EURUSD Daily Analysis – November 14, 2014
EURUSD is testing the resistance of the downward price channel on 4-hour chart.
EURUSD is testing the resistance of the downward price channel on 4-hour chart.
AUDUSD remains in uptrend from 0.8540, the fall from 0.8764 would possibly be consolidation of the uptrend.
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, and the rise extended to as high as 0.8744.
The AUDUSD pair broke higher during the course of the session on Tuesday, but as you can see we are heading towards the 0.88 level, an area that has been of
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2867, the rise from 1.2358 could be treated as consolidation of the downtrend.
The AUDUSD pair fell during the course of the day on Monday, testing the 0.86 level.
GBPUSD is in downtrend from 1.6182, the rise from 1.5790 is likely consolidation of the downtrend.
AUDUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.8910 had completed at 0.8540 already.
EURUSD remains in downtrend from 1.2867, the rise from 1.2358 is likely consolidation of the downtrend.
EURUSD’s downward movement from 1.2867 extended to as low as 1.2441.