forex charts latest news
| Forex daily technical analysis - Feb 9 (MENAFN) |
|---|
|
Forex daily technical analysis - Feb 9 |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade. |
| Forex: USD/CHF breaks 1.0700 support; analysts point to further falls (The Forex Market) |
|
FXstreet.com (Barcelona) - After setting a 6-month high yesterday at 1.0794, the USD/CHF has fallen more than 100 pips in trading today and has just broken the 1.0700 support area to mark a new daily low at 1.0683. The current fall has taken the pair below the moving average of 55 periods on the hourly charts. |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
USD/CHF : The latest break back above 1.0500 suggests that the market has now carved out a major base that exposes some fresh medium-term upside towards 1.1000 over the coming days. |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
USD/JPY: Last Thursday’s violent pullback certainly dents our shift in outlook in which we had been projecting significant upside over the medium-term. However, the market has still not managed to close below 89.00 and it will be interesting to see how things play out from here. |
| Forex daily technical analysis - February 8 (MENAFN) |
|
Forex daily technical analysis - February 8 |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
GBP/JPY : Thursday’s violent pullback has brought the cross back to some familiar range lows in the 140.00 area and it will be interesting to see how the market responds from here. |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
GBP/USD : The market has finally taken out the key October lows just over 1.5700 to likely open the door for some medium-term setbacks over the coming weeks. |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
NZD/USD : Although it is less prominent than in Aud/Usd, the market here has also arguably carved out a major double top that ultimately projects a fresh wave of declines down towards 0.6500 over the coming weeks. |
| Your Source for Daily FOREX Market News and Analysis (Daily FX) |
|
USD/CAD : The market has finally managed to clear resistance by 1.0745 to expose next key topside barriers by 1.0870 further up. Daily studies still show plenty of room to run, and we look for a retest and break of 1.0870 over the coming days. |