AUD/USD analysis (July 05 2011)
Despite the recent strong move upward, the AUD/USD is still evolving in a trading range and it is now carving out some kind of top ahead of 1,08 which need to be confirmed though.
Category: Daily Forex Reports
USD/CAD analysis (July 05 2011)
The pair is back under pressure after its break below its rising trendline. Next target is given at 0,95 (weekly bollinger band) with an extension towards multi-year low at 0,9450.
USD/CHF analysis (July 05 2011)
The pair remains well bid after its sharp bounce on top of its historical low at 0,8270. Next key resistance is given at 0,8550.
USD/JPY analysis (July 05 2011)
The pair is still consolidating above the key 80,00 level. A material base seems to be in place and a break above 81,30 would expose next resistance at 82,00.
GBP/USD analysis (July 05 2011)
The pair might be ready to resume its move to the downside after a shy attempt above 1,61 resistance.
EUR/USD analysis (July 05 2011)
After a 5-days rally, the EUR/USD seems to have found some resistance ahead of 1,4570 validating a descending trendline started in the beginning of May.
Daily FX Market Outlook by AceTrader-5-7-2011
Market Review – 04/07/2011 16:19 GMT Euro pares gain after S&P says debt rollover may put Greece in ‘selective default’ The single currency extended last week’s rally to a fresh one-month high of 1.4580 in Australia on...
STOR suggesting a beginning of short/mid-term bullish swing for USD
07/05/2011 01:38 UTC USD swings higher as it strengthens against the EUR, GBP, JPY, CHF and AUD. Recent mid-term strength indicator reading for USD is 3 out of 8, thus suggesting that the current swing may be...
Forex Metal Weekly Newsletter
Market review for 27.06 – 01.07, 2011 Previous trading week saw strengthening of the euro and other high-risk currencies. Monday,
Forexpros.com Daily Analysis – 04/07/2011
ForexPros Daily Analysis July 04, 2011 EUR/NZD Ready for a Move So far, in 2011 the EUR/NZD pair has not made much progress. It started the year at around 1.7250 and now, six month later is at...