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.
FOREX
GBPUSD Daily Analysis – April 8, 2014
GBPUSD broke above 1.6620 resistance, suggesting that the downward movement from 1.6684 had completed.
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.
EURUSD Daily Analysis – April 7, 2014
EURUSD broke below 1.3705 support, and continued its downward movement from 1.3966, and the fall extended to as low as 1.3672.
GBPUSD Daily Analysis – April 7, 2014
GBPUSD’s fall from 1.6684 extended to as low as 1.6553.
AUDUSD Daily Analysis – April 7, 2014
AUDUSD broke above 0.9303 resistance, suggesting that the uptrend from 0.8924 has resumed.
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.
USDJPY Forecast April 4, 2014, Technical Analysis
The USDJPY pair tried to rally during the session on Thursday, but as you can see lost most of the gains by the time we closed at the end of the day. The 104 level proved to be rather resistive, so the fact that we pullback and formed a shooting star suggests that we are in fact going to see some type of pullback at this point in time.