Currency Trading

EURUSD FXE

EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance

GBPUSD Daily Analysis - October 1, 2014

GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6524.

 EURUSD Daily Analysis - October 1, 2014

EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2994, the rise from 1.2570 is likely consolidation of the downtrend.

EURUSD Daily Analysis - September 30, 2014

EURUSD remains in downtrend from 1.3411, as long as 1.2765 resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area.

AUD/USD Forecast September 30, 2014, Technical Analysis

The AUDUSD pair rose during the course of the day on Monday, as we bounced a bit off of the 0.87 handle. However, the 0.88 level above should be resistive, so we look at this is a potential selling opportunity.

GBPUSD Daily Analysis - September 29, 2014

GBPUSD’s downward movement from 1.6524 extended to as low as 1.6214.

 EURUSD Daily Analysis - September 29, 2014

EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.2666.

 AUDUSD Daily Analysis - September 29, 2014

AUDUSD’s downward movement from 0.9401 extended to as low as 0.8692.

EURUSD Daily Analysis - September 26, 2014

EURUSD’s downward movement from 1.3411 extended to as low as 1.2696.

AUDUSD Daily Analysis - September 25, 2014

AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9401, the rise from 0.8831 is likely consolidation of the downtrend.