AUDUSD Daily Analysis – April 14, 2014
AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8924, the fall from 0.9461 is likely consolidation of the uptrend.
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USDJPY Daily Analysis – April 14, 2014
USDJPY remains in downtrend from 104.12. Further decline is still possible after a minor consolidation, and next target would be at 100.50 area.
GBPUSD Forecast April 11, 2014, Technical Analysis
The GBPUSD pair fell during the bulk of the session on Thursday, but bounced enough to form a little bit of a hammer.
AUDUSD Trend Continuation Setup (April 11, 2014)
AUDUSD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today.
AUDUSD Daily Analysis – April 10, 2014
AUDUSD remains in uptrend from 0.9205, and the rise extended to as high as 0.9439.
USDJPY Daily Analysis – April 10, 2014
USDJPY remains in downtrend from 104.12, the rise from 101.55 is likely consolidation of the downtrend.
Bullish Momentum for the AUDUSD Continues
The Aussie dollar (AUSUSD) continued to build on the bullish momentum of the last few weeks, with the June futures contract closing the session with a wide spread up candle on the daily chart, surging through the 0.9300 region on good volumes.
EURUSD Daily Analysis – April 9, 2014
EURUSD broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3966 had completed at 1.3672 already.
GBPUSD Daily Analysis – April 8, 2014
GBPUSD broke above 1.6620 resistance, suggesting that the downward movement from 1.6684 had completed.
USDJPY Daily Analysis – April 8, 2014
USDJPY is facing the support of the lower line of the price channel on 4-hour chart.