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 GBPUSD Daily Analysis - September 4, 2014

GBPUSD’s downward movement from 1.6643 extended to as low as 1.6440.

EURUSD FXE

EURUSD remains in downtrend from 1.3411, the rise from 1.3110 is likely consolidation of the downtrend.

AUDUSD Forecast September 4, 2014, Technical Analysis

The AUDUSD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks.

 EURUSD Daily Analysis - September 3, 2014

EURUSD remains in downtrend from 1.3411, further decline would likely be seen after a minor consolidation, and next target would be at 1.3000 area.

 GBPUSD Daily Analysis - September 3, 2014

After consolidation, GBPUSD broke below 1.6536 support and continued its downward movement from 1.7190, and the fall extended to as low as 1.6463.

AUDUSD Forecast September 3, 2014, Technical Analysis

The AUDUSD pair fell during the day on Wednesday, but remained supported near the 0.9250 level, just as we had anticipated.

 GBPUSD Daily Analysis - September 2, 2014

After touching the downward trend line on 4-hour chart, GBPUSD dropped down from 1.6643, indicating that the pair remains in downtrend from 1.7190.

 EUR/USD Forecast September 2, 2014, Technical Analysis

During a particularly line session on Monday, the EURUSD pair went nowhere.

AUDUSD Forecast September 2, 2014, Technical Analysis

The AUDUSD pair tried to rally during the day on Monday, but found enough resistance to turn things back around and form a shooting star.

 GBPUSD Daily Analysis - August 28, 2014

GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the bounce from 1.6536 is likely consolidation of the downtrend.