AUDUSD Daily Analysis – May 18, 2020
AUDUSD is facing 0.6372 support. As long as this level holds, the sideways movement in a trading range
FX
Lacklustre Start To Week Full Of Data, Earnings And CB Meetings
At the start of a week full of US earnings, important economic data and a couple of central bank meetings, risk is somewhat off the menu. Equities, copper and, to a lesser degree, oil prices were all trading lower at the time of this writing.
Brexit-Hit Pound Stages Modest Rebound On Manufacturing Surprise
News that the UK manufacturing activity in September hit its highest level since June 2014 has provided a welcome relief for sterling.
AUDUSD Daily Analysis – April 8, 2014
After touching 0.9303 resistance, AUDUSD pulled back from 0.9306, suggesting that lengthier sideways movement is underway.
EUR/USD Forecast March 5, 2014, Technical Analysis
The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star.
Daily Forex Analysis – March 18, 2013
EURUSD’s downward movement from 1.3711 extends to as low as 1.2888. Key resistance is at 1.3161, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.2800 area, only break above 1.3161 resistance could signal completion of the downtrend.
FOREX Market Outlook
USDJPY broke below the lower line of the price channel on 4-hour chart, and is now in consolidation of the uptrend from 82.11. Range trading between 86.82 and 89.67 would likely be seen in a couple of days
FOREX Market Analysis
Wednesday FOREX Short-Term Market Analysis – After touching the lower line of the price channel on 4-hour chart, USDJPY rebounds from 86.82, suggesting that a cycle bottom is being formed. Further rise could be expected….
Short-Term Daily FOREX Market Analysis
Monday January 7th Daily FOREX Market Analysis
Daily FOREX Market Analysis
AUDUSD has formed a cycle top at 1.0527 on 4-hour chart. Pullback to 1.0420 area would likely be seen. Key support is at 1.0344, as long as this level holds, the fall could be treated as correction of the uptrend from 1.0344, another rise to test 1.0585 resistance is still possible