of this pair as the recent up move was so violent, we don't really feel comfortable going against it. The 0.88 has been import5ant in the past, and we would expect it to be again. For now, we are watching. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| EUR/CHF Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:22 AM PDT By ForexMansion.com
The EUR/CHF fell hard on Friday as the markets shunned the Euro in general. The EUR/CHF pair is especially sensitive to economic uncertainty, and this showed during the session. It is currently testing all-time lows again, and looks set to make new lows soon. The trend is down, and we are knocking on the door to go lower. Originally posted here
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| AUD/USD Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:21 AM PDT By ForexMansion.com
The AUD/USD fell Friday and broke through the bottom of Thursday's hammer, a very bearish indication. However, the 1.05 area is sitting just below, and can be thought of as the bottom of a thick support zone between the 1.05 and 1.06 areas. Because of this, we still believe in the Aussie until that area gets broken. We are looking for supportive action in the 1.05 area to buy this pair again. If we get a break below – 1.02 is our next area of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards 
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| AUD/NZD Technical Analysis For June 13, 2011 Posted: 10 Jun 2011 10:20 AM PDT By ForexMansion.com
The AUD/NZD fell Friday but still remains above the minor support area of 1.28. The area could produce a bounce, but the pair has turned decidedly bearish over the last several days. We are looking to sell rallies as long as we stay under the 1.30 mark. A break of new lows will get us selling too. Originally posted here
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| USD/JPY Technical Analysis For The Week Of June 13, 2011 Posted: 10 Jun 2011 10:11 AM PDT By ForexMansion.com
The USD/JPY had a choppy week, but has formed a bullish hammer at the 80 line. This is a good opportunity for buying if you are a long-term investor. The area below is full of central banks willing to jump in, and the 80 seems to be the place they are watching. Because of this, we would like to see a break higher, and then would buy this pair for a 400 pip or so run. Originally posted here
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| USD/CHF Technical Analysis For The Week Of June 13, 2011 Posted: 10 Jun 2011 10:10 AM PDT By ForexMansion.com
The USD/CHF had a bullish week as traders sold off the Franc. The pair is still decidedly bearish, and continues to be a sell only pair. The 0.85 gives us our next major area to look for shorts. If we manage to rise above that, we are looking at the 0.90 area as well to sell this pair again as the economic numbers out of the US aren't particularly strong. Originally posted here
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