EURUSD Forecast May 7, 2014, Technical Analysis
The EURUSD pair rose during the session on Tuesday, after the Germans printed better than anticipated numbers with the Services PMI announcement.
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AUDUSD Forecast May 7, 2014, Technical Analysis
The AUDUSD pair took off to the upside during the session on Tuesday, breaking the top of the hammers and more importantly, breaking above the sideways grind that we have been stuck in for 2 weeks.
GBPUSD Daily Analysis – May 6, 2014
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465 (Mar 24 low), and the fall from 1.6918 is likely consolidation of the uptrend.
AUDUSD Daily Analysis – May 6, 2014
AUDUSD broke above the upper line of the price channel on 4-hour chart.
EURUSD Daily Analysis – May 5, 2014
EURUSD is now in uptrend from 1.3775.
AUDUSD Daily Analysis – May 5, 2014
AUDUSD remains in downtrend from 0.9461, the rise from 0.9202 is likely consolidation of the downtrend.
AUDUSD Daily Analysis – May 2, 2014
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461, the rise from 0.9227 would possibly be consolidation of the downtrend.
EURUSD Daily Analysis – May 1, 2014
EURUSD is facing 1.3879 resistance, a break above this level will signal resumption of the uptrend from 1.3672, then next target would be at 1.3950 area.
AUDCAD Short-Term Downtrend (May 1, 2014)
AUDCAD is currently testing a falling trend line on its 1-hour time frame, as it has pulled up after reaching the 1.0150 minor psychological support.
AUDUSD Daily Analysis – April 30, 2014
AUDUSD remains in downtrend from 0.9461.