Currency Trading

AUDUSD Forecast December 5, 2014, Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Thursday, as we continue to bounce along just below the 0.84 handle.

USDJPY Forecast December 2, 2014, Technical Analysis

The USDJPY pair fell during the session on Monday, but as you can see found enough support near the 180 level to turn things back around and form a little bit of a hammer.

AUDUSD Forecast December 2, 2014, Technical Analysis

The AUDUSD pair gapped lower at the open on Monday, but as you can see bounced in order to fill that very same gap.

GBPUSD Daily Analysis - December 1, 2014

GBPUSD broke below 1.5590 support, indicating that the downtrend from 1.6182 has resumed.

EURUSD Daily Analysis - December 1, 2014

EURUSD moved sideways in a trading range between 1.2358 and 1.2599.

AUDUSD Daily Analysis - December 1, 2014

AUDUSD’s downward movement from 0.8795 extended to as low as 0.8416.

USDJPY Triangle Breakout - Nov 28, 2014

USDJPY showed more momentum as it broke above the descending triangle resistance in today’s Asian trading session.

EURUSD Daily Analysis - November 26, 2014

EURUSD failed to break below 1.3258 support and stayed in the trading range between 1.2358 and 1.2599.

AUDUSD Forecast November 26, 2014, Technical Analysis

The AUDUSD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle.

GBPUSD Daily Analysis - November 24, 2014

GBPUSD remains in downtrend from 1.6182, the rise from 1.5590 is likely consolidation of the downtrend.