USD/CHF analysis (July 22)
With the US Dollar now under intense pressure, it doesn’t help the USD/CHF to start building a meaningful bounce.
Author: ATF Forex Trading
USD/JPY analysis (July 22)
With a break below last week low, the pair has confirmed a bearish outlook and we now expect additional decline going forward.
GBP/USD analysis (July 22)
The Cable has confirmed a bullish structure by breaking above 1,62 with a strong momentum. Next immediate target comes in at 1,64 but we might see the pair rallying towards 1,66 (daily bollinger band).
EUR/USD analysis (July 22)
As we expected, the pair has finally broken through the 1,43 resistance to establish above 1,44 in a sharp move. We now expect a test of 1,45 with a possible extension towards 1,46 (daily bollinger band).
AUD/USD analysis (July 21)
The pair continues to evolve in its daily range and we don’t see any clear directional bias over the immediate term. In fact, the AUD/USD has been offering very interesting opportunities to swing traders while moving upside...
USD/CAD analysis (July 21)
The USD/CAD is now evolving in a clear bearish trend and is currently testing its multi-year low at 0,9450. A break below this level would accelerate decline with no clear target (the historical low from 2007 is...
USD/CHF analysis (July 21)
The market seems to have found a good support on top of 0,81. Considering the previous breakout of the daily range, we might see a pullback towards daily moving average at 0,8310.
USD/JPY analysis (July 21)
The pair is still in a consolidation mode since last week and the break below the critical level at 80,00. A break below 78,50 (last week low) would accelerate decline.
GBP/USD analysis (July 21)
The momentum is still bullish on the Pound after the bounce we saw on top of 1,60 in the beginning of the week. A break above 1,62 would validate a bullish resumption with a next target at...
EUR/USD analysis (July 21)
With the recent confirmed bounce on top of 1,40, the pair is in the process of building a nice cup&handle on the daily chart. 1,43 is the key level to watch.