USD/JPY Analysis (August 9)
The effect of the BoJ intervention was short-lived with the pair stalling out ahead of its key 80,00 level and now back under pressure.
Category: Daily Forex Reports
GBP/USD Analysis (August 9)
As long as 1,6220 is not broken, we will consider a possible bullish resumption after a 38% retracement of the recent rally started in July 12.
EUR/USD Analysis (August 9)
The pair is being well capped by its daily descending trendline after a new fail below 1,44 yesterday.
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AUD/USD Analysis (August 7)
We have been a bit surprised by the weakness of the antipodean (Aussie and Kiwi). The Aussie has been under intense pressure, loosing more than 600 pips in a single week.
USD/CAD Analysis (August 7)
The pair is in the process of building a nice double bottom formation on the weekly chart which will definitly confirmed with a break above 0,9920 (June high).
USD/CHF Analysis (August 7)
The pair continues to establish new record lows week after week and the recent develpments in the US will probably confirm the overall bearish trend.
USD/JPY Analysis (August 7)
As often, the effect of the BoJ intervention was short-lived with the pair stalling out ahead of its key 80,00 level.