USD/CHF Technical Analysis for July 15, 2011
The USD/CHF pair rose slightly on Wednesday, but the move was much smaller than the fall on Wednesday. The pair is most certainly in a downtrend for ages, and there is no reason to think it will...
Category: Daily Forex Reports
USD/JPY Technical Analysis for July 15, 2011
The USD/JPY pair rose on Thursday as traders heard remarks out of the Bank of Japan suggesting that the current exchange rate does not reflect fundamentals. The BoJ has a long history of intervention, and as such...
STOR suggesting a beginning of short/mid-term bullish swing for USD
07/15/2011 07:52 UTC USD swings higher as it strengthens against the EUR, CHF, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 3 out of 8, thus suggesting that the current swing may be...
AUD/USD analysis (July 15, 2011)
The pair is now back under pressure after a new fail at the top of its range (1,08). Considering the latest price actions, we will consider a new test of 1,05 with a possible extension towards 1,0450...
USD/CAD analysis (July 15, 2011)
The pair remains under pressure after a new fail to establish above 0,97. The recent bullish bounce turned to be a simple pullback on the daily 20 moving average now resistance.
USD/CHF analysis (July 15, 2011)
With the US Dollar finding some support, the pair has been consolidating as of late on top of the fresh record low at 0,8080. A break back above 0,82 today would allow a pullback towards former support...
USD/JPY analysis (July 15, 2011)
The pair remains bearish after the breakout of the 80,00 critical support. However, the market has found some great support on top of 78,50 tested twice oover the last 2 days. A break above 79,60 would validate...
GBP/USD analysis (July 15, 2011)
The Cable remains well bid after a slight pullback on the 1,61 level. A break above 1,62 (wednesday high) would accelerate the move towards 1,6250 which might offer a great resistance (daily bollinger band and weekly 20...
EUR/USD analysis (July 15, 2011)
The pair did stall out yesterday ahead of 1,43 which offers a great resistance. This level is at a confluence of several moving averages (20, 50 and 100). Besides, the pair has also validated a pullback towards...
STOR suggesting a beginning of short/mid-term bearish swing for AUD
07/15/2011 06:03 UTC AUD swings lower as it weakens against the USD, NZD, CAD, EUR and GBP. Recent mid-term strength indicator reading for AUD is 4 out of 8, thus suggesting that the current swing may be...