USD/CAD analysis (July 08, 2011)
The pair has been under intense pressure yesterday breaking below its recent low at 0,9580. We might see additional decline today if the market accelerates below yesterday’s low at 0,9570.
Author: ATF Forex Trading
USD/CHF analysis (July 08, 2011)
The pair has made a started a new rally yesterday with a shy tag of 0,85 which offered a nice resistance once again. We still expect a test of 0,8550 over the coming sessions considering the studies...
USD/JPY analysis (July 08, 2011)
The pair has been showing some strengh as of late but it was short-live once again. We used to see a lack of follow through on the Yen for quite some time which makes this currency difficult...
GBP/USD analysis (July 08, 2011)
The Cable remains under pressure with the break back below 1,60 which opens the door to the 1,59 level but there is also potential for a bounce as we explain below.
EUR/USD analysis (July 08, 2011)
The pair is evolving in a middle term triangle which confirms a market consolidation. The limits are given around 1,45 and 1,42 i.e. 300 pips range. We consider that the bottom line has been tagged yesterday with...
AUD/USD analysis (July 07, 2011)
Considering the US Dollar bounce and the renewed risk aversion on the market, the Aussie has been outperforming yesterday stopping its setback above 1,0650. A break above 1,08 would probably resume the uptrend with an acceleration towards...
USD/CAD analysis (July 07, 2011)
The pair remains under pressure after the breakout of its daily rising trendline with a next target at 0,95. However, the market seems to have found some support on top of 0,96 and we might see a...
USD/CHF analysis (July 07, 2011)
The USD/CHF setup is very constructive with the formation of a potential matrial base on top of the historical low at 0,8275 but as long as the pair remains stuck below its daily descending trendline and strong...
USD/JPY analysis (July 07, 2011)
The pair continues to consolidate on top of its key support at 80,00. There is still a lack of momentum and we have to be extra carefull while trading a Yen related pair.
GBP/USD analysis (July 07, 2011)
Cable remains under pressure with now a break back below 1,60 which opens the door to the 1,59 level. A break below this level would expose further decline towards 1,58 and beyond.