AUDUSD Forecast October 31, 2014, Technical Analysis
The AUDUSD pair bounced during the course of the day on Thursday, but still remains trapped in the basic consolidation that we have seen for some time now.
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AUDUSD Daily Analysis – October 28, 2014
AUDUSD moved sideways in a range between 0.8642 and 0.8898.
USDJPY Daily Analysis – October 27, 2014
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 105.32.
USDCAD Daily Analysis – October 27, 2014
No changed in our view, USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 would possibly be consolidation of the uptrend.
GBPUSD Daily Analysis – October 27, 2014
GBPUSD continued its sideways movement in a range between 1.5874 and 1.6226.
EURUSD Daily Analysis – October 27, 2014
EURUSD is now in downtrend from 1.2867, the rise from 1.2613 is likely consolidation of the downtrend.
AUDUSD Daily Analysis – October 27, 2014
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898.
GBPUSD Daily Analysis – October 24, 2014
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be expected after consolidation.
EURUSD Forecast October 24, 2014, Technical Analysis
EURUSD fell initially during the session here on Thursday, but ended up forming enough positive momentum towards the end of the day to form a little bit of a hammer.
AUDUSD Forecast October 24, 2014, Technical Analysis
The AUDUSD pair tried to rally during the course of the day on Thursday, but found the 0.88 level be far too resistive and therefore turned back around and form a shooting star.