EUR/USD analysis (July 14, 2011)
As expected, we did see the pair confirming its bounce on top of the 200 moving average after a new low at 1,3830. The daily chart is showing a nice morning star formation which might suggest a...
Author: ATF Forex Trading
AUD/USD analysis (July 13, 2011)
The pair continues to evolve in its daily range delimited by the bollinger bands. We consider that a clear break through either 1,08 or 1,04 would give us a directional bias. For the time being, we have...
USD/CAD analysis (July 13, 2011)
We were considering a bullish resumption on this pair lately and if the market has made an attempt towards 0,98 as expected, it wasn’t able to hold above 0,97. In fact, the reversal was quite impressive yerterday...
USD/CHF analysis (July 13, 2011)
The story remains the same with the USD/CHF which is still evolving in its daily range between 0,8275 and 0,8550. After a new test of all time low yesterday, we might see a bullish resumption today.
USD/JPY analysis (July 13, 2011)
The picture has now changed on the pair with the clear break below 80,00 and even 79,50 (may low). We are now bearish as long as 80,00 is resistance.
GBP/USD analysis (July 13, 2011)
The Cable might be in the process to build a significant bounce on top of its recent low near 1,5775 correspondong to the 2011 low. Indeed, the bounce coincides with the lower bollinger band and the studies...
EUR/USD analysis (July 13, 2011)
The Euro has been accelerating its decline below 1,40 to reach a new fresh low near 1,38. It is interesting to see that yesterday’s bounce coincides with the 200 moving average.
AUD/USD analysis (July 12, 2011)
The Commodity bloc currencies are finally reacting to wave of risk liquidation. The Aussie Dollar has broken down the 1,0650 support which opens the door to a new test of 1,05.
USD/CAD analysis (July 12, 2011)
It has been a few days we were poiting out the possibility of a long term reversal pattern (cup&handle) on the pair for a possible long term shift in the trend. The latest price actions and the...
USD/CHF analysis (July 12, 2011)
As well as the Yen, the Swiss Franc has been well supported during last trading session considering its safe haven status on fears that the threat of Eurozone contagion is becoming more and more of a reality....