USD/JPY analysis (July 25)
The pair is now following a clear downtrend and we might see additional pressure going forward.
Category: Daily Forex Reports
GBP/USD analysis (July 25)
The GPB/USD has been well bid after a bounce on top of key 1,60 level. The market has validated a bullish structure which now potentially exposes 1,66 (weekly bollinger band).
EUR/USD analysis (July 25)
The EUR/USD has broken and closed above 1,4280 which validates a cup&handle pattern. But the pair is currently testing a strong descending trendline passing by 2 important lower tops in June and July.
22nd July, 2011 – Daily Forex Report by GFM Research
The USD depreciated for the second trading session against the Euro, the Cable and the Aussie Dollar whereas traded flat against the Japanese Yen and the Swiss Franc. It seems that the all the eyes are Euro...
Forex-Metal Daily Analysis -21/07/2011
European Summit expectations increase the demand for the high-risk assets.
Oil Prices Approaching $100 a Barrel Mark
Crude Oil prices rose yesterday, reaching as high as $99.60 per barrel in late trading. Growth differentials between the Atlantic states have risen into view this week while manufacturing output and service data revealed mild weakness in...
AUD/USD analysis (July 22)
The pair did finally manage to break above the upper limit of its daily range at 1,08. We now consider that the market will resume its long term uptrend which is confirmed by the rising weekly 20...
USD/CAD analysis (July 22)
As we expected, the multi-year low at 0,9450 has now been tested. The pair even printed a new fresh low at 0,9425.
USD/CHF analysis (July 22)
With the US Dollar now under intense pressure, it doesn’t help the USD/CHF to start building a meaningful bounce.
USD/JPY analysis (July 22)
With a break below last week low, the pair has confirmed a bearish outlook and we now expect additional decline going forward.