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...