GBP/USD Technical Analysis for July 20, 2011
The GBP/USD pair rose on Tuesday, but looked oddly weak in the later part of the session. In fact, at the time of this writing, it appears that the pair is only going to be slightly changed...
Month: July 2011
USD/CAD Technical Analysis for July 20, 2011
USD/CAD fell again on Tuesday, making a push towards the 0.9450 support area. The level is significant as it is the last bit of resistance between current levels and the all-time lows. A bounce here isn’t out...
USD/CHF Technical Analysis for July 20, 2011
The USD/CHF saw a massive relief rally on Tuesday as traders suddenly felt that all was right in the world. Of course, this will more than likely change in a few hours, as the markets are very...
USD/JPY Technical Analysis for July 20, 2011
The USD/JPY had another quiet trading session on Tuesday as traders are largely abandoning this pair. The threat of the central banks intervening certainly makes this a dangerous pair to short, but at the same time –...
20th July, 2011 – Daily Forex Report by GFM Research
The USD mixed wherein it has traded flat against the Euro and the Cable and lost ground against the Aussie Dollar where as the Swiss Franc posted gains against the Greenback. It seems that the all the...
AUD/USD analysis (July 20)
The pair continues to evolve in its daily range and we don’t see any clear directional bias over the immediate term.
USD/CAD analysis (July 20)
The USD/CAD has been under pressure once again yesterday after the BoC rate decision. If the rate was confirmed at 1,00% as expected, the Central Bank has used a pretty hawkish tone which lead to a broader...
USD/CHF analysis (July 20)
The market seems to have found a good support on top of 0,81. Considering the previous breakout of the daily range, it might be only a pullback towards former support at 0,83.
USD/JPY analysis (July 20)
After a confirmed break below critical level at 80,00 from last week, the pair has been trading flat for a few days now.
GBP/USD analysis (July 20)
The Pound has found some support on top of 1,60 over the last 2 days. The pair is still well capped by its daily descending trendline but a break above 1,62 might validate a bullish resumption with...