Short Term – AUDUSD Daily Analysis – February 28, 2014
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660.
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660.
The GBP/USD pair fell during the session on Thursday, only to turn back around and form a hammer for the second day in a row.
Option Alert Service Signal Closing Trade Suggestion
Option Alert Service Signal Closing Trade Suggestion
The USD/JPY pair initially fell during the session on Friday, but as you can see found enough support at the 102 level in order to go higher and form a hammer yet again.
Option Alert Service Signal New Trade Suggestion
Option Alert Service Signal New Trade Suggestion
Option Alert Service Signal New Trade Suggestion
AUDUSD stayed in a trading range between 0.8906 and 0.9080 for several days.
EURUSD remains in uptrend from 1.3477, the fall from 1.3773 could be treated as consolidation of the uptrend.