AUDUSD Forecast May 16, 2014, Technical Analysis
The AUDUSD pair went back and forth during the session on Thursday, ultimately printing a fairly neutral candle.
FOREX
EURUSD Forecast May 16, 2014, Technical Analysis
The EURUSD pair fell hard during the session on Thursday, breaking well below the 1.37 level, but part of this would’ve been based upon news headlines coming out of Spain that the European Central Bank might bring its rate down to negative real rates.
EURUSD Forecast May 15, 2014, Technical Analysis
The EURUSD pair initially tried to rally, but Wednesday action sell the market fall down to the 1.37 level.
GBPUSD Forecast May 14, 2014, Technical Analysis
The GBPUSD pair broke down during the session on Tuesday, breaking the bottom of the shooting star that formed on Monday.
AUDUSD Forecast May 13, 2014, Technical Analysis
The AUDUSD pair did very little during the session on Monday, as it tried to rally but failed in the end.
EURUSD Forecast May 13, 2014, Technical Analysis
The EURUSD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive.
GBPUSD Daily Analysis – May 12, 2014
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart.
EURUSD Daily Analysis – May 12, 2014
EURUSD’s downward movement from 1.3993 extended to as low as 1.3745.
AUDUSD Daily Analysis – May 12, 2014
AUDUSD remains in uptrend from 0.9202, the fall from 0.9394 is likely consolidation of the uptrend.
USDJPY Daily Analysis – May 12, 2014
USDJPY broke above 102.00 resistance, indicating that the downward movement from 103.02 had completed at 101.43 already.