Technical Analysis

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.

AUD/USD Forecast September 30, 2014, Technical Analysis

The AUDUSD pair rose during the course of the day on Monday, as we bounced a bit off of the 0.87 handle. However, the 0.88 level above should be resistive, so we look at this is a potential selling opportunity.

 AUDUSD Forecast September 26, 2014, Technical Analysis

The AUDUSD pair fell during the course of the day on Thursday, breaking below the 0.88 support level.

GBPUSD Forecast September 25, 2014, Technical Analysis

The GBPUSD pair fell during the course of the day on Wednesday, but as you can see remains above the support of 1.63 level.

 AUDUSD Forecast September 19, 2014, Technical Analysis

The AUDUSD pair fell initially during the day on Thursday, but you can see found enough support below to turn things back around and form a hammer.

 AUDUSD Forecast September 17, 2014, Technical Analysis

The AUDUSD pair initially fell during the course of the day on Tuesday, but found the 0.90 level to be supportive enough to bounce significantly.

 AUDUSD Forecast September 16, 2014, Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Monday, showing the 0.90 level to be supportive though, which of course is very important as far as we can see.

 AUDUSD Forecast September 12, 2014, Technical Analysis

The AUDUSD pair broke higher during the course of the day on Thursday, but found the 0.92 level to be far too resistive in order to go higher.

 AUDUSD Forecast September 11, 2014, Technical Analysis

The AUDUSD pair fell during most of the session on Wednesday, but bounce significantly off of the 0.91 handle, as we formed a massive hammer.

 EURUSD Forecast September 5, 2014, Technical Analysis

The EURUSD pair fell hard during the session on Thursday as the European Central Bank surprised that the markets with a slight rate cut.