GBP/USD analysis (July 26)
The GPB/USD has resumed its move to the upside overnight after a consolidation on Monday. A confirmation above 1,6350 will potentially expose 1,66 (weekly bollinger band).
Author: ATF Forex Trading
EUR/USD analysis (July 26)
The pair has confirmed a bullish bias by breaking above last week high and is now testing a strong descending trendline.
AUD/USD analysis (July 25)
The Aussie has been outperforming last week. The high yield currency took advantage of the renewed risk appetite on a confused market driven by macro-economic events.
USD/CAD analysis (July 25)
The USD/CAD has been under intense pressure in the beginning of last week testing and breaking below its multi-year low at 0,9450 to print a new fresh low at 0,9425.
USD/CHF analysis (July 25)
After a break below its daily range the pair has been consolidating last week despite the strong pressure on the US Dollar.
USD/JPY analysis (July 25)
The pair is now following a clear downtrend and we might see additional pressure going forward.
GBP/USD analysis (July 25)
The GPB/USD has been well bid after a bounce on top of key 1,60 level. The market has validated a bullish structure which now potentially exposes 1,66 (weekly bollinger band).
EUR/USD analysis (July 25)
The EUR/USD has broken and closed above 1,4280 which validates a cup&handle pattern. But the pair is currently testing a strong descending trendline passing by 2 important lower tops in June and July.
AUD/USD analysis (July 22)
The pair did finally manage to break above the upper limit of its daily range at 1,08. We now consider that the market will resume its long term uptrend which is confirmed by the rising weekly 20...
USD/CAD analysis (July 22)
As we expected, the multi-year low at 0,9450 has now been tested. The pair even printed a new fresh low at 0,9425.