GBP/USD Analysis (August 24)
We still consider the Cable slighly bullish despite the current consolidation. The market might be testing April high at 1,6750 soon if the 1,66 resistance is cleared.
Author: ATF Forex Trading
EUR/USD Analysis (August 24)
Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a possible QE3 announcement from the Fed next friday.
AUD/USD Analysis (August 23)
The pair continues to be well bid s it seems to have found some good support on top of the 200 moving average and the 1,03 level.
USD/CAD Analysis (August 23)
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 and a test of parity. We consider that a major bottom is in place.
USD/CHF Analysis (August 23)
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.
USD/JPY Analysis (August 23)
The pair continues to consolidate but seems to carve out a material base on top of its historical low (76,00).
GBP/USD Analysis (August 23)
We continue to hold a slight bullish bias on the pair but the outlook is not very clear considering the overall lack of volatility.
EUR/USD Analysis (August 23)
Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a major catalyst to make their decisions.
AUD/USD Analysis (August 20)
The pair has been pulling back significantly over the last 2 weeks after a significant breakout of a long term rising trendline. The Aussie might be under pressure going forward considering the overall market shift towards risk...
USD/CAD Analysis (August 20)
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 which resulted in a 500 pips rally and a test of parity. We consider that a major bottom is now in place.