GBP/USD Analysis (August 31)
Considering the last day closing, we expect a test of the ascending trendline at 1,6250. A break below the daily channel would negate the bullish outlook.
Category: Daily Forex Reports
EUR/USD Analysis (August 31)
Yerterday’s price action didn’t really confirm a bullish bias on the pair which was a bit under pressure, testing the 1,44 support.
USD/CHF Analysis
Greetings. Let’s pull up the USD/CHF chart. We saw a dramatic move downward but we may have seen a potential low to act as a turning point.
Forex-Metal Daily Analysis – 30/08/2011
An increase in the risk appetites supported high-yielding currencies.
Support, Resistance and Range Forecast by AceTrader
INTRA-DAY USD/JPY: Last Update At 30 Aug 2011 07:00 GMT Range Forecast76.70 / 77.00 Resistance/SupportR: 77.07 / 77.27 / 77.47S: 76.50 / 76.25 / 75.95
AUD/USD Analysis (August 30)
With a break above 1,06 last friday, the pair has shown renewed strengh and confirmed a possible bullish resumption.
USD/CAD Analysis (August 30)
The pair has been under pressure lately which confirms a period of consolidation after a sharp rally towards parity.
USD/CHF Analysis (August 30)
Last friday, we did see the pair confirming its bullish bias with a sharp acceleration above the 0,80 resistance.
USD/JPY Analysis (August 30)
We have seen the pair confirming a possible material base on top of its historical low (76,00) but the structure remains relatively weak.
GBP/USD Analysis (August 30)
The pressure remains on the upside since the pair bounced on an ascending channel near the 1,62 level.