USDJPY Daily Analysis – April 29, 2014
USDJPY is facing 102.72 resistance, a break above this level will indicate that the uptrend from 101.32 has resumed,
FOREX
AUDUSD Daily Analysis – April 29, 2014
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461, and the fall extended to as low as 0.9227.
USDJPY Daily Analysis – April 28, 2014
USDJPY is now in downtrend from 102.72, and the fall extended to as low as 101.96.
AUDUSD Pullback to Play Out? (April 28, 2014)
AUDUSD is in a strong uptrend on its short-term and long-term time frames but it appears that buyers need to regain energy before pushing the pair higher.
Tough times for EUR/USD forex traders
It’s been a tough couple of weeks for eurodollar traders, with the pair trading in a congested range, testing the 1.3780 floor to the downside and the 1.3870 ceiling to the upside on the daily chart.
AUDUSD Forecast April 25, 2014, Technical Analysis
The AUDUSD pair fell during the session on Thursday, but found support at the all-important 0.9250 level again.
EURUSD Forecast April 25, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Thursday, ultimately settling on a slightly positive candle.
GBPUSD Forecast April 25, 2014, Technical Analysis
The GBPUSD pair fell initially during the session on Thursday, but found enough support below at the 1.68 level to push things higher inform something along the lines of a hammer.
USDJPY Forecast April 25, 2014, Technical Analysis
The USDJPY pair fell during the bulk of the session on Thursday, but found enough support right around the 102 level to turn things back around and form a hammer.
EURUSD Daily Analysis – April 24, 2014
EURUSD failed to break above 1.3864 resistance, indicating that the pair remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend.