AUDUSD Daily Analysis – December 1, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8416.
FOREX
Aussie Dollar Under Fire From All Sides!
As we come to the end of another trading week, for the Australian dollar it has been another characterized by negative sentiment with the AUD/USD likely to close with a wide spread down candle, with the bearish tone picking up momentum once again. The move lower for the pair is of no great surprise given the clear and unequivocal messages that have been emanating recently from the RBA, during the
USDJPY Triangle Breakout – Nov 28, 2014
USDJPY showed more momentum as it broke above the descending triangle resistance in today’s Asian trading session.
EURUSD Daily Analysis – November 26, 2014
EURUSD failed to break below 1.3258 support and stayed in the trading range between 1.2358 and 1.2599.
AUDUSD Forecast November 26, 2014, Technical Analysis
The AUDUSD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle.
GBPUSD Daily Analysis – November 24, 2014
GBPUSD remains in downtrend from 1.6182, the rise from 1.5590 is likely consolidation of the downtrend.
EURUSD Forecast November 25, 2014, Technical Analysis
The EURUSD pair initially fell during the course of the day on Monday, but as you can see bounced enough to break back above the 1.24 handle.
AUDUSD Forecast November 25, 2014, Technical Analysis
The AUDUSD pair fell hard during the session on Monday, continuing the downtrend that we have seen for some time.
A Classic Game Of Two Halves For The USD/JPY
For the USD/JPY, 2014 could best be described in football terms as a game of two halves, when viewed from almost every perspective, and perhaps the most descriptive timeframe to consider is the weekly chart for the pair. And in considering the chart, it also highlights the broader issue from a trading perspective of the need to have an array of trading strategies to take advantage of the prevailing market
GBPUSD Daily Analysis – November 24, 2014
GBPUSD remains in downtrend from 1.6182, the rise from 1.5590 is likely consolidation of the downtrend.