Forexpros.com Daily Analysis – 13/07/2011

by forexpros.com | July 13, 2011 12:40 pm
ForexPros Daily Analysis July 13, 2011 The reversal in the CHF is working perfectly The reversal in the Swiss, which I analyzed here, last week, is working perfectly. In spite of the strengthening of the USD against...

Recent Recommended Trades by AceTrader

by AceTraderfx.com | July 13, 2011 8:37 am
Update Time: 12 Jul 2011 18:16GMT DAILY EUR/USD OUTLOOK – +1.4050+ Despite early selloff to a fresh 4-month low of1.3838, subsequent rally on active short-coveringsignals recent decline has formed a temp. low theren consolidation with upside bias...

USD/CHF Technical Analysis July 13, 2011

by ForexMansion.com | July 13, 2011 8:06 am
The USD/CHF pair fell on Tuesday, but remains stuck in the recent consolidation range between 0.85 and 0.83. The pair looks weak, and has been in a downtrend for years, but a sell at this level could...

USD/JPY Technical Analysis July 13, 2011

by ForexMansion.com | July 13, 2011 8:05 am
The USD/JPY pair fell on Tuesday as traders bought the Yen across the board. With the jitters coming out of Europe, there is a real possibility that we could see a serious down move at any moment....

EUR/USD Technical Analysis July 13, 2011

by ForexMansion.com | July 13, 2011 8:02 am
EUR/USD fell on Tuesday, breaking below the 1.40 and even going as low as 1.3825 or so. However, there was a wicked bounce, and the result is a hammer. The level 200 day moving average is also...

GBP/USD Technical Analysis July 13, 2011

by ForexMansion.com | July 13, 2011 8:01 am
GBP/USD fell hard on Tuesday, but bounced to form a hammer just above the all-important 1.59 level. The candle shows how hard it is going to be to break the level, and days like this is why...

USD/CAD Technical Analysis July 13, 2011

by ForexMansion.com | July 13, 2011 8:00 am
The USD/CAD pair spiked during the Asian and European session on Tuesday, but fell just as quickly once the Americans came into the market. The candle at the end of the day is looking like a shooting...

AUD/USD Technical Analysis July 13, 2011

by ForexMansion.com | July 13, 2011 7:59 am
The AUD/USD pair fell, but found support in the late hours of trading as traders bought it at a discount in the US. The pair looks like it will try to find footing at the 1.06 level,...