EURUSD Descending Trend Line – Oct 7, 2014
EURUSD has been moving in a downtrend for quite some time, forming a descending trend line in connecting the recent highs.
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GBPUSD Daily Analysis – October 3, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524, and the fall extended to as low as 1.6112.
EURUSD Daily Analysis – October 3, 2014
EURUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.2994 had completed at 1.2570 already.
AUDUSD Forecast October 3, 2014, Technical Analysis
The AUDUSD pair fell during the session initially on Thursday, but found enough support to turn things back around and form a hammer.
USDJPY Daily Analysis – October 2, 2014
USDJPY is facing 108.24 support, a breakdown below this level will signal completion of the uptrend from 101.50, then deeper decline to 107.00 area could be seen.
AUDUSD Daily Analysis – October 2, 2014
AUDUSD broke above the resistance of the downward trend line on 4-hour chart, indicating that the downtrend from 0.9401 had completed
EURUSD Daily Analysis – October 2, 2014
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance
GBPUSD Daily Analysis – October 1, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524.
EURUSD Daily Analysis – October 1, 2014
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2994, the rise from 1.2570 is likely consolidation of the downtrend.
AUDUSD Forecast October 1, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Tuesday, but found enough support below to turn things back around and form a hammer.