EURUSD Daily Analysis – December 30, 2014
EURUSD’s downward movement from 1.2569 extended to as low as 1.2132.
EURUSD’s downward movement from 1.2569 extended to as low as 1.2132.
The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.
AUDUSD remains in downtrend from 0.8795, the rise from 0.8087 is likely consolidation of the downtrend.
EURUSD is now in downtrend from 1.2569, and the fall extended to as low as 1.2166.
The United States on Monday insisted on blaming the Democratic People’s Republic of Korea ( DPRK) for a cyber attack on the U.S.-based Sony Pictures Entertainment, demanding Pyongyang compensate for the damages caused.
USDJPY remains in short term uptrend from 115.56, further rise to test 121.84 resistance could be expected,
GBPUSD is facing 1.5541 support again, a breakdown below this level will signal resumption of the downtrend
EURUSD remains in downtrend from 1.2569, and the fall extended to as low as 1.2216.
The AUDUSD pair fell during the session on Monday, but we remain within the consolidation area that we have been stuck in.
EURUSD broke below 1.2247 support indicating that the downtrend from 1.2886 (Oct 15 high) has resumed.