EURUSD Daily Analysis – May 19, 2014
EURUSD remains in downtrend from 1.3993, the rise from 1.3648 could be treated as consolidation of the downtrend. Resistance is now at 1.3735,
Currencies
AUDUSD Daily Analysis – May 19, 2014
AUDUSD continued its sideways movement in a range between 0.9318 and 0.9408.
AUDUSD Forecast May 16, 2014, Technical Analysis
The AUDUSD pair went back and forth during the session on Thursday, ultimately printing a fairly neutral candle.
EURUSD Forecast May 16, 2014, Technical Analysis
The EURUSD pair fell hard during the session on Thursday, breaking well below the 1.37 level, but part of this would’ve been based upon news headlines coming out of Spain that the European Central Bank might bring its rate down to negative real rates.
EURUSD Forecast May 15, 2014, Technical Analysis
The EURUSD pair initially tried to rally, but Wednesday action sell the market fall down to the 1.37 level.
Portfolio Update
With May Expiration this week we have little house cleaning to do.
Yuan fall ‘dictated by market’
Recent falls in the yuan exchange rate against the US dollar are based entirely on market forces, a senior official said on Tuesday after Premier Li Keqiang met with visiting US Treasury Secretary Jacob Lew.
AUDUSD Forecast May 13, 2014, Technical Analysis
The AUDUSD pair did very little during the session on Monday, as it tried to rally but failed in the end.
EURUSD Forecast May 13, 2014, Technical Analysis
The EURUSD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive.
GBPUSD Daily Analysis – May 12, 2014
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart.