Daily FX Market Outlook by AceTrader-24-8-2011

by AceTraderfx.com | August 24, 2011 1:08 am
Market Review – 23/08/2011 21:56 GMT Dollar falls on hopes of further monetary easing from Fed The greenback dropped against most of its major counterparts on Tuesday as weak U.S. data fuelled speculation that U.S. Federal Reserve...

Forexpros.com Daily Analysis – 23/08/2011

by forexpros.com | August 23, 2011 10:33 am
ForexPros Daily Analysis August 23, 2011 Euro in Wedge. Pound in Longs. Yen Edging Lower Euro: On the daily, the euro is between its short at 1.4388, with a target at 1.4334 and a long at 1.4288,...

23rd August, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | August 23, 2011 6:38 am
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...

AUD/USD Analysis (August 23)

by ATF Forex Trading | August 23, 2011 5:55 am
The pair continues to be well bid s it seems to have found some good support on top of the 200 moving average and the 1,03 level.

USD/CAD Analysis (August 23)

by ATF Forex Trading | August 23, 2011 5:55 am
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 and a test of parity. We consider that a major bottom is in place.

USD/CHF Analysis (August 23)

by ATF Forex Trading | August 23, 2011 5:54 am
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.

USD/JPY Analysis (August 23)

by ATF Forex Trading | August 23, 2011 5:53 am
The pair continues to consolidate but seems to carve out a material base on top of its historical low (76,00).

GBP/USD Analysis (August 23)

by ATF Forex Trading | August 23, 2011 5:53 am
We continue to hold a slight bullish bias on the pair but the outlook is not very clear considering the overall lack of volatility.