AUD/USD Analysis (August 3)
The pair has been under intense pressure yesterday dropping 300 pips from its 1,10 level.
Author: ATF Forex Trading
USD/CAD Analysis (August 3)
We continue to see the pair being well bid after its bounce on top of 0,94 from last week.
USD/CHF Analysis (August 3)
The Swiss Franc continues to be agressively bought and we might wonder when this impressive trend will stop.
USD/JPY Analysis (August 3)
After an acceleration of the decline, we are starting to see some choppy price actions with market partcipants watching for a possible intervention of the Bank of Japan which always moves the market significantly.
GBP/USD Analysis (August 3)
The Cable has retraced almost 38% of its rally started on July 12. A resumption of the uptrend is now possible with a first target at recent high (1,6480).
EUR/USD Analysis (August 3)
The market is still carving out a new lower top on the daily chart which might lead the EUR/USD toward the key support at 1,40 coinciding with the 20 moving average.
AUD/USD Analysis (August 2)
After an impressive rally towards a fresh record high at 1,1080 the pair seems ready for a corrective move as the market reached the upper weekly bollinger band.
USD/CAD Analysis (August 2)
The pair might be in the process of carving out a double bottom formation on the weekly chart which would open the door to a major reversal this year.
USD/CHF Analysis (August 2)
The Swiss Franc continues to be agressively bought and the fresh low from yesterday at 77,30 confirms the strong bearish pressure on the USD/CHF.
USD/JPY Analysis (August 2)
Last session has been very active on the Japenese Yen as a whole with of course an impact on the USD/JPY.