AUD/USD Analysis (September 6)
The outlook for the Aussie is started to be quite bearish with the recent rally now considered as a pullback after the initial sharp decline from the beginning of August.
Author: ATF Forex Trading
USD/CAD Analysis (September 6)
The pair has now confirmed a possible long term reversal with a bounce on top of the key 0,97 level from last week.
USD/CHF Analysis (September 6)
At the end of last week, we did see the pair falling sharply after a top at 0,8250. This decline is considered though as a retracement of the previous rally.
USD/JPY Analysis (September 6)
The pair continues to trade flat above its historical low (76,00) and does not seem ready to start a meaningful bounce.
GBP/USD Analysis (September 6)
The pair has broken down below 1,61 (August low) which confirms the downside pressure.
EUR/USD Analysis (September 6)
The pair continues to slide towards the highly watch level at 1,40 which might be offering some support.
AUD/USD Analysis (September 2)
Despite the pressure on the majors and relative shift towards risk aversion, the Aussie is being resilient with only a slight consolidation in its current rally.
USD/CAD Analysis (September 2)
If a material base might be in place for a possible long term reversal, we haven’t seen yet a real confirmation of the bullish bounce started in July.
USD/CHF Analysis (September 2)
In our last analysis, we were expecting an extension of the decline towards 0,78 which has been reached today in a very high pace.
USD/JPY Analysis (September 2)
The pair continues to trade flat just above its historical low (76,00). A material might be in place but we now need to see a break above 77,70 (recent high) to confirm a bullish reversal.