AUD/USD Forecast March 26, 2014, Technical Analysis
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle.
Currency Trading
AUD/USD Forecast March 25, 2014, Technical Analysis
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.9050 level to turn things back around and send the market higher.
USD/JPY Forecast March 21, 2014, Technical Analysis
The USD/JPY pair did very little during the session on Thursday, hovering just below the 102.50 handle.
AUD/USD Forecast March 20, 2014, Technical Analysis
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.90 level to keep the market somewhat afloat.
EUR/USD Uptrend Line Bounce (March 20, 2014)
EUR/USD is moving in an uptrend, as seen on its 1-hour time frame. It is making a test of the rising trend line connecting the lows of the price while stochastic is in the oversold zone.
AUDUSD Daily Analysis – March 19, 2014
AUDUSD broke above 0.9133 resistance, suggesting that the uptrend from 0.8660 (Jan 24 low) has resumed.
USDJPY Daily Analysis – March 19, 2014
USDJPY is facing 101.20 support again, a breakdown below this level will signal resumption of the downtrend from 103.76, then the following downward movement could bring price to 98.00 zone.
EUR/USD Forecast March 11, 2014, Technical Analysis
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis.
USD/JPY Forecast March 11, 2014, Technical Analysis
The USD/JPY pair initially fell during the first part of the Monday session, but as you can see spent the rest of the day bouncing in order to form a hammer.
EUR/USD Forecast March 5, 2014, Technical Analysis
The EUR/USD pair rose during the session on Tuesday, but failed at the 1.38 resistance area in order to turn things back around and form a shooting star.