AUD/USD Analysis (October 24)
With a break above recent resistance at 1,0370 the pair is poised to continue its move to the upside with a next target at 1,07.
Category: Daily Forex Reports
USD/CAD Analysis (October 24)
After a sharp upside move towards 1,0650 the pair has been under intense pressure pulling back towards parity which is now being tested.
USD/CHF Analysis (October 24)
After a break below previous low at 0,8870 the pair has confirmed a corrective move with a next target at 0,87 (38% retracement).
USD/JPY Analysis (October 24)
The pair remains in a long term bearish trend but it is still complicated to trade with sharp upside down moves.
GBP/USD Analysis (October 24)
The break back above 1,5850 from friday has confirmed a bullish bounce with the market currently testing the key 1,60 resistance.
EUR/USD Analysis (October 24)
With a break above the high of October 17 (1,3914), the pair has confirmed a bullish bias over the short term.
EUR/USD Meets Technical Resistance at 1.3900
The EUR/USD rose last week following the completion of a long-term consolidation trend, reaching a 4-day high of 1.3900. This morning, however, the pair bounced off the resistance level and is now trading near 1.3865.
USD/CAD Technical Analysis October 24, 2011
USD/CAD fell on Friday and tested the parity support level in the process. The daily close is looking weak, but the level has held up. The market will be highly correlated to the oil markets
AUD/USD Technical Analysis October 24, 2011
AUD/USD rose during the Friday session as the world awaits the results of the EU meetings over the weekend. The Aussie is a barometer of global risk, and it fared quite well as a result of the...
USD/CHF Technical Analysis October 24, 2011
USD/CHF fell again on Friday as investors sold off the Dollar against everything in response to the anticipation of the EU bailout meetings over the weekend.