Currency Trading

EURUSD Daily Analysis - December 22, 2014

EURUSD broke below 1.2247 support indicating that the downtrend from 1.2886 (Oct 15 high) has resumed.

AUDUSD Daily Analysis - December 22, 2014

AUDUSD remains in downtrend from 0.8794.

EURUSD Daily Analysis - December 19, 2014

EURUSD is facing 1.2247 support, a breakdown below this level will signal resumption of the downtrend from 1.2867 (Oct 15 high), then next target would be at 1.2000 area.

AUDUSD Forecast December 19, 2014, Technical Analysis

The AUDUSD pair as you can see initially went higher during the course of the session on Thursday,

EURUSD Daily Analysis - December 17, 2014

EURUSD moved sideways in a trading range between 1.2247 and 1.2599.

AUDUSD Forecast December 17, 2014, Technical Analysis

The AUDUSD pair originally broke higher during the session on Tuesday, but as you can see the sellers step back in and started pushing the market down at the 0.8250 level.

USDJPY Daily Analysis - December 15, 2014

USDJPY is facing 117.23 support, as long as this level holds, the fall from 121.84 could be treated as consolidation

GBPUSD Daily Analysis - December 8, 2014

GBPUSD broke below 1.5585 support, indicating that the downtrend from 1.6182 has resumed.

AUDUSD Daily Analysis - December 8, 2014

AUDUSD’s downward movement from 0.8795 extended to as low as 0.8293.

EURUSD Daily Analysis - December 5, 2014

EURUSD remains in downtrend from 1.2867 (Oct 15 high), the rise from 1.2280 is likely consolidation of the downtrend.