USD/CHF Analysis (July 29)
The pair continues to consolidate near the psychological level at 0,80. The pressure remains on the downside and we might see additional decline going forward particularly if a break is confirmed below 0,80.
Author: ATF Forex Trading
USD/JPY Analysis (July 29)
The pair continues to trade lower after a new fresh low printed overnight below 77,60. We see no sign of a possible reversal yet except maybe the daily and weekly studies being in oversold zone which is...
GBP/USD Analysis (July 29)
After a high near 1,6450, the market is currently testing an ascending trendline on the 4-hour chart. A clear break below 1,63 would expose a setback towards 1,62 (38% retracement of the current rally).
EUR/USD Analysis (July 29)
The pair has found some support on top of its 20 moving average after a low at 1,4250.
AUD/USD Analysis (July 28)
The pair continues its impressive rally since it has broken through the top of the daily range.
USD/CAD Analysis (July 28)
Yesterday, we did see the pair bouncing on top of 0,94 and thus validating a double bottom on the 4-hour chart confirmed by a positive divergence on the MACD.
USD/CHF Analysis (July 28)
The pair continues to consolidate on top of the psychological level at 0,80.
USD/JPY Analysis (July 28)
The pair continues to slide smoothly while establishing below 78,00. We might see a corrective move anytime soon given the oversold studies but we hold a bearish bias until proven otherwise.
GBP/USD Analysis (July 28)
The Cable has stalled out after a brief attempt above 1,64. For the time being, we consider this move as corrective.
EUR/USD Analysis (July 28)
The market has drawn a reversal candle yesterday which might signify the end of the bullish trend at least over the short term.