GBPUSD Forecast June 24, 2014, Technical Analysis
The GBPUSD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat.
ETF
EURUSD Forecast June 24, 2014, Technical Analysis
The EURUSD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level.
EURUSD Forecast June 19, 2014, Technical Analysis
The EURUSD pair rose during the course of the session on Wednesday, but stays within the consolidation area that we’ve seen for some time.
EURUSD Forecast June 17, 2014, Technical Analysis
The EURUSD pair initially fell during the course of the session on Monday, but found support near the 1.35 level yet again. This area continues to bring in buyers, and as a result we feel that the market is probably going to continue to consolidate overall.
AUDUSD Daily Analysis – June 16, 2014
AUDUSD remains in uptrend from 0.9229, the fall from 0.9437 is likely consolidation of the uptrend.
EURUSD Forecast June 13, 2014, Technical Analysis
The EURUSD pair initially fell during the course of the session on Thursday, testing the 1.35 level again.
USDJPY Forecast June 13, 2014, Technical Analysis
The USDJPY why pair fell during the course of the session on Thursday, after initially trying to rally.
AUDUSD Simple Range Play (June 12, 2014)
AUDUSD is finding resistance at the top of its range, visible on the 4-hour forex time frame.
Gold recovers, but the rally looks weak
On the daily gold chart we are at an interesting phase of price action. The weakness in the price of gold has been clearly evidenced since mid March, with each rally higher petering out. This was then followed by an extended phase of price congestion which saw the precious metal oscillate between $1315 per ounce to the upside and $1280 to the downside.
AUDUSD Forecast June 10, 2014, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, but found enough resistance to push the market back about half of the range.