EUR/USD Analysis (August 3)
The market is still carving out a new lower top on the daily chart which might lead the EUR/USD toward the key support at 1,40 coinciding with the 20 moving average.
Category: Daily Forex Reports
EUR/USD Analysis
Greetings. Let’s take a look at the USD/CHF. We see a lot of talk about how much further can the USD/CHF pair go?
Daily FX Market Outlook by AceTrader-3-8-2011
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USD/CAD Technical Analysis August 2, 2011
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AUD/USD Technical Analysis August 2, 2011
The AUD/USD continues to struggle with the idea of the 1.10 handle on Monday, making trading this pair an extremely choppy situation lately. The pair has found support in general, but it simply cannot gain traction at...
USD/CHF Technical Analysis August 2, 2011
The USD/CHF pair fell hard on Monday as the US stock exchanges fell. The pair did manage to bounce however, and as such – is forming a candle that looks somewhat like a hammer. This shows that...
GBP/USD Technical Analysis August 2, 2011
The GBP/USD pair fell hard on Monday as traders failed to break above the 1.65 level. This area has been identified by us as a potentially major resistance area, and as such – we were ready. The...
USD/JPY Technical Analysis August 2, 2011
The USD/JPY pair had an extremely wild day on Monday as traders weigh the results of a possible debt limit deal along with the idea of a possible Bank of Japan intervention in the FX markets.
EUR/USD Technical Analysis August 2, 2011
The EUR/USD first rose, then fell during the Monday session. The fact that it has broken below the bottoms of two o hammers suggests that some kind of major support in the 1.4250 area might be getting...
Forexpros.com Daily Analysis – 02/08/2011
ForexPros Daily Analysis August 02, 2011 Will AUD/CAD Form a Double Top? Perhaps more than other crosses, pair of the commodity currencies go through more periods of consolidation. That happens because they often respond in a similar...