AUDUSD Forecast January 15, 2015, Technical Analysis
The AUDUSD pair rose during the course of the session on Wednesday, but gave back a little bit of the gains as you can see.
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AUDUSD Daily Analysis – January 12, 2015
AUDUSD broke above 0.8214 resistance, indicating that consolidation of the downtrend from 0.8910 (Oct 29, 2014 high) is underway.
GBPUSD Major Correction – Jan 12
GBPUSD is showing signs of a pullback, as price previously found support near the 1.5000 major psychological level. Using the Fibonacci retracement tool on the latest swing high and low on the 4-hour time frame indicates that the 61.8% Fibonacci level lines up with a former support zone.
Gold – Beauty Is In The Eye Of The Beholder
As we come to the end of 2014 and look forward to 2015, for those trading and investing in gold the perspectives and conclusions will no doubt be very different and entirely dependent on whether you are a longer term investor in the precious metal, or a short term speculator.
EURUSD Daily Analysis – December 30, 2014
EURUSD’s downward movement from 1.2569 extended to as low as 1.2132.
AUDUSD Forecast December 30, 2014, Technical Analysis
The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.
AUDUSD Daily Analysis – December 29, 2014
AUDUSD remains in downtrend from 0.8795, the rise from 0.8087 is likely consolidation of the downtrend.
EURUSD Daily Analysis – December 29, 2014
EURUSD is now in downtrend from 1.2569, and the fall extended to as low as 1.2166.
USDJPY Daily Analysis – December 23, 2014
USDJPY remains in short term uptrend from 115.56, further rise to test 121.84 resistance could be expected,
GBPUSD Daily Analysis – December 23, 2014
GBPUSD is facing 1.5541 support again, a breakdown below this level will signal resumption of the downtrend