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.
Category: Daily Forex Reports
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.
GBP/USD Analysis (August 7)
The pair has probably confirmed the end of a 38% retracement of its recent rally which opens the door to the weekly upper bollinger band (1,6650).
EUR/USD Analysis (August 7)
Despite the good US employment data, the pair managed to find some support well above the 1,40 key level.
USD/JPY Technical Analysis for the Week of August 8, 2011
The USD/JPY pair saw intervention by the Bank of Japan this past week, but quickly gave up a lot of the gains from that action.
EUR/USD Technical Analysis for the Week of August 8, 2011
The EUR/USD had a fairly wild week as traders sold off, and then bought the Euro as the situation in the EU plays out. The pair does however look a bit like a flag, and as such...
USD/CAD Technical Analysis August 8, 2011
The USD/CAD pair finished the day fairly flat after rising, falling, and generally chopping the market back and forth. The day in the oil markets was very wild as well, and this would certainly have an effect...
AUD/USD Technical Analysis August 8, 2011
The AUD/USD had a fairly flat day in the markets as the day ended up almost unchanged on Friday. The low on Friday ended up being a fresh lower low, and that tells us that more than...
USD/CHF Technical Analysis August 8, 2011
The USD/CHF pair had a wild day during the Friday session, but eventually ended up fairly unchanged in the end. The pair is a “sell only” pair as far as we are concerned, and as such are...
GBP/USD Technical Analysis August 8, 2011
The GBP/USD pair rose on Friday, as the Non-Farm Payroll numbers came out with an addition of 117,000 jobs in July.