GBP/USD analysis (July 19)
The Pound has been under pressure yesterday breaking below friday’s low and testing 1,60. A break below this support would expose 1,59 which is an appealing target.
Author: ATF Forex Trading
EUR/USD analysis (July 19)
The market continues to consolidate above its critical level at 1,40. A break below this support will accelerate towards 1,39 and confirm a bearish bias.
AUD/USD analysis (July 17)
The pair is now back under pressure after a new fail at the top of its range (1,08). Considering the latest price actions, we now expect a new test of 1,05 with a possible extension towards 1,0450...
USD/CAD analysis (July 17)
After a new fail to establish above 0,97 and despite an attempt to hold above 0,9550 last week, the pair remains in intense bearish pressure.
USD/CHF analysis (July 17)
The breakout of the daily range has opened the door to additional losses on the pair which continues to print record lows week and week.
USD/JPY analysis (July 17)
After a confirmed break below critical level at 80,00, we see additional pressure on the pair going forward.
GBP/USD analysis (July 17)
The picture on the Pound is slightly different from the Euro. After a bounce on its lower bollinger band, the GBP/USD has made an impressive rally (in one day precisely) to reach the 1,62 level.
EUR/USD analysis (July 17)
After a significant breakout of a daily triangle, the pair has found some great support on top of the 1,39 level coinciding with the 200 moving average. We have then seen a pullback towards the former triangle...
US Dollar analysis (July 17)
Since the beginning of May, the US Dollar Index is consolidating in a wedge figure and we might see the market going upside and down over the coming days as the overall outlook remains unclear.
AUD/USD analysis (July 15, 2011)
The pair is now back under pressure after a new fail at the top of its range (1,08). Considering the latest price actions, we will consider a new test of 1,05 with a possible extension towards 1,0450...