USD/JPY Analysis (August 10)
The pair has come back to its value from before the BoJ intervention which didn’t have the impact expected as often.
Month: August 2011
GBP/USD Analysis (August 10)
The pair has been under intense pressure yesterday testing and bouncing on 1,62 corresponding to the bottom of an intraday descending channel.
EUR/USD Analysis (August 10)
After Fed Chaiman Bernanke rather dovish statement, the EUR/USD has found renewed strengh to test again its descending trendline. 1,44 is now a clear resistance to deal with.
Forex-Metal Daily Analysis – 09/08/2011
S&P downgrades the US credit rating.
Forexpros.com Daily Analysis – 09/08/2011
ForexPros Daily Analysis August 09, 2011 Euro in Short, Pound Still In Range, Yen Near All Time Lows Euro: On the daily, the euro continues in shorts, albeit in messy setups. Setups are technically being broken, so...
USD/CHF Technical Analysis August 9, 2011
The USD/CHF pair fell on Monday, but managed to bounce a bit towards the end of the session as the Dollar got a little bit of a bid at the 0.75 level. The pair is in a...
USD/CAD Technical Analysis August 9, 2011
USD/CAD rose yet again on Monday as the oil markets continue to fall. The oil markets control the fate of the CAD, and as the Light Sweet Crude market is sitting right at $80 – we can...
USD/JPY Technical Analysis August 9, 2011
USD/JPY fell again on Monday, as traders sold off everything risk related. In fact, the Dow fell over 600 points, and as such – the “risk off” trade came into play.
GBP/USD Technical Analysis August 9, 2011
GBP/USD fell hard on Monday as the “risk off” trade came into vogue again as a result of the US downgrade. The pair was near the top of the recent consolidation area, in the form of the...
AUD/USD Technical Analysis August 9, 2011
The AUD/USD fell yet again on Monday. The pair simply cannot get out of its own way, and now finds itself at a massive support area. If this area cannot hold – we are going to really...