AUDUSD Forecast January 20, 2015, Technical Analysis
The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.
The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.
GBPUSD remains in downtrend from 1.5785, the rise from 1.5034 is likely consolidation of the downtrend.
EURUSD’s downward movement from 1.2569 extended to as low as 1.1744.
The AUDUSD pair rose during the course of the session on Wednesday, but gave back a little bit of the gains as you can see.
The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.
AUDUSD remains in downtrend from 0.8795, the rise from 0.8087 is likely consolidation of the downtrend.
EURUSD is now in downtrend from 1.2569, and the fall extended to as low as 1.2166.
USDJPY remains in short term uptrend from 115.56, further rise to test 121.84 resistance could be expected,
GBPUSD is facing 1.5541 support again, a breakdown below this level will signal resumption of the downtrend
EURUSD remains in downtrend from 1.2569, and the fall extended to as low as 1.2216.