EURUSD Daily Analysis – November 24, 2014
EURUSD is facing 1.2358 support, a breakdown below this level will confirm that the downtrend from 1.2867 has resumed,
EURUSD is facing 1.2358 support, a breakdown below this level will confirm that the downtrend from 1.2867 has resumed,
A short-term rally might take place for AUDUSD, as the pair formed a double bottom pattern on its 4-hour time frame.
AUDUSD stays in a trading range between 0.8540 and 0.8910.
USDJPY’s upward movement from 101.06 extended to as high as 118.97.
GBPUSD remains in downtrend from 1.7190.
EURUSD failed to break above the upper line of the price channel on daily chart, indicating that the pair remains in downtrend from 1.3993.
EURUSD remains in uptrend from 1.2358, the fall from 1.2599 could be treated as consolidation of the downtrend.
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend.
AUDUSD is facing 0.8540 support, a breakdown below this level will indicate that the downtrend from 0.8910 has resumed,
AUDUSD’s fall from 0.8795 extended to as low as 0.8585.