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Forex Analysis.

Currency analysis list

01/08/2014

GregMikeFX.com - The Non Farm Payroll day is probably the most risky of trading days. It may not end up as the most volatile day, but going into the report Market Risk, Liquidity Risk, and Event Risk ... [more]

01/08/2014

Swissquote - AUD/USD has broken the key support at 0.9319, validating a bearish reversal pattern with a downside risk at 0.9206. Hourly resistances now lie at 0.9317 (intraday high) and 0.9355 (intrad ... [more]

01/08/2014

Swissquote - USD/CHF has broken the resistance at 0.9037 (see also the declining channel), opening the way for a medium-term rise towards the strong resistance at 0.9156. In the shorter term, yesterda ... [more]

01/08/2014

Although Sharecast technical analysts admit that the correction in the cable is going even further than they originally thought, they once again insisted that the trend in the pair remains bullish. “ ... [more]

01/08/2014

Sharecast technical analysts confirmed on Friday that the bearish head-and-shoulders figure in the Euro/Dollar remained intact. “It's true that we've been waiting several sessions for a typ ... [more]

01/08/2014

Danske Bank - The US employment report and ISM manufacturing will wrap up a busy week. We look for a rise of 250k in total payrolls, a bit higher than consensus of 225k. Jobless claims and other labou ... [more]

01/08/2014

Alpari UK - European indices are expected to open slightly in the red on Friday following a major sell-off in US equities on Thursday and a fairly negative session in Asia overnight. The Dow plunged ... [more]

01/08/2014

Forex Time - The overall weak EU sentiment continued on Thursday with the major news being that in July, EU CPI unexpectedly slowed to its lowest level in nearly five years. Usually, such a headline w ... [more]

31/07/2014

GregMikeFX.com - he GBPUSD is down banging against the key target at the 100 day MA (see post yesterday), as the pair continues to correct/trend lower after reaching the highest price going back to 20 ... [more]

31/07/2014

GregMikeFX.com - The NZDUSD moved below bottom trend line support on the hourly chart yesterday (bearish) but failed. The failure on the break led to a short covering rally, which saw the price test c ... [more]

31/07/2014

Swissquote - AUD/USD has breached the key support at 0.9319. As a result, the range from 0.9319 to 0.9505 is likely a bearish reversal pattern, whose downside risk calls for a test of the strong suppo ... [more]

31/07/2014

Swissquote - USD/CHF continues to move higher, as can be seen by the break of the resistance at 0.9082 (03/02/2014 low). A key resistance stands at 0.9156. Hourly supports can be found at 0.9065 (30/0 ... [more]

31/07/2014

Alpari UK - European futures are looking a little mixed ahead of the open, following similarly mixed sessions in the US and Asia overnight. US stocks were initially off a fair bit but the Fed’s very d ... [more]

31/07/2014

Danske Bank - We expect euro flash CPI for July to reach a new cycle low at 0.4% y/y (consensus 0.5% y/y) down from 0.5% y/y in June. Releases out of Germany and Spain yesterday showed a decline to 0. ... [more]

31/07/2014

Forex Time - Over the previous week, the EURUSD has recorded several fresh 2014 lows and the pair registered a further one yesterday. The EURUSD continued to be sold in anticipation of the latest Germ ... [more]

30/07/2014

GregMikeFX.com - The EURUSD is approaching the bottom trend line support target at the 1.3359 level. It has also reached 50% retracement support from the daily chart at the 1.3375 level (see post fro ... [more]

30/07/2014

GregMikeFX.com - The US GDP in the advanced cut of the report, came in much better at 4% for the 2Q . Moreover there was a revision to the 1st quarter to -2.1% from -2.9%. Good news for the US economy ... [more]

30/07/2014

After recent losses, Sharecast technical analysts noted on Wednesday that the cable has moved closer to the zone of support at the bottom trendline of the bullish movement that connects the increasing ... [more]

30/07/2014

Forex Time - Following last Thursday’s US Initial Jobless Claims dropping to an 8-year low, the USDCAD extended above its symmetrical triangle on the Daily timeframe. The conclusion of the symmetrical ... [more]

30/07/2014

With the Euro/Dollar trading close to 1.34, the analysts at Sharecast insisted on Wednesday that the area is a psychological level and doesn't represent a support in technical terms. “We continu ... [more]

30/07/2014

Swissquote - AUD/USD continues to weaken, moving below the support at 0.9380 (intraday low, see also the 61.8% retracement). An hourly resistance lies at 0.9425 (25/07/2014 high). An hourly support ca ... [more]

30/07/2014

Swissquote - USD/CHF has broken the key resistance at 0.9037 (see also the declining channel), opening the way for a move towards the key resistance at 0.9156. A first resistance lies at 0.9082 (03/02 ... [more]

30/07/2014

Forex Time - It is difficult to understand how the GBPUSD has sharply transitioned from registering a new 5-year high (1.7189) to recording eight days of successive losses for the first time since May ... [more]

30/07/2014

Alpari UK - European indices are expected to open marginally lower on Wednesday following choppy sessions in both the US and Asia, while a new round of sanctions announced by the US and Europe also we ... [more]

30/07/2014

Danske Bank - Main event will be the FOMC statement tonight (no press conference or new projections at this meeting). We expect a slightly more positive tone on the labour market in line with Fed chai ... [more]