Currency Trading

GBPUSD Weekly Analysis - July 17, 2016

GBPUSD remains in downtrend from 1.5016, the rise from 1.2795 is likely consolidation of the downtrend.

EURUSD FXE

EURUSD seems to have bullish momentum on its side at the moment, as price is moving inside an ascending channel and bouncing off support. A test of the channel resistance at 1.1600 could be underway but there’s nearby resistance at the top of a longer-term range around 1.1450.

USDJPY Now Has 100 In Sight

It was yet another interesting week for the USD, which continued to remain firmly in the control of the bears, with the pair closing the week on a wide spread down candle as pressure continues to build on the pair.

EURUSD Weekly Analysis - June 12, 2016

EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0517.

AUDUSD Forecast June 1, 2016, Technical Analysis

The NZDUSD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday.

GBPUSD Forecast April 28, 2016, Technical Analysis

The GBPUSD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle.

AUDUSD Forecast April 28, 2016, Technical Analysis

The AUDUSD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point.

EURUSD FXE

The EURUSD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement.

EURUSD Weekly Analysis - April 17, 2016

EURUSD remains in uptrend from 1.0822, the fall from 1.1464 is likely consolidation of the uptrend.

AUDUSD Forecast April 12, 2016, Technical Analysis

The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.