AUDUSD Reversal Pattern – Nov 24, 201
A short-term rally might take place for AUDUSD, as the pair formed a double bottom pattern on its 4-hour time frame.
Curve Ahead Market Strategies
AUDUSD Weekly Analysis – November 23, 2014
AUDUSD stays in a trading range between 0.8540 and 0.8910.
USDJPY Weekly Analysis – November 23, 2014
USDJPY’s upward movement from 101.06 extended to as high as 118.97.
GBPUSD Weekly Analysis – November 23, 2014
GBPUSD remains in downtrend from 1.7190.
EURUSD Weekly Analysis – November 23, 2014
EURUSD failed to break above the upper line of the price channel on daily chart, indicating that the pair remains in downtrend from 1.3993.
EURUSD Daily Analysis – November 21, 2014
EURUSD remains in uptrend from 1.2358, the fall from 1.2599 could be treated as consolidation of the downtrend.
GBPUSD Daily Analysis – November 21, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend.
AUDUSD Daily Analysis – November 21, 2014
AUDUSD is facing 0.8540 support, a breakdown below this level will indicate that the downtrend from 0.8910 has resumed,
OPEC Could Cut Next Week
Brent crude oil (BNO, quote) was steady above $78 on Thursday as markets prepared for a busy day of economic releases. The commodity traded at $78.06 at 7:45 GMT as investors kept their focus on OPEC’s upcoming meeting and whether or not the cartel would cut output.
AUDUSD Daily Analysis – November 20, 2014
AUDUSD’s fall from 0.8795 extended to as low as 0.8585.