GBP/USD analysis (July 21)
The momentum is still bullish on the Pound after the bounce we saw on top of 1,60 in the beginning of the week. A break above 1,62 would validate a bullish resumption with a next target at...
Category: Daily Forex Reports
EUR/USD analysis (July 21)
With the recent confirmed bounce on top of 1,40, the pair is in the process of building a nice cup&handle on the daily chart. 1,43 is the key level to watch.
Daily FX Market Outlook by AceTrader-21-7-2011
Market Review – 20/07/2011 22:03 GMT Euro edges higher ahead of eurozone summit The single currency rose on Wednesday on optimism that EU leaders will conclude a successful rescue deal to ease Greece’s debt level at the...
Forexpros.com Daily Analysis – 20/07/2011
ForexPros Daily Analysis July 20, 2011 Today: Free webinar on ForexPros – Sharpening Your Edge Series: Finding Your Entry Expert: Andrei Knight Start: Wed, Jul 20, 2011, 08:00 PSTEnd: Wed, Jul 20, 2011, 09:00 PST Learn how...
US Housing Stability Helps Wall Street Pare Losses
Recent losses on Wall Street were mostly offset yesterday as investors sought out riskier assets from positive data on the American housing market. Optimistic earnings reports from large companies like IBM have also helped turn several larger...
AUD/USD Technical Analysis for July 20, 2011
AUD/USD rose on Tuesday as the markets embraced risk overall. The sentiment is changing every 15 minutes it seems these days, and this pair is a perfect illustration of that fact. It appears that we need to...
EUR/USD Technical Analysis for July 20, 2011
EUR/USD had a very volatile day Tuesday, forming a massive doji as it was reported that the American government may be close to reaching a debt limit deal. The Euro itself has been mixed around the world...
GBP/USD Technical Analysis for July 20, 2011
The GBP/USD pair rose on Tuesday, but looked oddly weak in the later part of the session. In fact, at the time of this writing, it appears that the pair is only going to be slightly changed...
USD/CAD Technical Analysis for July 20, 2011
USD/CAD fell again on Tuesday, making a push towards the 0.9450 support area. The level is significant as it is the last bit of resistance between current levels and the all-time lows. A bounce here isn’t out...
USD/CHF Technical Analysis for July 20, 2011
The USD/CHF saw a massive relief rally on Tuesday as traders suddenly felt that all was right in the world. Of course, this will more than likely change in a few hours, as the markets are very...