AUD/USD Analysis (September 15)
The outlook is now clearly bearish on the pair and we expect a test of the parity soon.
Category: Daily Forex Reports
USD/CAD Analysis (September 15)
The pair continues to struggle below the key parity level which remains a strong resistance to get through.
USD/CHF Analysis (September 15)
The pair continues to consolidate after its sharp rally from last week (1000 pips). There is of course room for an additional setback given the over-extended move.
USD/JPY Analysis (September 15)
The pair has confirmed a downside pressure with a break below monday’s low and is now poised for a new test of 76,00 historical low.
GBP/USD Analysis (September 15)
With a new fresh low near 1,57 (breaking below july low) the Cable looks very bearish and the decline will probably accelerate over the coming weeks.
EUR/USD Analysis (September 15)
The pair is consolidating since the beginning of the week after a new fresh low at 1,35 now being support.
US Data Set to Dominate Thursday’s Market
With another unusually intense news day ahead, traders are anxiously awaiting the large string of reports out of the US which should clear up the picture somewhat in regards to inflation, manufacturing, and industrial production.
USD/CHF Analysis
Greetings. Let’s take a look at the USD/CHF daily chart.
Forex-Metal Daily Analysis – 14/09/2011
European crises is spreading in Europe and the euro stays under pressure. Asian and European trading sessions: Euro: The Euro was trading near its maximums during the Asian session. Further strengthening of Euro currency was constrained by...
US Economic Optimism Rises in September
Data on American economic optimism yesterday signaled an uptick in outlook from the previous month, as reported by IBD/TIPP. The news has done little to the forex market, however, though it could ripple through longer-term analyses on...