Currency Trading

EURUSD FXE

EURUSD’s downward movement from 1.3411 extended to as low as 1.3152.

AUDUSD Forecast August 27, 2014, Technical Analysis

The AUDUSD pair tried to go higher during the course of the day on Tuesday, and did gain a bit.

EURUSD Forecast August 12, 2014, Technical Analysis

The EURUSD pair fell during the course of the day on Monday, continuing to show a bit of a downtrend, and consolidating in this general vicinity.

 AUDUSD Forecast August 12, 2014, Technical Analysis

The AUDUSD pair fell during the course of the day on Monday, but not significantly so.

EURUSD Daily Analysis - August 11, 2014

EURUSD is facing 1.3444 resistance, as long as this level holds, the price action in the trading range between 1.3333 and 1.3444

Cable Continues to Remain Bearish (GBPUSD)

Cable moved lower once again last week as a resurgent US dollar continued to drive the pair, with the September futures contract closing at 1.6770 on the daily chart.

USDJPY Forecast August 8, 2014, Technical Analysis

The USDJPY pair initially tried to rally during the session on Thursday, but as you can see fell back down as we continue to bang around the 102 level.

EURUSD Forecast August 7, 2014, Technical Analysis

The EURUSD pair fell during the bulk of the session on Tuesday, but found enough support just above the 1.3325 level in order to bounce and form a nice-looking hammer.

GBPUSD Forecast August 5, 2014, Technical Analysis

The GBPUSD pair bounced during the session on Monday, as the 1.68 level has offered enough support to at least do that.

AUDUSD Forecast August 5, 2014, Technical Analysis

The AUDUSD pair initially fell during the day on Monday, but as you can see found enough support to turn things back around and form a hammer.