USDJPY Forecast April 25, 2014, Technical Analysis
The USDJPY pair fell during the bulk of the session on Thursday, but found enough support right around the 102 level to turn things back around and form a hammer.
ETF
EURUSD Daily Analysis – April 24, 2014
EURUSD failed to break above 1.3864 resistance, indicating that the pair remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend.
AUDUSD Daily Analysis – April 23, 2014
AUDUSD continued its downward movement from 0.9461, and the fall extended to as low as 0.9295.
AUDUSD Forecast April 22, 2014, Technical Analysis
The AUDUSD pair went back and forth during the session on Monday, essentially settling nothing.
USDJPY Rising Channel Pattern (April 22, 2014)
USDJPY is moving inside an ascending trend channel on its 4-hour time frame, indicating that further gains could be in the cards for the pair.
EURUSD Daily Analysis – April 21, 2014
EURUSD remains in downtrend from 1.3905, the rise from 1.3790 could be treated as consolidation of the downtrend.
AUDUSD Daily Analysis – April 21, 2014
AUDUSD’s downward movement from 0.9461 extended to as low as 0.9314.
EURUSD Forecast April 16, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Tuesday, forming a very neutral candle.
Crude oil futures pause ahead of oil inventory data
The recent bullish trend for crude oil, appears to be running into a stubborn area of price resistance on the daily chart in the $104.50 per barrel area, the same level which saw the commodity sell of sharply back in early March.
USDJPY Forecast April 15, 2014, Technical Analysis
The USDJPY pair rose during the session on Monday, bouncing off of the obvious support level near the 101.25 level.