The USD/CAD is back under pressure after the break of its rising trendline (see chart below). We expect a continuation of the move to the downside with next target at 0,95 corresponding to the daily lower bollinger...
We think the USD/CHF setup is now very constructive with the formation of a potential matrial base on top of the historical low at 0,8275. A break above 0,8550 is still required though to really validate a...
The setup is being contructive on the USD/JPY with a possible material base on top of the 80,00 support. We still need though to see the market establish above 81,00 for an acceleration to the upside.
The Cable bounce on top of 1,59 has been well capped by 1,61 and a descending trendline (see chart below). The overall outlook remains bearish but the daily studies are pointing to further gains on the pair...
The Euro remains well bid after its break above previous high at 1,4440. We now see a potential towards June high near 1,47.
Take a look at our market review on the majors : full report here Provided by atf-forex-trading.com
Take a look at our market review on the majors : full report here Provided by atf-forex-trading.com
Take a look at our market review on the majors after the first day of the week : full report here
Please find hereafter our daily update on the majors as of June 24th 2011 (22:30 GMT). (Click on the dedicated link to access our forum post with the chart).
Please find hereafter our daily update on the majors as of June 23rd 2011 (22:40 GMT). (Click on the dedicated link to access our forum post with the chart).
