EURUSD Daily Analysis – August 4, 2014
EURUSD broke above the downward trend line on 4-hour chart, indicating that consolidation of the downtrend from 1.3700 is underway.
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GBPUSD Daily Analysis – August 4, 2014
GBPUSD continued its downward movement from 1.7190, and the fall extended to as low as 1.6809.
EURUSD Forecast August 1, 2014, Technical Analysis
The EURUSD pair fell during the course of the day on Thursday, but as you can see found enough support below in order to bounce and form a little bit of a hammer.
EURUSD Forecast July 31, 2014, Technical Analysis
EURUSD pair did fall during the course of the day on Wednesday, but bounce significantly in order to form a bit of a hammer.
EURUSD Forecast July 30, 2014, Technical Analysis
The EURUSD pair initially tried to rally during the day on Tuesday, but the Euro continued to struggle during the session, and slammed into the 1.34 handle.
GBPUSD Forecast July 30, 2014, Technical Analysis
The GBPUSD pair fell again during the session on Tuesday, and quite frankly is starting to press against some pretty significant support.
AUDUSD Forecast July 30, 2014, Technical Analysis
The AUDUSD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday.
EURUSD Forecast July 29, 2014, Technical Analysis
In the EURUSD pair tried to rally during the course of the day on Monday, but as you can see gave back most of the gains.
AUDUSD Forecast July 29, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer.
GBPUSD Forecast July 29, 2014, Technical Analysis
The GBPUSD pair went back and forth during the day on Monday, but found the 1.70 level to be resistive enough to keep the market somewhat down.