USD/CHF Anlaysis
Greetings. Let’s take a look at the USD/CHF. The bottom we saw earlier this week may hold for a retracement to the upside. It may come up to test the trend line on the charts.
Category: Daily Forex Reports
AUD/USD Analysis (August 11)
After a very impressive decline which lead the pair below parity, the pair is consolidating above its parity level.
USD/CAD Analysis (August 11)
The pair remains well bid after a confirmation of the bullish resumption which resulted in a possible long term reversal (double bottom formation).
USD/CHF Analysis (August 11)
It is always the same with the USD/CHF which remains under pressure given the strong bearish trend.
USD/JPY Analysis (August 11)
The pair is now back under pressure threatening its yearly low at 76,40. A break below this level would expose further significant decline.
GBP/USD Analysis (August 11)
The pair finally broke below 1,62 yesterday to reach 1,6110 near the daily 200 moving average. Considering this breakout, the pressure is now on the downside.
EUR/USD Analysis (August 11)
The pair continues to move without a clear directional bias for a few weeks now and it is difficult to build any strategy for the time being.
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