USD/CHF Analysis
Greetings. Let’s pull up the USD/CHF chart. We saw a dramatic move downward but we may have seen a potential low to act as a turning point.
Category: Daily Forex Reports
Forex-Metal Daily Analysis – 30/08/2011
An increase in the risk appetites supported high-yielding currencies.
Support, Resistance and Range Forecast by AceTrader
INTRA-DAY USD/JPY: Last Update At 30 Aug 2011 07:00 GMT Range Forecast76.70 / 77.00 Resistance/SupportR: 77.07 / 77.27 / 77.47S: 76.50 / 76.25 / 75.95
AUD/USD Analysis (August 30)
With a break above 1,06 last friday, the pair has shown renewed strengh and confirmed a possible bullish resumption.
USD/CAD Analysis (August 30)
The pair has been under pressure lately which confirms a period of consolidation after a sharp rally towards parity.
USD/CHF Analysis (August 30)
Last friday, we did see the pair confirming its bullish bias with a sharp acceleration above the 0,80 resistance.
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.
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...