EURUSD Forecast October 24, 2014, Technical Analysis
EURUSD fell initially during the session here on Thursday, but ended up forming enough positive momentum towards the end of the day to form a little bit of a hammer.
Currency Trading
AUDUSD Forecast October 24, 2014, Technical Analysis
The AUDUSD pair tried to rally during the course of the day on Thursday, but found the 0.88 level be far too resistive and therefore turned back around and form a shooting star.
GBPUSD Daily Analysis – October 23, 2014
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226.
EURUSD Daily Analysis – October 23, 2014
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.2500 had completed at 1.2867 already.
AUDUSD Forecast October 23, 2014, Technical Analysis
The AUDUSD pair tried to break out above the 0.88 level yet again, but on Wednesday found the sellers more than willing and up to the task of keeping the markets down.
AUDUSD Forecast October 21, 2014, Technical Analysis
The AUDUSD pair did almost nothing during the session on Monday, testing the 0.88 level above for resistance.
GBPUSD Daily Analysis – October 20, 2014
GBPUSD remains in downtrend from 1.6524, the price action from 1.5951 is likely consolidation of the downtrend.
EURUSD Daily Analysis – October 17, 2014
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2500, the fall from 1.2867 is likely consolidation of the uptrend.
AUDUSD Forecast October 17, 2014, Technical Analysis
The AUDUSD pair fell during the course of the day on Thursday, but found enough support to turn things back around and form a hammer.
EURUSD Daily Analysis – October 16, 2014
EURUSD’s upward movement extended to as high as 1.2867.