Market Review – 02/08/2011 21:57 GMT Swiss franc surges to fresh highs on concerns over global economic growth and debt level The Swiss franc rallied against the dollar and euro to fresh all-time highs Tuesday on risk...
The USD/CAD had a bullish day on Monday as the oil markets went back and forth. The pair looks like it is trying to bounce, and that would make sense as the market has fallen so hard...
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...
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...
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...
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.
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 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...
Update Time: 02 Aug 2011 08:10GMT DAILY USD/CHF OUTLOOK – 0.7788 Despite dlr’s anticipated retreat fm 0.7857 to 0.7759, current rebound suggests further choppy consolidation abv y’day’s record low of 0.7733 wud continue n another rebound to...
The US Dollar strengthens across the board especially against the Euro and the Cable; the Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges; despite the...
