EURUSD Weighted Down By ECB
After two days of European Central Bank (ECB) President Mario Draghi comments the EURUSD remains weighted down.
FOREX
EURUSD Forecast May 22, 2014, Technical Analysis
The EURUSD pair fell during the bulk of the session on Wednesday, with that, we feel that the market forming the hammer at this point suggests that the 1.37 level will certainly continue to offer support, and as a result we feel that we could very well break higher.
EURUSD Forecast May 22, 2014, Technical Analysis
The EURUSD pair fell during the bulk of the session on Wednesday, with that, we feel that the market forming the hammer at this point suggests that the 1.37 level will certainly continue to offer support,
USDJPY Forecast May 22, 2014, Technical Analysis
The USDJPY pair initially fell hard during the session on Wednesday, dipping below the significant 101 level. That level has been rather supportive over the last several weeks and as a result we were a bit surprised to see that level broken through.
EURUSD Daily Analysis – May 21, 2014
EURUSD’s downward movement from 1.3993 had completed at 1.3648 already, and the pair is now in uptrend.
GBPUSD Daily Analysis – May 21, 2014
GBPUSD’s upward movement from 1.6731 extended to as high as 1.6864.
USDJPY Daily Analysis – May 20, 2014
USDJPY’s downward movement from 102.36 extended to as low as 101.10.
AUDUSD Ready for Trend Line Break? May 20, ’14
AUDUSD has been on a steady uptrend, as seen on the 4-hour time frame, but it appears that the rally is slowing down.
EURUSD Daily Analysis – May 19, 2014
EURUSD remains in downtrend from 1.3993, the rise from 1.3648 could be treated as consolidation of the downtrend. Resistance is now at 1.3735,
AUDUSD Daily Analysis – May 19, 2014
AUDUSD continued its sideways movement in a range between 0.9318 and 0.9408.