Currency Trading

GBPUSD Daily Analysis - September 16, 2014

GBPUSD remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 could be treated as consolidation of the downtrend.

EURUSD Daily Analysis - September 16, 2014

EURUSD moved sideways in a trading range between 1.2859 and 1.2987.

GBPUSD Daily Analysis - September 12, 2014

GBPUSD’s bounce from 1.6051 extended to as high as 1.6276, however, the bounce is likely consolidation of the downtrend from 1.7190 (Jul 15 high),

 AUDUSD Forecast September 12, 2014, Technical Analysis

The AUDUSD pair broke higher during the course of the day on Thursday, but found the 0.92 level to be far too resistive in order to go higher.

 AUDUSD Forecast September 11, 2014, Technical Analysis

The AUDUSD pair fell during most of the session on Wednesday, but bounce significantly off of the 0.91 handle, as we formed a massive hammer.

 GBPUSD Daily Analysis - September 9, 2014

GBPUSD continued its downward movement from 1.6643, and the fall extended to as low as 1.6091.

 AUDUSD Trend Breakdown? (Sept 9, 2014)

AUDUSD has been trading inside a rising channel on its 1-hour forex time frame for the past month, but it looks like a breakdown is happening.

 USDJPY Daily Analysis - September 8, 2014

USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of the uptrend.

 GBPUSD Daily Analysis - September 8, 2014

GBPUSD’s downward movement from 1.6643 extended to as low as 1.6168.

 EURUSD Forecast September 5, 2014, Technical Analysis

The EURUSD pair fell hard during the session on Thursday as the European Central Bank surprised that the markets with a slight rate cut.