USD/CHF Technical Analysis for July 19, 2011
The USD/CHF pair rose on Monday, after gapping lower at the open. The pair is most decidedly bearish, but this move may lead the way to a bounce of sorts in the market. Any serious trader knows...
Author: ForexMansion.com
USD/JPY Technical Analysis for July 19, 2011
The USD/JPY had a fairly quiet day on Monday as traders sold risk, but did not get involved in this pair. The prevailing consensus is that the central banks are obviously watching this pair intently, and as...
AUD/USD Daily Fundamental Analysis for July 19, 2011
The fears still dominate the market after the US failed to reach agreement on raising the debt ceiling and the European debt crisis escalated, supporting the haven demand and damping the appeal of higher yielding currencies.
USD/JPY Daily Fundamental Analysis for July 19, 2011
The USD/JPY pair traded near its lowest level in four months, as the EU debt crisis fueled risk aversion which increased demand for lower yielding currencies, opening the way for the Japanese currency to keep its gain...
Forex Market Ends Friday with Heavy News Day
With a moderately heavy US news day expected Friday, dollar traders should be anticipating some exciting currency movements brought about by heightened liquidity. Beginning at 13:30 GMT, the US will be releasing its nominal and core CPI...
AUD/USD Technical Analysis for July 15, 2011
The AUD/USD pair fell today, and the 1.08 level has held as resistance. Although this is bearish action, the trend is very clearly up against the Dollar, and we feel that the trend will continue. We like...
EUR/USD Technical Analysis for July 15, 2011
EUR/USD fell on Thursday, retesting the 1.4250 minor support area. With the European bank stress tests coming out today, this pair will certainly be very volatile. The fact that the results come out in the middle of...
GBP/USD Technical Analysis for July 15, 2011
The GBP/USD fell on Thursday, but just barely. We still think this pair is bearish, and like the idea of selling rallies. However – we have no bearish candles to work with at the moment, so we...
USD/CAD Technical Analysis for July 15, 2011
The USD/CAD pair rose on Thursday, but just slightly so. The pullback from the fall over the last couple of days makes sense, and it must also be said that the most recent lows are getting lower...
USD/CHF Technical Analysis for July 15, 2011
The USD/CHF pair rose slightly on Wednesday, but the move was much smaller than the fall on Wednesday. The pair is most certainly in a downtrend for ages, and there is no reason to think it will...