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.
Category: Daily Forex Reports
GBP/USD Analysis (August 30)
The pressure remains on the upside since the pair bounced on an ascending channel near the 1,62 level.
EUR/USD Analysis (August 30)
Considering a return of the risk appetite on the market, we continue to watch a possible development to the upside on the Euro after a confirmation of the break above 1,45.
Dollar Losses Limited, Markets Expecting Heightened Volatility
Liquidity will likely be higher in today’s early trading as several events are being published in rapid succession from Britain, Canada and the US. American liquidity will be heightened, and Canada will contribute to today’s movements with...
Recent Recommended Trades by AceTrader
Update Time: 29 Aug 2011 17:20GMT DAILY EUR/JPY CROSS OUTLOOK – +111.55+ Euro’s intra-day breach of last wk’s 111.64 topsignals the rise fm this month’s low at 108.01 toretrace MT decline has resumed n further gain to112.00/10...
Daily FX Market Outlook by AceTrader-30-8-2011
Market Review – 29/08/2011 21:58 GMT Dollar rises versus yen and franc on risk appetite The greenback strengthened against the Japanese yen and the Swiss franc Monday due to rally of U.S. and European stock markets as...
Jackson Hole Speech Delivers Sober Assessment
Bernanke’s sober assessment of the US economic condition at the Jackson Hole Symposium in Wyoming initially drove many investors into the value of the dollar as a vote of confidence that further measures could be taken, but...
USD/CAD Technical Analysis August 29, 2011
The USD/CAD pair fell on Friday as traders reacted to the news that the Fed wasn’t necessarily going forward with anymore easing as the economy in the US didn’t need it. It also stated that the tools...
AUD/USD Technical Analysis August 29, 2011
The AUD/USD pair rose on Friday as traders bought risk-related assets after the Bernanke speech at Jackson Hole. The lack of need for more QE in the US gave a lot of traders hope for more economic...
USD/CHF Technical Analysis August 29, 2011
The USD/CHF pair finally managed to break above the 0.80 level on Friday, and is closing about 70 pips above that line. This area has been very resistive over the last several sessions, and represents a serious...