GBP/USD Technical Analysis for July 19, 2011
The GBP/USD pair fell on Monday as traders shed risk and rushed for safe haven assets like the USD. The pair bounced off of the 1.60 level, but appears that it will attempt to finish near it...
Category: Daily Forex Reports
USD/CAD Technical Analysis for July 19, 2011
USD/CAD rose on Monday, but fell a bit during the late hours of the session. The pair is still in a bearish run, and looks set to go lower before it is all said and done. The...
USD/CHF Technical Analysis for July 19, 2011
The USD/CHF pair rose on Monday, after gapping lower at the open. The pair is most decidedly bearish, but this move may lead the way to a bounce of sorts in the market. Any serious trader knows...
USD/JPY Technical Analysis for July 19, 2011
The USD/JPY had a fairly quiet day on Monday as traders sold risk, but did not get involved in this pair. The prevailing consensus is that the central banks are obviously watching this pair intently, and as...
AUD/USD analysis (July 19)
We continue to see additional pressure on this pair going forward after a new fail on top of the daily range from last week.
USD/CAD analysis (July 19)
We are starting to see some form of material base on the pair with daily studies rolling over from oversold levels.
USD/CHF analysis (July 19)
The breakout of the daily range has opened the door to additional losses on the pair which continues to print record lows week and week.
USD/JPY analysis (July 19)
After a confirmed break below critical level at 80,00 from last week, the pair has been trading flat for a few days now.
GBP/USD analysis (July 19)
The Pound has been under pressure yesterday breaking below friday’s low and testing 1,60. A break below this support would expose 1,59 which is an appealing target.
EUR/USD analysis (July 19)
The market continues to consolidate above its critical level at 1,40. A break below this support will accelerate towards 1,39 and confirm a bearish bias.