AUD/USD Analysis (August 10)
After a very impressive decline which lead the pair below parity (1000 pips within a few days), we did see the market bouncing significantly during the last trading session.
Author: ATF Forex Trading
USD/CAD Analysis (August 10)
After a sharp rally which confirmed a potential long term reversal, the pair has found some great resistance ahead of parity which was expected.
USD/CHF Analysis (August 10)
The pair has accelerated its move to the downside very quickly yesterday after Fed Charman speak. It has made a new record low at 0,7070.
USD/JPY Analysis (August 10)
The pair has come back to its value from before the BoJ intervention which didn’t have the impact expected as often.
GBP/USD Analysis (August 10)
The pair has been under intense pressure yesterday testing and bouncing on 1,62 corresponding to the bottom of an intraday descending channel.
EUR/USD Analysis (August 10)
After Fed Chaiman Bernanke rather dovish statement, the EUR/USD has found renewed strengh to test again its descending trendline. 1,44 is now a clear resistance to deal with.
AUD/USD Analysis (August 9)
The panic and fear surrounding the markets are directly affecting the traditional high yield currencies and thus the Aussie which continues to be under intense pressure.
USD/CAD Analysis (August 9)
Recent price actions have been very interesting and we now think that a major reversal structure is in place on the USD/CAD.
USD/CHF Analysis (August 9)
The pair continues to establish new record lows week after week with now a break below 0,75 during the asian session.
USD/JPY Analysis (August 9)
The effect of the BoJ intervention was short-lived with the pair stalling out ahead of its key 80,00 level and now back under pressure.