Currency Trading

AUDUSD Forecast March 30, 2015, Technical Analysis

The AUDUSD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday.

USDJPY Weekly Analysis - March 29, 2015

USDJPY remains in uptrend from 101.06 (Jul 10, 2014 low), the sideways movement

EURUSD Weekly Analysis - March 29, 2015

EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462

GBPUSD Weekly Analysis - March 29, 2015

GBPUSD’s bounce from 1.4634 extended to as high as 1.5162.

EURUSD Daily Analysis - February 11, 2015

EURUSD is in consolidation of the downtrend from 1.2569 (Dec 16, 2014 high). Range trading between 1.1097 and 1.1650 is possible over the next several days.

AUDUSD Forecast February 11, 2015, Technical Analysis

The AUD/USD pair fell during the course of the session on Tuesday, as we continue to meander around the 0.7750 handle.

AUDUSD Forecast February 10, 2015, Technical Analysis

The AUDUSD pair gapped lower at the open on Monday, but then turned back around to rally and form a bit of a shooting star as some of the gains were given back.

GBPUSD Forecast February 9, 2015, Technical Analysis

The GBPUSD pair fell during the course of the day on Friday, testing the 1.52 handle.

AUDUSD Forecast February 9, 2015, Technical Analysis

The AUDUSD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star.

EURUSD Daily Analysis - January 20, 2015

EURUSD remains in downtrend from 1.2569, the rise from 1.1459 is likely consolidation of the downtrend.