GBPUSD Daily Analysis – September 15, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend.
FOREX
AUDUSD Collapses Under the Domino Effect
There was no hiding place for the Australian dollar last week, which came under relentless and remorseless pressure, with the December futures contract closing with yet another wide spread down candle on Friday, and further confirming the bearish picture for the Aussie dollar.
GBPUSD Daily Analysis – September 12, 2014
GBPUSD’s bounce from 1.6051 extended to as high as 1.6276, however, the bounce is likely consolidation of the downtrend from 1.7190 (Jul 15 high),
EURUSD Daily Analysis – September 12, 2014
EURUSD continued its sideways movement in a range between 1.2859 and 1.2987.
AUDUSD Forecast September 12, 2014, Technical Analysis
The AUDUSD pair broke higher during the course of the day on Thursday, but found the 0.92 level to be far too resistive in order to go higher.
EURUSD Daily Analysis – September 11, 2014
EURUSD is forming a sideways consolidation in a range between 1.2859 and 1.2987.
AUDUSD Forecast September 11, 2014, Technical Analysis
The AUDUSD pair fell during most of the session on Wednesday, but bounce significantly off of the 0.91 handle, as we formed a massive hammer.
GBPUSD Daily Analysis – September 9, 2014
GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6091.
AUDUSD Trend Breakdown? (Sept 9, 2014)
AUDUSD has been trading inside a rising channel on its 1-hour forex time frame for the past month, but it looks like a breakdown is happening.
USDJPY Daily Analysis – September 8, 2014
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of the uptrend.