USD/CAD Analysis (August 23)
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 and a test of parity. We consider that a major bottom is in place.
Category: Daily Forex Reports
USD/CHF Analysis (August 23)
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.
USD/JPY Analysis (August 23)
The pair continues to consolidate but seems to carve out a material base on top of its historical low (76,00).
GBP/USD Analysis (August 23)
We continue to hold a slight bullish bias on the pair but the outlook is not very clear considering the overall lack of volatility.
EUR/USD Analysis (August 23)
Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a major catalyst to make their decisions.
Support, Resistance and Range Forecast by AceTrader
INTRA-DAY USD/JPY: Last Update At 23 Aug 2011 02:15 GMT Range Forecast76.65 / 76.90 Resistance/SupportR: 76.93 / 77.22 / 77.30S: 76.57 / 76.25 / 75.95
NZD/USD Analysis
Greetings. Let’s pull up the NZD/USD chart. As we can see, we had a nice move down through August followed by some upward movement. We broke down from the bottom trend line and now it appears we...
Daily FX Market Outlook by AceTrader-23-8-2011
Market Review – 22/08/2011 22:00 GMT Euro retreats on risk aversion The single currency pared its early gain Monday on risk aversion due to the retreat of U.S. equities. Investors are focusing on the August 26 conference...
22nd August, 2011 – Daily Forex Report by GFM Research
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
German and French Flash Data on Tap Today
Today’s publications are set to be euro-heavy. Liquidity will likely be higher in today’s early trading as several European events are being published in rapid succession. Most significant will be the publication of France and Germany’s flash...