GBPUSD Forecast April 11, 2014, Technical Analysis
The GBPUSD pair fell during the bulk of the session on Thursday, but bounced enough to form a little bit of a hammer.
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AUDUSD Trend Continuation Setup (April 11, 2014)
AUDUSD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today.
USDJPY Daily Analysis – April 10, 2014
USDJPY remains in downtrend from 104.12, the rise from 101.55 is likely consolidation of the downtrend.
EURUSD Trend Reversal (April 10, 2014)
EURUSD recently broke above a falling trend line on its 1-hour time frame, indicating that the downtrend is already over.
EURUSD Daily Analysis – April 9, 2014
EURUSD broke above the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3966 had completed at 1.3672 already.
USDJPY Daily Analysis – April 8, 2014
USDJPY is facing the support of the lower line of the price channel on 4-hour chart.
AUDUSD Daily Analysis – April 8, 2014
After touching 0.9303 resistance, AUDUSD pulled back from 0.9306, suggesting that lengthier sideways movement is underway.
USDJPY Daily Analysis – April 7, 2014
USDJPY remains in uptrend from 101.20, the fall from 104.12 is likely consolidation of the uptrend.
EURUSD Forecast April 4, 2014, Technical Analysis
The EURUSD pair initially try to rally during the session on Thursday, but fell hard enough to slam back into the 1.37 level.
AUDUSD Daily Analysis – March 31, 2014
AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9294.