EUR/JPY Analysis
Greetings. Let’s take a look at one of our favorite pairs – the EUR/JPY. It looks like the bottom we saw in the beginning of August may hold for just a little while longer as we approach...
Category: Daily Forex Reports
Daily FX Market Outlook by AceTrader-4-8-2011
Market Review – 03/08/2011 22:21 GMT Swiss franc retreats on SNB move but rebounds due to weak U.S. data The Swiss franc retreated from another all-time high against the greenback Wednesday after Swiss National Bank unexpectedly cut...
Forexpros.com Daily Analysis – 03/08/2011
ForexPros Daily Analysis August 03, 2011 AUD/JPY in Bearish Channel. The Australian Dollar started to exhibit weakness against the USD just a few days ago, but in relation to the Japanese Yen, it has been sliding for...
3rd August, 2011 – Daily Forex Report by GFM Research
Last minute deal has been struck to increase the US borrowings by President Obama, but the street seems to be more concerned about the weakening of the US economy which resulted in sell off for the straight...
ADP Non-Farm Employment Change on Tap Today
The US economy will be publishing several reports today, most importantly is ADP’s publication of Non-Farm Employment Change for the private sector at 13:15 GMT. The employment data is a foreshadowing of Friday’s Non-Farm Payrolls (NFP) data.
AUD/USD Analysis (August 3)
The pair has been under intense pressure yesterday dropping 300 pips from its 1,10 level.
USD/CAD Analysis (August 3)
We continue to see the pair being well bid after its bounce on top of 0,94 from last week.
USD/CHF Analysis (August 3)
The Swiss Franc continues to be agressively bought and we might wonder when this impressive trend will stop.
USD/JPY Analysis (August 3)
After an acceleration of the decline, we are starting to see some choppy price actions with market partcipants watching for a possible intervention of the Bank of Japan which always moves the market significantly.
GBP/USD Analysis (August 3)
The Cable has retraced almost 38% of its rally started on July 12. A resumption of the uptrend is now possible with a first target at recent high (1,6480).