USD/CAD analysis (July 25)
The USD/CAD has been under intense pressure in the beginning of last week testing and breaking below its multi-year low at 0,9450 to print a new fresh low at 0,9425.
Category: Daily Forex Reports
USD/CHF analysis (July 25)
After a break below its daily range the pair has been consolidating last week despite the strong pressure on the US Dollar.
USD/JPY analysis (July 25)
The pair is now following a clear downtrend and we might see additional pressure going forward.
GBP/USD analysis (July 25)
The GPB/USD has been well bid after a bounce on top of key 1,60 level. The market has validated a bullish structure which now potentially exposes 1,66 (weekly bollinger band).
EUR/USD analysis (July 25)
The EUR/USD has broken and closed above 1,4280 which validates a cup&handle pattern. But the pair is currently testing a strong descending trendline passing by 2 important lower tops in June and July.
22nd July, 2011 – Daily Forex Report by GFM Research
The USD depreciated for the second trading session against the Euro, the Cable and the Aussie Dollar whereas traded flat against the Japanese Yen and the Swiss Franc. It seems that the all the eyes are Euro...
Forex-Metal Daily Analysis -21/07/2011
European Summit expectations increase the demand for the high-risk assets.
Oil Prices Approaching $100 a Barrel Mark
Crude Oil prices rose yesterday, reaching as high as $99.60 per barrel in late trading. Growth differentials between the Atlantic states have risen into view this week while manufacturing output and service data revealed mild weakness in...
AUD/USD analysis (July 22)
The pair did finally manage to break above the upper limit of its daily range at 1,08. We now consider that the market will resume its long term uptrend which is confirmed by the rising weekly 20...
USD/CAD analysis (July 22)
As we expected, the multi-year low at 0,9450 has now been tested. The pair even printed a new fresh low at 0,9425.