EURUSD Daily Analysis – August 4, 2014
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 is underway.
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GBPUSD Daily Analysis – August 4, 2014
GBPUSD continued its downward movement from 1.7190, and the fall extended to as low as 1.6809.
AUDUSD Daily Analysis – August 4, 2014
AUDUSD remains in downtrend from 0.9470, the rise from 0.9275 is likely consolidation of the downtrend.
EURUSD Forecast August 1, 2014, Technical Analysis
The EURUSD pair fell during the course of the day on Thursday, but as you can see found enough support below in order to bounce and form a little bit of a hammer.
USDJPY Bullish Pennant (August 1, 2014)
USDJPY has recently made a strong upside breakout from the descending triangle on a longer-term time frame. From there, price has made a strong rally past 102.00 then formed a bullish flag pattern, indicating that there could be buying pressure left.
AUDUSD Triangle Breakout (July 31, 2014)
AUDUSD had been trading inside an ascending triangle chart pattern for quite some time before breaking to the downside and indicating that further losses could be in the cards.
EURUSD Forecast July 30, 2014, Technical Analysis
The EURUSD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle.
GBPUSD Forecast July 30, 2014, Technical Analysis
The GBPUSD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support.
EURUSD Forecast July 29, 2014, Technical Analysis
In the EURUSD pair tried to rally during the course of the day on Monday, but as you can see gave back most of the gains.
AUDUSD Forecast July 29, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer.