Currency Trading

 AUDUSD Forecast September 5, 2014, Technical Analysis

The AUDUSD pair tried to rally significantly during the session on Thursday but failed.

 GBPUSD Daily Analysis - September 4, 2014

GBPUSD’s downward movement from 1.6643 extended to as low as 1.6440.

EURUSD FXE

EURUSD remains in downtrend from 1.3411, the rise from 1.3110 is likely consolidation of the downtrend.

AUDUSD Forecast September 4, 2014, Technical Analysis

The AUDUSD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks.

AUDUSD Forecast September 3, 2014, Technical Analysis

The AUDUSD pair fell during the day on Wednesday, but remained supported near the 0.9250 level, just as we had anticipated.

 GBPUSD Daily Analysis - September 2, 2014

After touching the downward trend line on 4-hour chart, GBPUSD dropped down from 1.6643, indicating that the pair remains in downtrend from 1.7190.

AUDUSD Forecast September 2, 2014, Technical Analysis

The AUDUSD pair tried to rally during the day on Monday, but found enough resistance to turn things back around and form a shooting star.

 EURUSD Daily Analysis - August 28, 2014

EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 (Jul 1 high) is underway.

 AUDUSD Forecast August 28, 2014, Technical Analysis

The AUDUSD pair rose during the course of the day on Wednesday, but still remains just underneath the 0.9350 level.

 GBPUSD Daily Analysis - August 27, 2014

GBPUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.7190, the rise from 1.6536 is likely consolidation of the downtrend.