GBPUSD Daily Analysis – December 8, 2014
GBPUSD broke below 1.5585 support, indicating that the downtrend from 1.6182 has resumed.
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AUDUSD Daily Analysis – December 8, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8293.
EURUSD Daily Analysis – December 5, 2014
EURUSD remains in downtrend from 1.2867 (Oct 15 high), the rise from 1.2280 is likely consolidation of the downtrend.
AUDUSD Forecast December 5, 2014, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Thursday, as we continue to bounce along just below the 0.84 handle.
USDJPY Forecast December 2, 2014, Technical Analysis
The USDJPY pair fell during the session on Monday, but as you can see found enough support near the 180 level to turn things back around and form a little bit of a hammer.
GBPUSD Daily Analysis – December 2, 2014
After touching 1.5590 support, GBPUSD bounced back into the trading range between 1.5590 and 1.5825,
AUDUSD Forecast December 2, 2014, Technical Analysis
The AUDUSD pair gapped lower at the open on Monday, but as you can see bounced in order to fill that very same gap.
Brent Continues To Tumble As Economic Data Fails To Support Global Recovery
Brent crude oil (BNO, quote) dipped below $70 on to start the week as the commodity continued to free-fall following OPEC’s decision not to implement a cut. The commodity traded at $68.60 at 8:30 GMT on Monday morning as investors looked to economic data for any indication that the global economy could pick up.
GBPUSD Daily Analysis – December 1, 2014
GBPUSD broke below 1.5590 support, indicating that the downtrend from 1.6182 has resumed.
EURUSD Daily Analysis – December 1, 2014
EURUSD moved sideways in a trading range between 1.2358 and 1.2599.