GBPUSD Daily Analysis – June 30, 2014
GBPUSD is testing 1.7062 resistance, a break of this level will indicate that the uptrend from 1.6692 has resumed, then next target would be at 1.7200 area.
FOREX
AUDUSD Daily Analysis – June 30, 2014
AUDUSD is testing 0.9444 resistance, a break above this level will indicate that the uptrend from 0.9208 has resumed, then next target would be at 0.9500 area.
EURUSD Forecast June 27, 2014, Technical Analysis
The EURUSD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer.
AUDUSD Forecast June 26, 2014, Technical Analysis
The AUDUSD pair bounce from the lows during the session on Wednesday, showing that we still have plenty of support below and that the pressure should continue to break out and above the 0.95 handle.
EURUSD Forecast June 26, 2014, Technical Analysis
The EURUSD pair broke higher during the session on Wednesday, but could not break out to the upside.
USDJPY Symmetrical Triangle Breakout – June 26, 2014
USDJPY has been consolidating inside a symmetrical triangle for almost an entire month, as traders are torn in picking a clear direction for this pair.
GBPUSD Forecast June 24, 2014, Technical Analysis
The GBPUSD pair went back and forth during the session on Monday, proving the 1.70 level to be supportive enough to keep the market somewhat afloat.
EURUSD Forecast June 24, 2014, Technical Analysis
The EURUSD pair went back and forth on Monday, essentially settling nothing as we continue to hang about the 1.3600 level.
EURUSD Forecast June 19, 2014, Technical Analysis
The EURUSD pair rose during the course of the session on Wednesday, but stays within the consolidation area that we’ve seen for some time.
EURUSD Forecast June 17, 2014, Technical Analysis
The EURUSD pair initially fell during the course of the session on Monday, but found support near the 1.35 level yet again. This area continues to bring in buyers, and as a result we feel that the market is probably going to continue to consolidate overall.