USD/JPY analysis (July 12, 2011)
The pair didn’t take advantage of the US Dollar strengh mainly driven by the Euro. On the contrary, the USD/JPY has been falling back towards the 80,00 critical level.
Author: ATF Forex Trading
GBP/USD analysis (July 12, 2011)
The Cable has been under pressure as well and the new fresh low below 1,59 opens the door to further decline with a next target at 1,58.
EUR/USD analysis (July 12, 2011)
We were following this triangle on the daily with a bottom line around 1,42. Yesterday, we did see the EUR/USD sharply breaking the 1,42 level to reach 1,40 key support.
AUD/USD analysis (July 11, 2011)
The pair is still evolving in a daily range between 1,0450 and 1,0790. We have seen the pair rallying to the top of its range last week and we now wait for either a breakout or reversal.
USD/CAD analysis (July 11, 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 11, 2011)
The pair didn’t manage to confirm its bounce after a new fail on the 0,85 level near the key resistance at 0,8550. Next target is now the bottom of the daily range at 0,83 (lower bollinger band).
USD/JPY analysis (July 11, 2011)
The pair is now back under pressure and we see additional weakness going forward. Technically, the roll-over from 81,50 combined with overbought studies are pointing to a new test of 80,00 critical level.
GBP/USD analysis (July 11, 2011)
AS we mentioned in our previous analysis, the Cable is the process of building a double bottom formation after a significant bounce on friday. Next key resistance is represented by previous high at 1,6150.
EUR/USD analysis (July 11, 2011)
The pair is evolving in a middle term triangle with limits between 1,45 and 1,42 i.e. 300 pips range. The bottom of the triangle is now being tested and there is a good probability of a breakout...
AUD/USD analysis (July 08, 2011)
The pair has confirmed a bullish bias with a new rally on top of 1,0655 now forming a clear support. Its progress has been well capped though by the top of the daily range at 1,0790.