USD/CAD Analysis (August 20)
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 which resulted in a 500 pips rally and a test of parity. We consider that a major bottom is now in place.
Category: Daily Forex Reports
USD/CHF Analysis (August 20)
The pair has been consolidating all week after the sharp bounce we saw since August 10 and following the statement from SNB vice president about a possible future peg of the swiss franc on the Euro which...
USD/JPY Analysis (August 20)
It is always the same story with the USD/JPY which has been trading flat after the market has digested the last BoJ intervention (from August 04).
GBP/USD Analysis (August 20)
The pair has been rallying significantly the most part of the week, testing the 1,66 after a break above previous high at 1,6480.
EUR/USD Analysis (August 20)
The pair continues to trade sideways and we still wait for a major validated breakout to get a better picture of the possible future developments.
Forex-Metal Daily Analysis – 19/08/2011
Greenback wins back its previous losses.
Forexpros.com Daily Analysis – 19/08/2011
ForexPros Daily Analysis August 19, 2011 Euro, Pound Bouncing off Next Long, Yen Still Hugging Lows Euro: On the daily, the euro spent the last couple of days in short setups into the next half way back...
Safe-Haven Appeal Rising as Traders Flee Risk
A short series of data released yesterday painted a weaker picture for the global economy’s growth. Weekly unemployment claims in the US saw a worse than forecast rise, hitting 408,000 for the past week.
AUD/USD Technical Analysis August 19, 2011
The AUD/USD pair fell hard on Thursday as traders got bad news out of the US, and the European debt fears continue to take center stage.
EUR/USD Technical Analysis August 19, 2011
Thursday saw a selloff in the EUR/USD again. The 1.45 area seems to be an area that sellers are willing to step in and get involved, and this past time has been no different.