EURUSD Daily Analysis – October 8, 2014
EURUSD is facing 1.2698 resistance, a break of this level will indicate that the downtrend from 1.2994 had completed at 1.2500 already, then further rise to 1.2850 area could be seen.
FOREX
AUDUSD Daily Analysis – October 8, 2014
AUDUSD broke above 0.8826 resistance, indicating that the downtrend from 0.9401 had completed at 0.8642 already.
GBPUSD Daily Analysis – October 7, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, as long as the trend line resistance holds, the rise from 1.5951 could be treated as consolidation of the downtrend.
AUDUSD Daily Analysis – October 7, 2014
AUDUSD moved sideways in a trading range between 0.8642 and 0.8826.
EURUSD Descending Trend Line – Oct 7, 2014
EURUSD has been moving in a downtrend for quite some time, forming a descending trend line in connecting the recent highs.
GBPUSD Daily Analysis – October 3, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, and the fall extended to as low as 1.6112.
EURUSD Daily Analysis – October 3, 2014
EURUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.2994 had completed at 1.2570 already.
AUDUSD Forecast October 3, 2014, Technical Analysis
The AUDUSD pair fell during the session initially on Thursday, but found enough support to turn things back around and form a hammer.
USDJPY Daily Analysis – October 2, 2014
USDJPY is facing 108.24 support, a breakdown below this level will signal completion of the uptrend from 101.50, then deeper decline to 107.00 area could be seen.
AUDUSD Daily Analysis – October 2, 2014
AUDUSD broke above the resistance of the downward trend line on 4-hour chart, indicating that the downtrend from 0.9401 had completed