USD/JPY Analysis (August 11)
The pair is now back under pressure threatening its yearly low at 76,40. A break below this level would expose further significant decline.
Category: Daily Forex Reports
GBP/USD Analysis (August 11)
The pair finally broke below 1,62 yesterday to reach 1,6110 near the daily 200 moving average. Considering this breakout, the pressure is now on the downside.
EUR/USD Analysis (August 11)
The pair continues to move without a clear directional bias for a few weeks now and it is difficult to build any strategy for the time being.
Daily FX Market Outlook by AceTrader-11-8-2011
Market Review – 10/08/2011 21:21 GMT Euro tumbles on concerns over French credit rating and bank woes The single currency tanked against most of its counterparts on Wednesday as investors were worried about a possible downgrade of...
Forex-Metal Daily Analysis – 10/08/2011
Demand for save-heaven currencies remains high.
Forexpros.com Daily Analysis – 10/08/2011
ForexPros Daily Analysis August 10, 2011 Euro In Wedge, Pound Broke Range, Yen Near Lows Euro: On the daily, the euro broke its short setups. The euro has now broken its short and it long setups on...
USD/CAD Technical Analysis August 10, 2011
The USD/CAD pair slammed into the parity level on Tuesday as traders sold off everything risk related. However, as the Asian markets stabilized we saw the risk trade put back on and as such, the Loonie was...
AUD/USD Technical Analysis August 10, 2011
The AUD/USD pair had a wild day on Tuesday as traders first sold off the Aussie, and then returned to buy it up later in the session. The pair even went slightly below parity for a while...
USD/CHF Technical Analysis August 10, 2011
The USD/CHF pair fell hard on Tuesday, as the global markets have been out of control. The pair even went so low as to test 0.7050, and the trend is certainly intact after Tuesday’s action.
GBP/USD Technical Analysis August 10, 2011
The GBP/USD pair had an absolutely wild day on Tuesday as trader pushed and pulled the pair, only to end the day unchanged. The recent price action suggests that the cable is happiest between 1.65 and 1.62,...