USD/CHF analysis (July 08, 2011)
The pair has made a started a new rally yesterday with a shy tag of 0,85 which offered a nice resistance once again. We still expect a test of 0,8550 over the coming sessions considering the studies...
Month: July 2011
USD/JPY analysis (July 08, 2011)
The pair has been showing some strengh as of late but it was short-live once again. We used to see a lack of follow through on the Yen for quite some time which makes this currency difficult...
GBP/USD analysis (July 08, 2011)
The Cable remains under pressure with the break back below 1,60 which opens the door to the 1,59 level but there is also potential for a bounce as we explain below.
EUR/USD analysis (July 08, 2011)
The pair is evolving in a middle term triangle which confirms a market consolidation. The limits are given around 1,45 and 1,42 i.e. 300 pips range. We consider that the bottom line has been tagged yesterday with...
8th July, 2011 – Daily Forex Report by GFM Research
Euro gains of the lows of 1.4225 ranges against the US Dollar; the USD traded mixed where in it has depreciated against the Euro and the Aussie Dollar whereas it has appreciated against the Cable, the Japanese...
GBP/JPY Anlaysis
Greetings. Let’s take a look at the GBP/JPY chart. With the big spike in mid-March, we tested our Fibonacci levels both including the spike and not including the spike. If you include the spike, you’ll see we’ve...
Daily FX Market Outlook by AceTrader-8-7-2011
Market Review – 07/07/2011 20:03 GMT Euro rallies broadly as ECB suspends collateral rules for Portugal The single currency rose strongly on Thursday across the board after European Central Bank President Jean-Claude Trichet said the central bank...
Forex-Metal Daily Analysis -07/07/2011
Moody’s downgraded the Portugal credit rating.
STOR suggesting a beginning of short/mid-term bullish swing for EUR
07/07/2011 14:32 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, CHF and CAD. Recent mid-term strength indicator reading for EUR is 4 out of 8, thus suggesting that the current swing may be...
STOR suggesting a beginning of short/mid-term bullish swing for NZD
07/07/2011 12:54 UTC NZD swings higher as it strengthens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...